Tokyo leader remains firm about hosting Olympics

TOKYO — Tokyo Governor Yuriko Koike remains firm about safely hosting the Olympics in July.

Japan has experienced an uptick in infections this month, with a nationwide daily total exceeding 2,000 as the government tries to balance preventive measures and business activity.

International Olympic Committee President Thomas Bach spent four days in Tokyo last week trying to assure the public and sponsors the Olympics will take place on July 23.

Koike credits widespread use of masks for Japan’s lower infections compared to the United States and Europe. Tokyo topped 500 cases last week. It reported 186 new cases on Tuesday for a total of nearly 38,200.


The health ministry says Japan has 135,000 total cases and nearly 2,000 confirmed deaths. The U.S. has 12.4 million cases and more than 258,000 deaths. Britain leads Europe with 1.5 million cases and 56,000 confirmed deaths.

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Hospitality sector boosts Tokyo stocks, stay-at-home winners lose footing

* Nikkei hits fresh 29-year high, value shares jump

* Vaccine news raises hope of broad earnings recovery

* Airlines, train companies jump, OLC hits record high

* Internet companies, high-flying Mothers index dive

* Turnover hits 4 trln yen, highest in 5 months

TOKYO, Nov 10 (Reuters) – Japan’s Nikkei share average hit its best level in nearly three decades on Tuesday as pandemic-battered shares of airlines, railway operators and department stores jumped on news of progress in the development of a COVID-19 vaccine.

Investors switched to beaten-down value shares while dumping those which benefited from the stay-at-home trend during the pandemic, such as internet service firms and game companies.

“With increasing clarity, people are getting more optimistic,” said Masa Takeda, portfolio manager at SPARX, subadvisor to the Hennessy Japan Fund.

“What I’m hoping to see is the economy starting to open up again around the world. I think

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RPT-Japan property funds feel pinch as Tokyo population drops amid pandemic

(Repeats a story published on Japan holiday without any changes)

* People moving to suburb for bigger space, to avoid crowd

* Japan REIT index hit 5-month low last week

* Residential REIT reports fall in occupancy

* Office markets could come under pressure longer-term

TOKYO, Nov 3 (Reuters) – Signs that people are moving away from Tokyo, as telecommuting becomes the norm for many business amid the COVID-19 pandemic, have put property investors on edge and pushed Japan’s real estate investment trust (REIT) index to five-month lows.

Although Japan’s total population has been dropping since 2009, capital Tokyo has defied the trend, attracting young workers from all over the country.

But data from the Tokyo metropolitan government shows the city’s population dropped by around 10,700 in October to 13.971 million, its fourth decline in five months.

“We have expected Tokyo’s daytime population to shrink over time but we did

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Japan property funds feel pinch as Tokyo population drops amid pandemic

TOKYO (Reuters) – Signs that people are moving away from Tokyo, as telecommuting becomes the norm for many business amid the COVID-19 pandemic, have put property investors on edge and pushed Japan’s real estate investment trust (REIT) index to five-month lows.

Police officers try to control revellers and passersby on the Shibuya crossing during Halloween as the big sign board set up by local ward office encouraging people refrain from going there for Halloween events is seen, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan October 31, 2020. REUTERS/Issei Kato

Although Japan’s total population has been dropping since 2009, capital Tokyo has defied the trend, attracting young workers from all over the country.

But data from the Tokyo metropolitan government shows the city’s population dropped by around 10,700 in October to 13.971 million, its fourth decline in five months.

“We have expected Tokyo’s daytime population to shrink over time

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Tokyo area condo supply hits low in April-Sept., up in Sept. alone



an aerial view of a city


© 共同通信社


The number of new condominiums listed for sale in the Tokyo region between April and September fell 26.2 percent from the year before to 8,851 units, but the tally for September alone showed an uptick, a research institute said Tuesday.

With the COVID-19 pandemic causing real estate companies to shut down condominium apartments usually shown to visitors for promotion, the figure for the first half of fiscal 2020 hit a record low for any fiscal first-half, the Real Estate Economic Institute said.

The previous record low in the tally for Tokyo and its three neighboring prefectures of Kanagawa, Saitama and Chiba was 10,357 units marked in the first half of fiscal 1992 after the burst of Japan’s economic bubble.

In September, however, the number rose 5.0 percent from a year earlier to 2,477 units after a year-on-year fall in August.

The rate of units sold during the month

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