Japanese companies cut spending on plant and equipment by a sharp 11.3 percent year-on-year in the second quarter of 2020 following a 0.1 percent increase in the previous quarter, as the pandemic weighed heavily. Manufacturing companies' investment continued to fall (-9.7 percent vs -5.3 percent in Q1), particularly due to fabricated metal products (-31.5 percent vs -7.6 percent), production machinery (-19.5 percent vs -2.4 percent), business-oriented machinery (-13.3 percent vs 26.7 percent), and transportation equipment (-6.6 percent vs -12.2 percent). In contrast, investment rebounded for information & communication equipment (11 percent vs -8.4 percent). Within non-manufacturing, capital spending softened in construction (3.3 percent vs 6.4 percent) and real estate (10.7 percent vs 28.2 percent). source: Ministry of Finance, Japan
Private Investment in Japan averaged -0.46 percent from 2008 until 2020, reaching an all time high of 12.80 percent in the second quarter of 2018 and a record low of -25.33 percent in the first quarter of 2009. This page provides - Japan Private Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Capital Spending - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Private Investment in Japan is expected to be -3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Investment in Japan to stand at 2.90 in 12 months time. In the long-term, the Japan Capital Spending is projected to trend around 3.40 percent in 2021, according to our econometric models.