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Research Report

No.67 (September 2016) Survey on Planned Capital Spending for Fisical Years 2015,2016 and 2017(Conducted in June 2016)

Publication of 2016 Survey on Planned Capital Spending

Development Bank of Japan Inc.(“DBJ”: President & CEO Masanori Yanagi) is pleased to announce the publication of a survey on planned capital spending for fiscal years 2015, 2016 and 2017 titled “Fifth straight year of increase driven by enhancement of business infrastructure including for new products: Investment also continues for improvement of urban functions”.

According to the survey, planned domestic capital spending of major firms for FY2016 in industry as a whole shows an increase (up 10.9%), with investment rising in both manufacturing and non-manufacturing, sustaining a rising trend for the fourth straight year.

Domestic capital spending in FY2016 may be characterized as follows.

1.In the manufacturing sector, the increase in planned capital spending is driven by investment for new models in transport equipment and investment in the development of business infrastructure, including for new materials in chemicals and for facility replacement/consolidation in iron & steel. 
2.In the non-manufacturing sector, planned capital spending is led by transportation and real estate for security, disaster prevention and the enhancement of urban functions in the run-up to the Tokyo Olympics/Paralympics, as well as railways for infrastructure development.

For more details on the survey visit:

Please note that no information regarding individual firms will be provided by DBJ as this survey is conducted under conditions of confidentiality.

DBJ’s reports are one means by which it fulfills its corporate philosophy.
Applying financial expertise to design the future: We apply creative financing to resolve client issues as we work to earn the trust of our clients and help them achieve their future prosperity.

Development Bank of Japan Inc.
Economic & Industrial Research Department
Email: capex@dbj.jp


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