News On Japan

Japan to Require Nationality Disclosure in Real Estate Ownership

TOKYO - The Ministry of Justice announced that nationality reporting will become mandatory when registering real estate such as condominiums, reflecting growing calls to better understand ownership trends amid rising apartment prices and increased activity in the housing market.

Hiraguchi said at a press conference after the December 16th Cabinet meeting that the new rule will require individuals registering property—including condominium purchases, newly built homes, and inherited real estate—to provide their nationality as part of the application process. Authorities plan to add a nationality field to registration documents and verify the information through passports or other identification, but no penalties will be imposed for non-compliance.

The submitted nationality data will not appear in publicly accessible registry records. Instead, it will be stored internally and shared across government ministries and agencies to support policy planning and administrative oversight.

A public comment process will begin in late December, with implementation targeted during fiscal 2026.

Source: FNN

News On Japan
POPULAR NEWS

Large and powerful Typhoon No. 25 was moving north toward the Izu Islands and Kanto on September 21, with destructive winds and torrential rain forecast as the storm makes its closest approach through the evening and night, while at 5 a.m. it was located about 220 kilometers southwest of Hachijojima and moving north at 20 kilometers per hour, with the center expected to approach very close to the Izu Islands after midday before turning northeast over waters east of Kanto.

Large and strong Typhoon No. 25 is expected to make its closest approach to Kanto from the afternoon through the night of September 21, with rail operators canceling services, airlines warning of widespread disruption at Tokyo airports and expressway closures already in effect across parts of Chiba Prefecture.

Emperor Naruhito and Empress Masako watched Japan defeat Kazakhstan in a women’s basketball preliminary-round game at the 20th Asian Games in Nagoya.

A drone filming the illuminated Nagoya City Hall headquarters crashed into a building across the road shortly before 9 p.m. on September 17, with police investigating whether the flight may have violated Japan's Civil Aeronautics Act.

Volcanic smoke continues to rise from Mount Tokachi (Tokachidake), an active volcano in Daisetsuzan National Park in Hokkaido, one week after its eruption alert level was raised to Level 3, restricting entry to the mountain and prompting a series of cancellations at nearby hot spring inns just before the peak autumn foliage season.

MEDIA CHANNELS
         

MORE Business NEWS

Japan's first five-day Silver Week holiday in 11 years has put renewed attention on household finances, with persistently high food prices and a weakening yen threatening to erode the benefits of the government's planned consumption tax cut on food.

A list of providers with identical promises turns selection into brute-force sorting. The differences do exist; they are just hidden somewhere other than the homepage.

The Bank of Japan raised its policy rate from 1.0% to 1.25% on September 18, taking borrowing costs to their highest level in 31 years and accelerating the pace of monetary tightening as persistent inflation and concerns over fiscal expansion put upward pressure on interest rates.

The yen strengthened by more than 1 yen against the dollar in a short period late on September 18 after the Bank of Japan conducted a rate check, a step commonly taken in preparation for possible intervention in the foreign exchange market.

Tokyo stocks rose sharply on September 18, with the Nikkei 225 climbing to around 65,350 in afternoon trading after the Bank of Japan raised interest rates to 1.25%, as the yen weakened and investors bought artificial intelligence and semiconductor-related shares.

The Bank of Japan raised its policy interest rate from 1.0% to 1.25% on September 18, lifting borrowing costs to their highest level in 31 years as policymakers moved to contain growing inflation risks, but the yen weakened sharply after the decision as markets focused on two dissenting votes and uncertainty over the pace of further increases.

A market spread is generally the difference between two market prices. Most commonly, traders use the term to describe the bid-ask spread: the difference between the highest price a buyer is currently prepared to pay and the lowest price a seller is prepared to accept.

Starbucks is considering selling a majority stake in its Japanese business, potentially valued at as much as $3 billion, or about 470 billion yen, as the U.S. coffee chain seeks to concentrate management resources on its struggling North American operations.