It is modern-made replica of a Japanese sword. The damascus-like layers near where the blade transitions to the tang are usually a sign of modern repros. Also the notches where the blade transitions to the tang are not like a normal Japanese sword.
Plus, its all scratched up as if someone attempted to polish it with sandpaper or power tools or something. There is no writing on the tang, which doesn't automatically mean its a fake, but together with the name written on the blade surface, it leads me to believe its a fake sword. It wouldn't be worth anything to Japanese sword collectors. It might be suitable for iai practice. And just to clarify, the name on the sword is a completely random, modern Japanese name. Its not the name of a swordsmith.