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Coronavirus

Missed deals: Japan's COVID travel restrictions exact economic toll

Vaccinated residents face 10-day quarantine on return, deterring business trips

Japan's de facto travel ban has limited foreign arrivals despite progress in vaccinations.   © Reuters

TOKYO/LONDON/FRANKFURT, Germany -- As Sumitomo Chairman Kuniharu Nakamura sees it, Japan's stringent travel restrictions come with a hefty price.

"Our rule as a trading company is to actually go and see the business site before deciding on an investment," Nakamura told a forum sponsored by the Japanese business lobby Keidanren on Thursday.

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