Japanese companies cut spending on plant and equipment by 3.5 percent year-on-year in the fourth quarter of 2019, following a 7.1 percent rise in the previous three-month period and missing market expectations of a 1.6 percent gain. It was the steepest decline in corporate capital spending since the first quarter of 2013, as investment of manufacturing firms plunged 9.0 percent (vs 6.4 percent in Q3), led by information & communication electronics equipment, transport equipment, chemical & allied products, production machinery, fabricated metal products, and iron & steel. Also, investment of non-manufacturing companies edged down 0.1 percent (vs 7.6 percent in Q3) due to real estate, goods rental & leasing, and production, transmission & distribution of electricity.
Private Investment in Japan averaged -0.23 percent from 2008 until 2019, 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 2020. source: Ministry of Finance, Japan
Private Investment in Japan is expected to be 5.10 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.