The cherry tree (sakura in Japanese) is one of the symbols of Japan. The yearly sakura viewing is a nationwide event with special forecasts on when the trees will bloom in each prefecture. Both fiscal and school year start in April to coincide with sakura blossoming.
Is making furniture or toys from sakura timber frowned upon in Japan?
It seems that the sakura also has religious connotations in Shinto and parts of the tree were treated as sacred objects. Wikipedia says:
Japanese pilots would paint them on the sides of their planes before embarking on a suicide mission, or even take branches of the trees with them on their missions.
Wikipedia mentions only Korea as having traditional sakura carpentry. I found Japanese companies using cherry wood in their products, but then again, there are also McDonald's in India. Perhaps their products are made for export.