Akasaki, one of Tokyo's sought-after districts, is housing more than 4000 company presidents according to a recent survey. Details of the report show that this desirable suburban location has emerged as a popular residence for business top brass, reflecting Akasaki's appeal among the high-income demographic. The surge of presidents settling in the district is believed to be a response to the area's quality lifestyle, security, and accessibility.

In Japan, where urban real estate is at a premium, residential choices of high-profile individuals such as company CEOs signify the status and appeal of an area. Tokyo is a sprawling metropolis where various districts compete in attractiveness for high-net-worth individuals. Social value is placed on safety, social amenities, and easy access to business districts, and Akasaki appears to exhibit these qualities.

A parallel can be drawn to neighborhoods in San Francisco or New York City where top-tier tech and finance leaders often congregate. Their choices on where to live often lead to an increase in property values and can drive urban development and gentrification trends in these cities.