Japanese companies increased capital spending on plant and equipment by 8.1% year-on-year in the third quarter of 2024, accelerating from a 7.4% rise in the second quarter. This marks the 14th consecutive quarter of growth and exceeds market expectations, which had forecasted a 7.1% increase. The sectors driving the rise in capital spending included general-purpose machinery (up 61.8%), petroleum and coal products (up 56.5%), and transport and postal activities (up 32.7%). On the other hand, industries that reduced capital spending included fabricated metal products (down 20.3%), information and communication (down 10.5%), and goods rental and leasing (down 8.5%). source: Ministry of Finance, Japan

Private Investment in Japan increased to 8.10 percent in the third quarter of 2024 from 7.40 percent in the second quarter of 2024. Private Investment in Japan averaged 0.81 percent from 2008 until 2024, reaching an all time high of 16.40 percent in the fourth quarter of 2023 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 January of 2025.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-09-01 11:50 PM
Capital Spending YoY
Q2 7.4% 6.8% 9.9% 9.1%
2024-12-01 11:50 PM
Capital Spending YoY
Q3 8.1% 7.4% 7.1% 6.0%
2025-03-03 11:50 PM
Capital Spending YoY
Q4 8.1% 5.0%


Related Last Previous Unit Reference
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Tankan Large Manufacturers Index 14.00 13.00 points Dec 2024
BSI Large Manufacturing 6.30 4.50 percent Dec 2024
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Car Production 707376.00 656576.00 Units Oct 2024
Car Registrations 184638.00 222424.00 Units Dec 2024
Cement Production 4104.00 4088.00 Thousands of Tonnes Nov 2024
Changes in Inventories 1410.70 592.30 JPY Billion Sep 2024
Coincident Index 115.30 116.80 points Nov 2024
Composite Leading Indicator 100.06 100.07 points Nov 2024
Corporate Profits 23012.36 35767.99 JPY Billion Sep 2024
Corruption Index 73.00 73.00 Points Dec 2023
Corruption Rank 16.00 18.00 Dec 2023
Eco Watchers Survey Current 49.40 47.50 points Nov 2024
Eco Watchers Survey Outlook 49.40 48.30 points Nov 2024
Industrial Production YoY Prel -2.80 1.40 percent Nov 2024
Industrial Production MoM Prel -2.30 2.80 percent Nov 2024
Leading Economic Index 107.00 109.10 Points Nov 2024
Machine Tool Orders YoY 119336.00 122419.00 JPY Million Nov 2024
Machinery Orders MoM 2.10 -0.70 percent Oct 2024
Manufacturing Production -2.90 1.40 percent Nov 2024
Mining Production -7.30 -2.40 percent Nov 2024
New Orders 1180.89 971.19 JPY Billion Oct 2024
Capital Spending YoY 8.10 7.40 percent Sep 2024
Reuters Tankan Index -1.00 5.00 points Dec 2024
Tankan Small Manufacturers Index 1.00 0.00 points Dec 2024
Steel Production 6900.00 6900.00 Thousand Tonnes Nov 2024
Tankan Large All Industry Capex 11.30 10.60 percent Dec 2024
Tankan Large Manufacturing Outlook 13.00 14.00 points Dec 2024
Tankan Non-Manufacturing Outlook 28.00 28.00 points Dec 2024
Tertiary Industry Index MoM 102.30 102.00 points Oct 2024

Japan Capital Spending
Capital Spending in Japan refers to a year-on-year change in capital investments of private profit-making corporations with capital of 10 million yen or over. The survey includes all industries except finance and insurance.
Actual Previous Highest Lowest Dates Unit Frequency
8.10 7.40 16.40 -25.33 2008 - 2024 percent Quarterly


News Stream
Japan Capital Spending Rises 8.1% in Q3
Japanese companies increased capital spending on plant and equipment by 8.1% year-on-year in the third quarter of 2024, accelerating from a 7.4% rise in the second quarter. This marks the 14th consecutive quarter of growth and exceeds market expectations, which had forecasted a 7.1% increase. The sectors driving the rise in capital spending included general-purpose machinery (up 61.8%), petroleum and coal products (up 56.5%), and transport and postal activities (up 32.7%). On the other hand, industries that reduced capital spending included fabricated metal products (down 20.3%), information and communication (down 10.5%), and goods rental and leasing (down 8.5%).
2024-12-02
Japan Capital Spending Rises 7.4% in Q2
Japanese companies increased spending on plant and equipment by 7.4% year-on-year in the second quarter of 2024, accelerating from a 6.8% rise in the first quarter and remaining positive for the thirteenth consecutive quarter. However, the latest figure missed market expectations for a 9.9% gain. Industries that contributed most to the gain in capital spending were production, transmission & distribution of electricity (31.9%), real estate (23.7%) and transportation equipment (20.6%). Meanwhile, industries that reduced capital spending include fabricated metal products (-25.1%), production machinery (-15.6%) and wholesale & retail trade (-8.9%).
2024-09-02
Japan Capital Spending Rises 6.8% in Q1
Japanese companies increased spending on plant and equipment by 6.8% year-on-year in the first quarter of 2024, rising for the twelfth consecutive quarter but slowing from a 16.4% gain in the fourth quarter of 2023. The latest figure also missed market expectations for a 12.2% growth. Industries that contributed most to the gain in capital spending were general-purpose machinery (95.1%), food (26.5%), fabricated metal products (26.1%), transportation equipment (25.7%) and goods rental & leasing (19.2%). Meanwhile, the information & communications sector reduced capital spending by 10.4%.
2024-06-03