REAL ESTATE & TOURISM
Japan's January 2026 Arrivals Dip 4.9% to 3.60 Million — A Lunar New Year Calendar EffectA · FULL TRANSLATION

# Japan inbound tourism# JNTO# visitor arrivals# monthly statistics
Key Points
- January 2026 arrivals: 3,597,500, down 4.9% YoY
- Driven by the Lunar New Year shift (Jan 29, 2025 → Feb 17, 2026)
- Greater-China travel moved into February; Korea and Western markets held firm
Analysis
Calendar effect, not demand weakness: Lunar New Year fell in late January 2025 but on February 17 in 2026, shifting Greater-China travel a month later. Read January and February together — single-month optics mislead.

Full Translation
JNTO estimates 2026/1 arrivals at 3,597,500, down 4.9% year on year. See the chart and key points above; full 23-market detail is in the official release.