Market Monitor - Construction industry - Japan

Market Monitor

  • Japan
  • Construction

19th February 2015

Problems remain in the building sectors of most of the countries covered in this issue of the Market Monitor. Consequently, the outlook for the construction industry in 2015 remains muted.

Market performance at a glance

Japan

  • The general outlook for the Japanese construction sector is positive as the industry benefits from an increase in public works and credit easing measures by the government.
  • ¬†Construction insolvencies decreased 18% year-on-year in 2014 ¬†are expected to level off in 2015.
  • There was no increase in payment delays in 2014, and we expect no increase in 2015.
  • That said, construction businesses face some difficulties due to a lack of workforce, leading to higher labour costs.
  • Another issue is rising material prices due to the depreciation of the Yen.
  • Smaller construction businesses with weak financials could face some difficulties in 2015.

Related documents

Disclaimer, no warranties and exclusion of liability

Atradius disclaims any representations or warranties of any kind, whether expressed or implied, including but not limited to implied warranties of merchantability and fitness for a particular purpose of (INCLUDING BUT NOT LIMITED TO) any information contained on or provided via this Web Site and/or any service described or promoted on this Web Site, including warranties with respect to infringement of any patent, copyright, or other rights of third parties. Atradius shall not be liable for any injury, loss, damage or expense arising out of any access to or use of this Web Site or any site linked to or from this Web Site, including, without limitation, any loss of profit, indirect, incidental or consequential loss. Atradius furthermore shall not be liable for persons, property damage or especially direct, indirect, incidental, consequential, immediate or subsequent (pecuniary) loss. While Atradius has used reasonable efforts in maintaining a virus-free Web Site, it declines any liability for persons, property damage or especially direct, indirect, incidental, consequential, immediate or subsequent (pecuniary) loss which may result from transmission or downloading of computer viruses. Atradius cannot be held liable for hardware damage, loss of data, alteration of data, or downtime.