This is a beautiful Japanese knife, that kinife part is the same as Kasumi-Togi made from Yasuki -white steel offering at a reasonable price with beautiful sheath and handle with lacquer coating as “Urushinuri” that exemplifies the beauty of Japan.
“kasumi” are made from two materials: high-carbon steel "hagane" (Yasuki white steel) and soft iron "jigane" forged together. This style of knife offers a similar cutting edge to a honyaki blade in high-grade knives. It offers the benefit of being "more forgiving" and generally easier to maintain than the honyaki style, at the expense of stiffness. Some see this as an advantage.