Japanese companies raised spending on plant and equipment by 0.1 percent year-on-year in the first quarter of 2020, compared with a preliminary figure of a 4.3 percent growth and after a 3.5 percent fall in the prior period. Manufacturing companies' investment continued to fall (-5.3 percent vs -9.0 percent in Q4), particularly due to fabricated metal products (-7.6 percent vs -14.0 percent), production machinery (-2.4 percent vs -3.0 percent), and information & communication (-8.4 percent vs -45.8 percent), while there were rises in investment in iron & steel (0.3 percent vs -6.0 percent) and business-oriented machinery (26.7 percent vs 54.5 percent). Meantime, non-manufacturing investment rebounded (2.9 percent vs -0.1 percent), driven by construction (6.4 percent vs -1.9 percent), real estate (28.2 percent vs -22.8 percent), and production, transmission, and distribution of electricity (0.5 percent vs -27.5 percent).
Private Investment in Japan averaged -0.14 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 August of 2020. source: Ministry of Finance, Japan
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.