IBM Japan had a range of Kanji-character-enabled desktop computers, called the Multistations. This was part of that family with the addition of a greyscale LCD display. Although 5535 is the 'laptop' range of machines, With the sheer size and weight (7kg), I think you would consider it more like a 'space saving desktop', much like the IBM Convertible. It has a sibling called the 5535-S which has a slightly different design and is 'less boxy'.
My machine is a 5535-M19, which sold for 595,000 YEN - equivilent to about £8,000 in today's money. It rocks a 286 CPU running at 10Mhz. It has an expansion slot on the left side and a 1.44Mb 3.5" floppy disk drive on the right.
The display is a rather unusual 16-dot mono with a strange resolution of 720x512.
My machine has a 3274 adaptor with big fat connector sticking out of the side, which would support coaxial connection via 3270 to an IBM mainframe's 3274 controller. The 3247 controller was a huge box connected to a mainframe to offload connection processing to the mainframe.