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August 15, 2024
 

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MITSUI FUDOSAN

A vacant lot on the site of the former Tsukiji fish market where a group of companies plans to develop a commercial and residential complex in the coming years
BUSINESS
May 1, 2024
Developer hopes to tap Tsukiji's 'rich history' to create a new Tokyo hot spot
Mitsui Fudosan, tasked with renovating the former site of the famous Tsukiji fish market, hopes to build the vacant lot into a new trendy hub.
A computer-generated image shows redevelopment plans for the former site of the Tsukiji fish market in Tokyo.
BUSINESS / Companies
Apr 22, 2024
Tsukiji 2030s: A stadium, culinary center and transportation hub
Massive redevelopment plans for the former site of Japan's world-famous fish market aim to turn the waterfront land into the new face of Tokyo.
In Japan, there’s a huge gap between how companies value their real estate assets on their books against what those same properties would fetch if sold in the market.
BUSINESS / Companies
Apr 16, 2024
Hidden billions in Tokyo real estate lure activist hedge funds
Billions in value can be unlocked by pressuring companies to sell off holdings, a tactic that activist funds are now employing.
Japan Times
BUSINESS
Jul 12, 2023
Mitsui Fudosan displaces Mitsubishi Estate as Japan's top real estate developer
Recovering tourism, after the lifting of pandemic controls, and work-from-home habits have altered investors’ views of hotels and offices, in which Mitsui is more heavily invested.
Japan Times
BUSINESS / Companies
Jun 7, 2021
'Nihonbashi Valley': Tokyo’s old trade quarters transforming into a startup hub
The financial district home to the Tokyo Stock Exchange and the Bank of Japan is undergoing a makeover, luring dozens of life science and space technology startups.
Japan Times
BUSINESS / Companies
Nov 27, 2020
Mitsui Fudosan set to bid for Tokyo Dome to ward off Oasis
The real estate company is preparing to make a tender offer of about u00a5100 billion ($960 million), sources say.
Japan Times
BUSINESS / Economy
Jul 5, 2019
S&P warns it could be bubble time again for Japan's real estate companies as debts rise
Japan's real estate firms are entering dangerous territory. That's the assessment of S&P Global Ratings, which said in a report Friday that the sector's debt levels now eclipse that of the nation's bubble era.
Japan Times
BUSINESS / Companies
Jan 30, 2018
Mitsui Fudosan ready to open new Tokyo Midtown in Hibiya in March
Tokyo Midtown Hibiya, a 35-story office and shopping complex, will open in Chiyoda Ward in March, with its developer, Mitsui Fudosan Co., saying it hopes to evolve the Hibiya area into a crossing point for both businesses and culture.
Japan Times
BUSINESS / Companies
Nov 6, 2015
Asahi Kasei cuts profit target, says piles scandal hard to cost
Construction subcontractor Asahi Kasei Corp. lowered its annual forecast by 14 percent on Friday, but said the figure excludes a probe into its work on building foundations.
Japan Times
JAPAN
Oct 22, 2015
Asahi Kasei subsidiary worker linked to leaning Yokohama condo handled 41 projects over 10 years, firm reveals
An Asahi Kasei Construction Materials Corp. employee at the center of a tilting condo controversy oversaw 41 projects in nine prefectures over 10 years.
Japan Times
JAPAN
Oct 20, 2015
Tilting condo may be tip of iceberg for shoddy housing construction nationwide
The scandal surrounding structural flaws and falsified data for a tilting residential building in Yokohama has cast a spotlight on loopholes in the real estate industry's entrenched system, according to experts who speculate the trouble may turn out to be just the tip of an iceberg.
Japan Times
JAPAN
Oct 20, 2015
Asahi Kasei vows independent probe over tilting condo building
Top executives of Asahi Kasei Corp., parent of the company that handled the piling work for a tilting Yokohama condominium building, apologize and say the company will do its best to discover the facts surrounding the case.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’
By Thu-Huong Ha

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