Japan Lumber Journal
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The total amount of the estimated budget request related to forestry for fiscal 2019 increased 15.2% compared to the initial budget in the previous fiscal year to 345.234 billion yen. Public works spending totaled 229.634 billion yen (20.8% increase), and within this total, spending for general public works projects was 219.660 billion yen (22% increase), and spending for disaster recovery was 9.974billion yen (same as the previous fiscal year).
On September 3, Daiken Corporation (Osaka City) concluded a capital and business alliance agreement with Itochu Corporation and has agreed to issue new equity shares through a
third-party allotment. With this agreement, Itochu will hold 35% of the shares in Daiken (29.9% prior to the
On September 11 in Sendai City, Mitsubishi Estate Co., Ltd. opened for viewing the construction site of a high-rise apartment building (10 stories) that uses CLT in the flooring material for the first time in Japan. The apartment building has 39 rental units and is scheduled to be completed next year in February. There are benefits in using CLT in the flooring such as a reduction in construction time, but with problems of performance in fire-resistance in using CLT in the flooring material, there were no cases of its use in high-rise buildings in Japan. This time, the company worked on technological development in cooperation with Takenaka Corporation, and the upper and lower surfaces of the CLT were covered with a fire resistant coating using a gypsum-based material, so the problem of fire resistance was cleared.