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'.

Model IBM 5535
Machine Types 5535-M
Release Timeframe Sold from October1987 for around 4 years.
Preceded by  
Superceded by  
Motherboard Specs 10MHz Intel 286
Display Specs Monochrome STN, 720x512 resolution, 16-dot characters

 

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.