Japanese companies cut spending on plant and equipment by 4.8 percent year-on-year in the fourth quarter of 2020 following a 10.6 percent decrease in the previous three-month period, amid the ongoing coronavirus crisis. Manufacturing companies' investment continued to fall (-8.5 percent vs -10.3 percent in Q3), particularly due to food (-29.2 percent vs -15.2 percent), transport equipment (-8.5 percent vs -12.9 percent), and electrical machinery, equipment and supplies (-23.8 percent vs -29.1 percent). In contrast, investment rose for chemicals and related products (22.4 percent vs -4.6 percent) and information and communication electronics equipment (6.4 percent vs 13.3 percent). Within non-manufacturing (-2.6 percent vs -10.8 percent), capital spending was down mainly for services (-10.1 percent vs -22.8 percent) and transport and postal activities (-15.1 percent vs -6.7 percent). source: Ministry of Finance, Japan
Private Investment in Japan averaged -0.66 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 May of 2021.
Private Investment in Japan is expected to be 2.90 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 3.40 in 12 months time. In the long-term, the Japan Capital Spending is projected to trend around 3.40 percent in 2022, according to our econometric models.