It's a really nice place, feels too good for that low price (it's so cheap o.o). The place is clean, modern and has all the amenities that you will need, including a cozy shared space where you can eat your noodles. And let's address the “noise”....
In short, the hostel has become a cheap one for foreigners without Japanese standards of service. Don't get me wrong, I have been to Japan many times, and stayed in many of this level of hostels across the whole country.