Japan Inc says goodbye downtown, hello suburbs in post-pandemic era
Central Tokyo sees largest vacancy rate increase in a decade
Businesses are shedding empty office space as employees continue to work from home. (Photo by Mamoru Yago)
TOKYO -- Corporations headquartered in Tokyo have started to cut down on empty office space as businesses prepare for the new normal in a post-pandemic world.
This trend has caused a stark reversal of historically low office vacancies in the capital's downtown area. Instead, employers have opened offices outside the city to bring work closer to home.
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
Celebrate our next chapterFind out more
Free access for everyone - Sep. 30