First off a warning. This is TOHOKU-inn, not TOYOKO-inn. The building is exactly the same as Toyoko Inn, and the sign is virtually identical, except they switched one character. The building exterior is the same as Toyoko Inn and the interior as well. So you know what to expect.
This is 5 years ago, ownership changed from Toyoko inn to Tohoku Inn. It has the same exact room lay out with basic amenities, and free breakfast. The breakfast however is slightly better than Toyoko Inns. The location is about a 3 minute walk from Furukawa Station, take the front exit not the south one. The only down side is that the staff didnt really know much about the area, so dont count on them for local recommendations. Other wise a nice, clean, quiet, but very basic, hotel.