Tourism and Investment in Japan

Tourism industry, retailers and restaurants were hit again by the pandemic The new coronavirus infections in Japan continue to spread. On January 13, the government issued the state of emergency again in 11 prefectures, including Tokyo and neighboring three prefectures. The pandemic is causing great damage to the tourism industry, one of Japan's major industries.  The Japan National Tourism Organization announced that the number of foreign tourists visiting Japan in 2020 was 4,115,900, a decrease of 87.1% from the previous year. It was the lowest level since 1998, and the rate of decline was the largest since 1964 when the statistics began. In particular, the number of foreign tourists in April has decreased by 99.9% from the previous year after the first state of emergency was declared, and has continued to decline for four consecutive months by the same ratio since then.  The economies of major tourist destinations in Japan, supported by the profits generated by foreign vi...

From luxurious Wagyu meat to appetizing delicatessen to Japanese confectionery with colorful appearance Kakiyasu Honten Co., Ltd. is a food company founded in 1871 in Kuwana City, Mie Prefecture. Kakiyasu produces and sells prepared food products and is known for processing and selling Matsusaka beef, one of the most prominent brands of Japanese Wagyu Beef. Matsusaka beef is famous for its tender and heavily marbled meat. Only beef products meeting strict grading criteria can be marketed and sold as Matsusaka beef.  Kakiyasu also developed its original brand "Kakiyasu beef" and sell the meat and processed products with that brand name at department stores nationwide. They have been very popular among Japanese consumers as a high-class ingredient. In addition, it also sells delicatessen dishes and traditional Japanese confectionery at restaurants, department stores and supermarkets.  In particular, Kakiyasu has been well known for maintaining high level of standards of its p...

The third wave of infections continue to sweep through the country The Tokyo Metropolitan Government announced on December 31 that the number of daily confirmed new cases of coronavirus infection was 1,337, significantly higher than the record high of 949 marked on December 26. The number of newly infected people in Japan also reached a record high of 4,519 as of December 31, surpassing 4,000 for the first time deepening concerns about hospital capacity.  The Governor of Tokyo called on the citizens of Tokyo to spend the New Year quietly with their families at home and asked to refrain from going out unnecessarily and to forgo dining out for New Year's party. In addition, she said if the spread of the infection could not be contained, she would have to request the Japanese government to declare the state of emergency.  The number of hospitalized coronavirus patients in Tokyo hit a record high and the number of people with serious symptoms has also reached a new high since a ...