Meet Our Experts

Mari Kumagai

Senior Director

Colliers International | Tokyo
Hibiya Kokusai Building 5F
2-2-3 Uchisaiwaicho, Chiyoda-ku,
Tokyo, Japan 100-0011

Office: +81 3 4572 1009


Mari joined Colliers International Japan as Senior Director, Research - Asia in July 2018. She is responsible for driving a more integrated, client-centric, and forward-looking research approach for the benefit of clients and Colliers professionals for her coverage related to Japanese property markets.  Previously, Mari served as senior analyst at Morningstar, Moody's Investor Services, Citigtoup Global Markets, and Merrill Lynch.

After four years in statutory tax auditing , Mari has over 18 years of research experience – in equity/credit analysis and strategic research covering  Japanese banks and property sectors as both buy-side and sell-side research analyst for global institutional investors.  She has worked in California and Tokyo and fully bilingual in English and Japanese.


Ranked in top percentile for her accuracy in industry forecasting and portfolio selection

Achieved the highest accuracy ranking in the 2017 forecast provided through Bloomberg for her real estate coverage  



Major institutional investors and landlords 


Mari holds a Bachelor of Laws from Keio University and a MBA from the UCLA Anderson with Nozawa (Panasonic U.S.A) scholarship.  Mari is the Certified Public Accountants in the state of Washington. 

Affiliations & Memberships

CFA society - Japan

Women Leadership Iniitiaitives - Urban Land Institute ( Japan)

35.67048400 139.75435400

Contact Mari