News On Japan

Nagoya’s New Retail Hub to Open Next Summer

NAGOYA, Oct 15 (News On Japan) - The name of the commercial complex opening next year inside a new skyscraper in Sakae, Nagoya, has been decided as "Haera." The commercial complex inside the Landmark Nagoya Sakae, a skyscraper under construction at the intersection of Hisaya Odori and Otsu-dori that will feature a hotel, a cinema, and other facilities across 41 above-ground floors and four basement levels, has been named "Haera" ahead of its opening next year.

. Front Retailing and partners announced that the retail zone, spanning from the second basement floor to the fourth floor above ground, will be named "Haera."

The name combines the Japanese word "sakaeru" (to flourish) with the English word "era," reflecting the developers’ vision for the site to become a hub of new energy and cultural dynamism for the city. About 65 stores, including flagship boutiques of high-end brands, fashion retailers, and restaurants, are expected to open in the complex.

Parco and Daimaru Matsuzakaya will handle tenant recruitment and facility operations. Haera is scheduled to open in early summer next year, with detailed tenant information to be announced in the spring.

Source: Nagoya TV News

News On Japan
POPULAR NEWS

Kagome announced on May 14th that it will temporarily redesign several ketchup products by reducing printed packaging areas and adopting mostly transparent labels as worsening tensions in the Middle East continue to disrupt supplies of white ink and other petroleum-based packaging materials across Japan.

Spring bear sightings are continuing across Japan, with wild bears increasingly appearing in residential neighborhoods and urban districts, including incidents involving damaged property and close encounters with residents.

A 16-year-old boy has been arrested on suspicion of robbery-murder after a group of intruders broke into a house in Kamimikawa Town, Tochigi Prefecture, on May 14th, killing a 69-year-old woman and injuring two other family members in what police suspect may have been a crime carried out by a loosely connected criminal group known as "Tokuryu."

Bluefin tuna, now being caught in unusually large numbers around areas such as Sado Island in Niigata Prefecture, is becoming significantly more affordable, with some restaurant operators even saying it is cheaper than horse mackerel.

The impact of Japan’s growing naphtha shortage is spreading across a widening range of industries, raising concerns about manufacturing, logistics, and even daily consumer life.

MEDIA CHANNELS
         

MORE Business NEWS

JR Hokkaido is moving ahead with discussions over a so-called "vertical separation" system for railway lines the company says it can no longer maintain on its own.

ENEOS Holdings announced that a tanker operated by one of its group companies has successfully passed through the Strait of Hormuz in the Middle East.

Aichi Financial Group, which owns Aichi Bank, and Mie Prefecture-based Sanjusan Financial Group announced that they have reached a basic agreement toward a management integration.

Nissan Motor announced its financial results for the year through March 2026 on May 14th, reporting a net loss for the second consecutive year as the company continues efforts to rebuild its business.

Despite a prolonged downturn in the publishing industry, a bookbinding machine manufacturer based near Lake Biwa has continued to expand globally by adapting to a major shift in the way books are produced.

The impact of Japan’s growing naphtha shortage is spreading across a widening range of industries, raising concerns about manufacturing, logistics, and even daily consumer life.

The “ink shock” caused by tensions in the Middle East is beginning to spread across Japan’s food packaging industry, prompting manufacturers to simplify designs and reduce ink usage as concerns grow over naphtha supplies and rising printing costs.

The yield on Japan’s benchmark newly issued 10-year government bond rose to 2.60% in the Tokyo bond market on May 13th, marking its highest level in approximately 29 years since June 1997.