Yokohama TsuzukiOn October 14, the Nikkei Shimbun reported that an 8-year old, 12-storey condominium in Yokohama’s Tsuzuki Ward was starting to lean due to insufficient foundations. The construction company, Sumitomo Mitsui Construction Co., saw share prices slide by 30% yesterday morning after the news was announced.

The residential complex has four buildings and 700 apartments. In late 2014, residents noticed that the handrails in one of the building’s corridors was 2cm higher than the corresponding ones from the connecting building, while there was a 1.5cm gap between the floors. 

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