Japanese companies cut spending on plant and equipment by 7.8% yoy in Q1 2021, following a 4.8 percent decrease in Q4 2020. This was the fourth straight quarter of drop in private investment, amid the ongoing COVID-19 crisis. Manufacturing companies' investment continued to fall (-6.4% vs -8.5% in Q4), particularly due to food (-6.6% vs -10.7%), petroleum products (-24.1% vs 28.8%), iron & steel (-16.1% vs -4.7%), fabricated metal products (-20.7% vs -37.7%), production machinery (-9.1% vs -14.1%), and transport equipment (-25.6% vs -8.5%). In contrast, investment rose for chemicals products (1.7% vs 22.4%) and information and communication (9.3% percent vs 6.4%). Within non-manufacturing (-2.6 percent vs -10.8 percent), capital spending was down mainly for construction (-7.6% vs 24.5%), real estate (-41.5% vs -4.5%), goods rental & leasing (-24% vs -22%), transport (-16.4% vs -15.1%), and services (-6.2% vs -10.1%). source: Ministry of Finance, Japan
Private Investment in Japan averaged -0.80 percent from 2008 until 2021, 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 June of 2021.
Private Investment in Japan is expected to be 8.50 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 2.10 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.