
Fukui enjoys visitor boost after shinkansen extension
Still, how to increase the number of tourists who stay at local hotels will remain a key issue in the second year of the new section, which opened on March 16 last year between Tsuruga and Kanazawa stations in the Hokuriku region.
"The number of visitors from the Kanto and Shinetsu regions, viewed as a key task amid the weak yen and rising prices, is increasing. It's a big step forward," Fukui Gov. Tatsuji Sugimoto told a news conference in late January, emphasizing the impact of the extension. The line connects Hokuriku and Kanto, which includes Tokyo, via Shinetsu.
About 6.42 million people visited Fukui between March 16 last year and Feb. 15 this year, up by about 1 million from a year before, according to the prefectural government.
Popular tourist destinations include the Fukui Prefectural Dinosaur Museum and Eiheiji temple.
But the growth has not necessarily translated into an increase in overnight stays in the prefecture, which is sandwiched between the popular tourist areas of Kyoto and Kanazawa.
According to Japan Tourism Agency preliminary data, the total number of overnight stays made in Fukui in 2024 was 3.45 million for Japanese visitors, up 8.5% from the previous year, the sixth-biggest expansion among all prefectures.
But the growth in overnight stays by visitors from abroad was low. The number of such stays rose 37.2% to about 90,000, lower than the national increase of 38.9%.
"There are few restaurants open until late hours and nighttime tourist attractions," a Fukui government official said.
In addition to increasing night events featuring food and traditional performing arts, the prefecture is working to develop tours to attract foreign nationals visiting Japan for the World Expo in Osaka, which opens next month. Its partner in the project is West Japan Railway Co. (JR West), one of the operators of the Hokuriku Shinkansen.
The Hokuriku Shinkansen line is due to be extended from Tsuruga to Shin-Osaka Station. But it is unclear when construction between the two stations will start, because of the huge construction costs local governments must bear and the impact of the construction work on groundwater.
"While the connection between the Hokuriku region and the Tokyo metropolitan area is strengthening, effects of the extended section have not been seen in the Kansai or neighboring Chukyo region," JR West President Kazuaki Hasegawa told a news conference last month. "It is very important to connect the line to Kansai as soon as possible."
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Mainichi
6 minutes ago
- The Mainichi
Tokyo stocks end up over 3% at 1-year highs on Japan-US tariff deal
TOKYO (Kyodo) -- Tokyo stocks' key indexes ended up over 3 percent at one-year highs on Wednesday after Japan and the United States reached a trade deal with 15 percent U.S. tariffs on autos and other products, lower than initially proposed by President Donald Trump. The market was further lifted by investors hoping for a new Japanese government as Prime Minister Shigeru Ishiba's resignation is viewed as inevitable, following the major setback for the governing coalition in Sunday's House of Councillors election. The 225-issue Nikkei Stock Average advanced 1,396.40 points, or 3.51 percent, from Tuesday to 41,171.32, its highest level since July 16, 2024. The broader Topix index finished 90.19 points, or 3.18 percent, higher at 2,926.38. All industry sectors advanced on the top-tier Prime Market, with gainers led by transportation equipment, bank and metal product issues. The U.S. dollar briefly weakened to the lower 146 yen range in Tokyo as the Japan-U.S. trade deal helped ease concerns over the prospects for the Japanese economy, boosting the yen. But the U.S. currency later strengthened to the lower 147 yen level at one point as the yen was sold on worries that Japan's financial health may deteriorate further due to fiscal expansion measures that could be adopted in the future, dealers said. Such concerns sent long-term interest rates sharply higher. The yield on the benchmark 10-year Japanese government bond hit 1.600 percent, the highest level since October 2008. Stocks rose across the board, with auto shares surging after Tokyo and Washington agreed that U.S. tariff on automobiles, imposed since April, will be cut to 15 percent from 27.5 percent for Japanese cars. "Since the Japan-U.S. tariff negotiations had been expected to be prolonged, the market reacted positively as the trade deal was announced relatively soon after the national election" on Sunday, said Masahiro Ichikawa, chief market strategist at Sumitomo Mitsui DS Asset Management Co.


Yomiuri Shimbun
6 minutes ago
- Yomiuri Shimbun
Japan's Nikkei Stock Average Soars to One-Year Peak on Trade Deal; Bonds Slide
TOKYO, July 23 (Reuters) – Japanese automakers led a surge in the Nikkei share average to a one-year peak on Wednesday, after Tokyo reached a trade deal with Washington, ending a months-long stalemate. Under the agreement, Japanese exports to the United States face a 15% levy, down from a threatened tariff of 25%. Specific duties on autos, which account for more than a quarter of Japan's U.S. exports, also fell to 15% from 25%. The Nikkei .N225 rallied 3.5% to end the day at 41,171.32, its highest close since July last year. The Tokyo Stock Exchange's transport equipment index .ITEQP.T soared nearly 11%, with Toyota Motor 7203.T surging more than 14%. The clarity on tariffs bolstered the case for the Bank of Japan to resume raising interest rates, lifting short-term Japanese government bond yields. Longer-term JGB yields also climbed, with local media reporting that embattled Prime Minister Shigeru Ishiba was preparing to step down, suggesting a shift in the political landscape towards increased fiscal largesse. Ishiba has denied the reports. The 10-year yield JP10YTN=JBTC shot to the highest since 2008 at 1.6%, while a 40-year debt auction garnered the lowest demand since 2011. The yen weakened about 0.3% to 147.02 per dollar JPY=EBS after initially flipping between gains and losses. 'As long as the political situation doesn't deteriorate too much more, we suspect Japan's equity rally has further to run,' Capital Economics head of Asia Pacific markets Thomas Mathews wrote in a note. For the rates market, 'our sense is that investors are still underestimating how fast the central bank will hike this year and next,' Mathews said. Ishiba is facing growing opposition from within his Liberal Democratic Party for his vow to stay in power despite the ruling coalition's drubbing in Sunday's election, which resulted in the loss of the coalition's upper house majority. Opposition parties calling for debt-funded consumption tax cuts made big gains at the polls. The yield on 40-year JGBs JP40YTN=JBTC climbed 8.5 basis points to hit 3.46%. Thirty-year yields JP30YTN=JBTC advanced as much as 6.5 basis points to 3.15%, approaching last week's all-time high of 3.20%. Two-year yields JP2YTN=JBTC, which are more sensitive to the monetary policy outlook, jumped 8 basis points to 0.83%, the highest since April 2, when U.S. President Donald Trump shocked markets with his aggressive 'Liberation Day' tariff announcement. Expectations for tighter monetary policy also lifted the TSE's banking index .IBNKS.T by 4.4%, making it the second-biggest gainer among the bourse's 33 industry groupings. The central bank will meet on policy next week. BOJ Deputy Governor Shinichi Uchida said on Wednesday that the trade deal greatly reduces uncertainty over the economic outlook, but also warned that risks to activity and prices were skewed to the downside. 'I don't think this (trade deal) alone will lead to a Bank of Japan rate hike next week, but the possibility of a rate hike between September and October has increased,' said SMBC chief currency strategist Hirofumi Suzuki. 'However, if anything, political uncertainty is having more of an impact on the market, and the pressure for yen depreciation is likely to continue.'

6 minutes ago
Nikkei Briefly Jumps 1,500 Points on Japan-U.S. Deal
News from Japan Economy Jul 23, 2025 16:53 (JST) Tokyo, July 23 (Jiji Press)--Japan's benchmark Nikkei 225 stock average briefly rose over 1,500 points Wednesday as investors welcomed a tariff agreement between Japan and the United States. The key index climbed 1,396.40 points, or 3.51 pct, from the previous day to close at 41,171.32, the highest finish since July 16, 2024. The Nikkei rose to as high as 41,342.59 in late trading with a gain of some 1,567 points. The broader TOPIX index ended at 2,926.38, up 90.19 points, or 3.18 pct. A wide range of issues were bought from the outset of the day's trading, after U.S. President Donald Trump announced a trade agreement that featured setting so-called reciprocal tariffs on U.S. imports of Japanese goods at 15 pct. The deal took many market players by surprise as it was done earlier than expected and features a lower tariff rate than earlier announced by the Trump administration. An official at a major securities firm said that before the latest announcement, many investors had resigned themselves to seeing the reciprocal tariff at a higher rate that would have kicked in had Washington and Tokyo not struck a deal. [Copyright The Jiji Press, Ltd.] Jiji Press