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pace japan director tokyo interview

Kyoko Hattori, vice president of Pace Japan, expressed her desire for Tokyo to become the center of art in Asia in a recent interview with the Japan Times. This comes one month after the third edition of Tokyo Gendai art fair closed with solid but unspectacular sales. Pace, the only mega-gallery with a location in Tokyo, opened a space in the Azabudai Hills development, which has been seen as a signal of the city's arrival on the global art stage. The article notes cautiously optimistic data, with Japan seeing 2 percent growth in the art market last year while the wider market contracted by 12 percent, and competitors China and Korea saw significant drops.

Despite new autumn slot, Tokyo Gendai remains a largely local affair

Tokyo Gendai held its third edition from September 11-14, 2025, in Yokohama, shifting from its original July slot to an early autumn date to attract more international dealers and collectors. The fair reported mixed sales amid a slow economy, with local Japanese collectors making up the vast majority of buyers. Notable sales were reported by Pace Gallery, while other galleries like Anomaly noted a slower start but eventual sales. The fair also featured a new partnership with Art Busan, bringing Korean and Chinese galleries with subsidized booth fees.