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On November 26th, the Nikkei Shimbun reported on proposed changes to how Japan values real estate for inheritance-tax purposes would shift assessments away from traditional indicators such as the National Tax Agency’s annually published rosenka (roadside land prices) and instead base valuations on the property’s original purchase price. Photo by Scott Graham  on Unsplash .   The national government aims to close perceived loopholes that allow heirs to sharply discount propert

On November 27 th , the Nikkei Shimbun reported the results on a performance survey of companies in Niigata and Nagano for fiscal 2024 (April 2024 to March 2025), compiled by Teikoku Databank’s regional offices. The results showed that just under 30% of firms in both prefectures posted increases in both revenue and profit. Nagano City skyline courtesy of Photo by Aoi  on Unsplash. In Niigata, 29.4% of companies reported higher revenue and profit, surpassing the share of firms

On November 22 nd , NHK World News aired a report breaking down Japan’s newly approved multitrillion-yen economic stimulus package and what it means for households facing rising living costs. NHK World News YouTube channel doesn’t allow embeds on third-party sites, so either click the image above or here to watch the segment . Key Topics Covered Japan has launched a ¥21.3 trillion stimulus package to ease inflation and support growth.   The plan restores electricity and gas s

On November 20 th , the Nikkei Shimbun reported  that the share of newly built condominiums in Tokyo’s 23 wards that were resold within one year of purchase reached 9.3% for units bought between January and June 2024, according to preliminary findings from Ministry of Land, Infrastructure, Transport and Tourism (MLIT) analysis based on property registry data. Photo by Jezael Melgoza  on Unsplash This marks the first time the ministry has conducted such a study, with full find

The Real Estate Economic Institute released its October report on the Greater Tokyo Area (GTA) brand new condominium market on the 20th. The GTA includes Tokyo, Kanagawa, Chiba, and Saitama prefectures. Photo by Timo Volz  on Unsplash GTA brand new unit launches totaled 1,316, down 28.2% year-on-year - the first decline in four months. By area, launches fell sharply in Tokyo’s 23 wards (535 units, -34.4%) and Chiba Prefecture (100 units, -76.6%), while Tokyo’s non-23 ward are