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Japan's ultra-wealthy population to shrink by 2027: report

Jun 26 (Japan Today) - Japan's ultra-wealthy population is forecast to shrink by 1.8 percent in the five years to 2027, the only member among the Group of Seven industrialized nations to see a decline in the period, a recent report by a British real estate consulting firm showed.

Japan, however, will remain home to the second largest number of ultra-high-net-worth individuals -- a person with a net worth of at least $30 million -- in Asia, behind mainland China, according to the latest annual Wealth Report by Knight Frank.

The number of such super-rich people in Japan, the world's third-largest economy, is estimated at 21,859 in 2027, down from 22,259 in 2022.

A Knight Frank official attributed Japan's shrinking population as one of the main factors for the expected decline.

Japan's population is projected to drop from 125 million in 2022 to 122 million in 2027, representing a 2.3 percent decrease, according to the National Institute of Population and Social Security Research. ...continue reading

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As of November 4th, the Japan Meteorological Agency announced that a tropical depression near the Caroline Islands is expected to develop into a typhoon within the next 24 hours. The system is separate from Typhoon No. 25 (Haiyan) currently near the Philippines and is projected to move northwestward once it intensifies.

China’s Foreign Ministry announced that it will extend visa-free entry for Japan, France, and 43 other countries until the end of December 2026, as the government seeks to attract more overseas investment and tourists amid a prolonged economic slowdown.

Japan’s record-breaking bear crisis has entered a new and deadly phase, with authorities confirming that a 79-year-old woman missing in Akita Prefecture was found dead in the mountains, believed to be the 13th fatality from bear attacks this year.

An outbreak of highly pathogenic avian influenza has been confirmed at a poultry farm in Eniwa City, Hokkaido, prompting authorities to begin culling operations on Sunday afternoon.

Japan’s worsening bear problem has prompted calls for national intervention, but legal and operational barriers have complicated the government’s response. In 2025, bear attacks have reached record levels, leaving 12 people dead—double the previous high of six fatalities in 2023.

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A police officer responding to a traffic accident in Hyogo Prefecture died after falling from a bridge on November 3rd in Nishinomiya City, with authorities investigating the circumstances surrounding the incident.

A woman armed with a knife was subdued by police after causing a disturbance inside a movie theater in Tokyo’s Kabukicho district on November 2nd.

Police in Yokohama are investigating a possible case of corpse abandonment after a headless and partially dismembered body was found floating near Yamashita Park.

A suspicious package was discovered at Keihan Railway’s Chushojima Station in Kyoto on November 1st, prompting police to investigate the possibility of an explosive device.

A truck that had fallen into a river in the town of Okoppe on the Sea of Okhotsk side of Hokkaido was found on the morning of November 2nd, with the body of a man discovered inside.

Halloween Eve in Shibuya still drew a festive atmosphere, with people gathering in costume and enjoying the night. Tokyo police deployed several hundred officers, including the well-known “DJ police,” to manage the crowds and prevent congestion at the famous Shibuya Scramble Crossing.

A man accused of killing and injuring four family members with a crossbow in Takarazuka City, Hyogo Prefecture, was sentenced to life in prison on October 31st, after the Kobe District Court rejected the prosecution’s demand for the death penalty.

Bear attacks are reaching unprecedented levels across Japan, with a record 12 fatalities so far this year as sightings continue daily from mountain towns to city centers, disrupting schools and local institutions.