Half of Tokyoโs Lodgers Are Foreigners, Leaving Japanese Business Travelers Struggling for Accommodation
In 2024, one out of every two people staying in Tokyo was a foreign visitor. Since the COVID-19 pandemic, the proportion of foreigners in Japanese cities has increased significantly. This has led to rising accommodation prices, and in some areas, it has become difficult for business travelers to find lodging within their companyโs budget, creating so-called โbusiness trip refugees.โ๐ ๐ ๐
According to Nikkeiโs analysis of the 2024 accommodation travel statistics from the Japan Tourism Agency, foreigners accounted for 51.5% of all overnight stays in Tokyo, 50.1% in Kyoto Prefecture, and 44.9% in Osaka Prefecture. Nationwide, the proportion of foreign guests was 25.2%, with even higher percentages in urban areas.๐ฅ ๐ฅ ๐ฅ
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In 2024, one out of every two people staying in Tokyo was a foreign visitor. Since the COVID-19 pandemic, the proportion of foreigners in Japanese cities has increased significantly. This has led to rising accommodation prices, and in some areas, it has become difficult for business travelers to find lodging within their companyโs budget, creating so-called โbusiness trip refugees.โ
According to Nikkeiโs analysis of the 2024 accommodation travel statistics from the Japan Tourism Agency, foreigners accounted for 51.5% of all overnight stays in Tokyo, 50.1% in Kyoto Prefecture, and 44.9% in Osaka Prefecture. Nationwide, the proportion of foreign guests was 25.2%, with even higher percentages in urban areas.
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Japanese Foreign Minister Holds Talks with Mongolian Foreign Minister๐งโ๐ป
On the 4th, Japanese Foreign Minister Takeshi Iwaya held talks with Mongolian Foreign Minister Battsetseg in Tokyo. The two sides exchanged views on the situation in Ukraine and reaffirmed the importance of achieving a just and lasting peace. Iwaya also sought cooperation on the issue of North Koreaโs abduction of Japanese citizens, which received Battsetsegโs support. Mongolia has traditionally maintained friendly relations with North Korea.๐ ๐ ๐
Mongolia also has deep ties with its neighboring countries, Russia and China. At the same time, to avoid excessive dependence on these two countries, Mongolia places importance on its relationship with Japan. This includes promoting exchanges between the Japan Air Self-Defense Force and the Mongolian Air Force, as well as strengthening cooperation in the field of security.๐ซก ๐ซก ๐ซก
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On the 4th, Japanese Foreign Minister Takeshi Iwaya held talks with Mongolian Foreign Minister Battsetseg in Tokyo. The two sides exchanged views on the situation in Ukraine and reaffirmed the importance of achieving a just and lasting peace. Iwaya also sought cooperation on the issue of North Koreaโs abduction of Japanese citizens, which received Battsetsegโs support. Mongolia has traditionally maintained friendly relations with North Korea.
Mongolia also has deep ties with its neighboring countries, Russia and China. At the same time, to avoid excessive dependence on these two countries, Mongolia places importance on its relationship with Japan. This includes promoting exchanges between the Japan Air Self-Defense Force and the Mongolian Air Force, as well as strengthening cooperation in the field of security.
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Osaka USJ Single-Day Ticket Price to Rise to Approximately 577 RMB๐
USJ Co. (Osaka), the operator of Universal Studios Japan (USJ), will raise the maximum price of its โ1 Day Studio Passโ (adult ticket) by 1,000 yen starting in May, setting it at 11,900 yen (approximately 576.80 RMB). This surpasses the highest price for a single-day ticket at Tokyo Disney Resort, which is 10,900 yen (approximately 528.33 RMB).๐ธ ๐ธ ๐ธ
With the increasing number of visitors, USJ has decided to raise ticket prices to boost revenue and ease congestion.๐ฅ ๐ฅ ๐ฅ
USJ adopts a โdynamic pricing system,โ where ticket prices vary depending on the date. During the major holiday period in 2025, tickets will be sold at the highest price of 11,900 yen from May 3 to May 5.๐ ๐ ๐
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USJ Co. (Osaka), the operator of Universal Studios Japan (USJ), will raise the maximum price of its โ1 Day Studio Passโ (adult ticket) by 1,000 yen starting in May, setting it at 11,900 yen (approximately 576.80 RMB). This surpasses the highest price for a single-day ticket at Tokyo Disney Resort, which is 10,900 yen (approximately 528.33 RMB).
With the increasing number of visitors, USJ has decided to raise ticket prices to boost revenue and ease congestion.
USJ adopts a โdynamic pricing system,โ where ticket prices vary depending on the date. During the major holiday period in 2025, tickets will be sold at the highest price of 11,900 yen from May 3 to May 5.
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Japanโs Long-Term Government Bond Yield Rises to Highest Level Since 2009๐ผ
On the 6th, Japanโs government bond market saw an increase in the yield of newly issued 10-year government bonds (No. 377 issue, with a coupon rate of 1.2%), which temporarily rose to 1.505%. According to Japan Mutual Securities Co., this marks the highest level in approximately 15 years and 9 months, since June 2009.๐ ๐ ๐
On the 5th, Bank of Japan (BOJ) Deputy Governor Shinichi Uchida stated that if economic and price trends align with expectations, the BOJ โwill continue to raise policy rates and adjust the degree of monetary easing.โ This remark heightened market expectations for further interest rate hikes by the central bank in the near future. Additionally, the rise in government bond yields in overseas markets the previous day also contributed to this trend.๐ ๐ ๐
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On the 6th, Japanโs government bond market saw an increase in the yield of newly issued 10-year government bonds (No. 377 issue, with a coupon rate of 1.2%), which temporarily rose to 1.505%. According to Japan Mutual Securities Co., this marks the highest level in approximately 15 years and 9 months, since June 2009.
On the 5th, Bank of Japan (BOJ) Deputy Governor Shinichi Uchida stated that if economic and price trends align with expectations, the BOJ โwill continue to raise policy rates and adjust the degree of monetary easing.โ This remark heightened market expectations for further interest rate hikes by the central bank in the near future. Additionally, the rise in government bond yields in overseas markets the previous day also contributed to this trend.
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Long-Range Missiles to Be Deployed in Kyushu First๐ฃ
The Japanese government plans to deploy ground-launched long-range missiles in Kyushu by the end of fiscal year 2025 to enhance counterstrike capabilities. This move prioritizes defense in the southwest amid concerns over a potential Chinese invasion of Taiwan.๐ ๐ ๐
The upgraded Type 12 surface-to-ship missiles have a range of about 1,000 km, bringing North Korea and Chinaโs coastal areas within range.๐คฏ ๐คฏ ๐คฏ
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The Japanese government plans to deploy ground-launched long-range missiles in Kyushu by the end of fiscal year 2025 to enhance counterstrike capabilities. This move prioritizes defense in the southwest amid concerns over a potential Chinese invasion of Taiwan.
The upgraded Type 12 surface-to-ship missiles have a range of about 1,000 km, bringing North Korea and Chinaโs coastal areas within range.
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Niantic Sells โPokรฉmon GOโ and โMonster Hunter Nowโ to Scopely for $3.5 Billion๐ฅ
Niantic, known for developing location-based mobile games like Pokรฉmon GO, Monster Hunter Now, and Pikmin Bloom, has announced the sale of these game businesses to U.S. mobile gaming company Scopely for $3.5 billion (~520 billion yen).๐ต ๐ต ๐ต
Scopely confirmed that it will continue operating the games after the transition. Reports of Niantic negotiating the sale had surfaced earlier via Bloomberg.๐ฃ ๐ฃ ๐ฃ
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Niantic, known for developing location-based mobile games like Pokรฉmon GO, Monster Hunter Now, and Pikmin Bloom, has announced the sale of these game businesses to U.S. mobile gaming company Scopely for $3.5 billion (~520 billion yen).
Scopely confirmed that it will continue operating the games after the transition. Reports of Niantic negotiating the sale had surfaced earlier via Bloomberg.
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Crew Dragon Docks at ISS, Astronaut Takuya Onishi Returns to Space๐
The Crew Dragon spacecraft, carrying four astronauts from Japan, the U.S., and Russia, docked with the International Space Station (ISS) on March 16 at 1:05 PM JST. Among them, JAXA astronaut Takuya Onishi (49) begins a six-month missionโhis second ISS stay since 2016.๐ ๐ ๐
Launched from Floridaโs Kennedy Space Center aboard a SpaceX Falcon 9 rocket, Onishi now assumes the role of ISS commander for the first time. He will conduct various experiments in Japanโs Kibo module, including crystal growth for semiconductor research.๐ค ๐ค ๐ค
On arrival, Onishi shared, โIโm happy to be back at the ISS in great health!โ๐ ๐ ๐
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The Crew Dragon spacecraft, carrying four astronauts from Japan, the U.S., and Russia, docked with the International Space Station (ISS) on March 16 at 1:05 PM JST. Among them, JAXA astronaut Takuya Onishi (49) begins a six-month missionโhis second ISS stay since 2016.
Launched from Floridaโs Kennedy Space Center aboard a SpaceX Falcon 9 rocket, Onishi now assumes the role of ISS commander for the first time. He will conduct various experiments in Japanโs Kibo module, including crystal growth for semiconductor research.
On arrival, Onishi shared, โIโm happy to be back at the ISS in great health!โ
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Stellerโs Sea Eagles on Drift Ice in Shiretoko, Hokkaido๐ฆ
Stellerโs sea eagles, a Natural Monument of Japan, are wintering in the waters off Rausu, Hokkaido, near the World Heritage site of Shiretoko.๐ ๐ ๐
On the morning of the 5th, many eagles rested on the drift ice under the sunrise. As they spread their massive wings and took flight, sightseeing boat passengers eagerly took photos.๐ ๐ ๐
These eagles, which breed in Russiaโs Far East, gather around drift ice near Rausu Port, competing for bait thrown from the boats.โค๏ธ โค๏ธ โค๏ธ
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Stellerโs sea eagles, a Natural Monument of Japan, are wintering in the waters off Rausu, Hokkaido, near the World Heritage site of Shiretoko.
On the morning of the 5th, many eagles rested on the drift ice under the sunrise. As they spread their massive wings and took flight, sightseeing boat passengers eagerly took photos.
These eagles, which breed in Russiaโs Far East, gather around drift ice near Rausu Port, competing for bait thrown from the boats.
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Trump Expresses Dissatisfaction with the U.S.-Japan Security Treaty๐
On the 6th, U.S. President Trump told the media at the White House, โThe United States must defend Japan, but Japan has no obligation to protect the United States.โ He criticized the U.S.-Japan Security Treaty as one-sided and expressed dissatisfaction.๐จโ๐ป ๐จโ๐ป ๐จโ๐ป
This marks the first time Trump has publicly made such remarks since returning to office. In the future, he may use this as a basis to pressure Japan to increase its defense spending. During his first term, Trump had also called the treaty an โunfair agreement.โ๐
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On the 6th, U.S. President Trump told the media at the White House, โThe United States must defend Japan, but Japan has no obligation to protect the United States.โ He criticized the U.S.-Japan Security Treaty as one-sided and expressed dissatisfaction.
This marks the first time Trump has publicly made such remarks since returning to office. In the future, he may use this as a basis to pressure Japan to increase its defense spending. During his first term, Trump had also called the treaty an โunfair agreement.โ
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