Surfing Japanese webshop marutee's, I assumed that these rings were, you know, Japanese. But no! There's an M. Night Shyamalanian twist, minus the eyerolling! These dainty pieces are actually from would you have guessed it? Bali. Indonesian designers nanan break the stereotypical image of Bali silver, that of intricate details set against blackened metal (like this). The hand-modelled ball rings are ¥3,600; everything else is ¥3,500 (roughly US$30).
Bonus link: silver "Memoria" rings wrapped in colourful silk threads by London's Very Garcia, £65. View all their work for examples of nice, modern metalsmithing.