Most of this good news is happening because of the increase in foreign tourists and the accompanying surge in infrastructure improvements that local investors are making to support those extra tourists.
Will Shanghai Disneyland siphon off Chinese and overseas visitors to Japan, and what other overseas facilities or events could derail Japan's ascendency as a tourist destination for the throngs in Asia?
Not just hotel funds, foreign individuals are also driving up real estate prices. They are typically starting in the big cities, but we predict it won't be long before the excitement moves out to the rural areas as well.
Overseas tourist tragedies (Egypt and Tunisia) remind us just how lucky we are with public safety in Japan, and how Japan should be selling itself as a safe destination for international tourists wanting somewhere exotic to go.
A new government initiative operated from the Japan External Trade Organization in cooperation with the Tokyo Metropolitan Government has been launched to help make it easier for foreigners to start a company in Japan.
Since JAL emerged from bankruptcy in 2010, the company has been on a combination of cost-cutting and strategic route planning. Everything was relatively new, staff were courteous and imbued with "omotenashi".
We remember the days when a 30% currency change over 2 years was considered dramatic, and yet here we are at more than 50% and mostly we sit back and complain about how things are getting more expensive.