The Japanese construction industry was severely impacted by the Coronavirus (COVID-19) pandemic and the subsequent implementation of state-of-emergency measures, resulting in a 7% decline in real terms in 2020. In the first two quarters of this year, the industry has remained weak, with construction value falling by 15.5% quarter on quarter (QoQ). While construction value grew by 1.5% year on year (YoY) in Q2 2021, this was primarily due to the low base set in Q2 2020. The government plans to develop 10GW of offshore wind capacity by Fiscal Year (FY) 2030/2031, in line with its target to increase the share of renewable energy in its total power mix to 22-24% by 2030. This will attract public and private sector investment towards the renewable energy projects. The output of the industrial sector will be strengthened by increased investments in manufacturing and non-manufacturing industries, as a result of the government’s focus on improving supply chain resilience and reducing dependence on China.
A
ACT, Asaka Industrial, Aso Cement
B
C
D
Daidohant, Dailove, Daiwa House Industry, DC, DIC
E
Endo Lighting, Express Highway Research Foundation
F
G
H
I
Inabata & Co., Itogumi Construction
J
Housing in Japan, Japan Association of Surveyors, Japan Cement Association, Japan Concrete Institute, Japan Construction Information Center, Japan Construction Occupational Safety and Health Organization, Japan Embedded Systems Technology Association, Japan Federation of Housing Organizations, Japan Landscape Contractors Association, Japanese Society of Steel Construction, The Japan Welding Engineering Society
K
Kajima Road, Kawada Industries, Kozo Keikaku Engineering, KMEW, Koizumi Lighting Technology, Kumagai Gumi
L
M
Maeda, Metaco, Ministry of Land,Infrastructure,Transport and Tourism, Mitsubishi Estate, Mitsubishi Materials Natural Resources Development, Mitsui Fudosan
N
Nagase Integrex, Naniwa, Nichie Intec, Nichiha, Niinuma, Nippon Road, Nippon Systemware, Nishimatsu Construction, Nittai Kogyo, Nittoc Construction, NMB Splice Sleeve Systems, NTT Facilities
O
Obayashi, Okumuragumi, Organo, Overseas Construction Association of Japan
P
R
Research Institute of Construction and Economy
S
Sakase Adtech, San-Esu Gypsum, Sangetsu, Sanwa Kizai, Sanwa Shutter Corporation, Sasaki Industrial, Sato Kogyo, Seiki, Seiki Screen Systems, Seiwa, Sekisui House, Seven Ashiba, Shimizu, Shinwa Rules, Shinryo, Suido Kiko Kaisha, Sumitomo Bakelite, Sumitomo Osaka Cement, Suntech, Super Industries
T
Taihei Dengyo Kaisha, Taisei, Takara Standard, Takashima & Co., Takenaka, Three S, Tokai EC, Tokai Kogyo, Token, Tokuyama, Toppan, Toryohochi Shinbusha, Toto, Toyox, Tsuchiya Gumi, Tsukishima Kikai
U
W
Wetmaster, Woody, West Canada Homes, World Kaihatsu Kogyo
Y
Yamagiwa, Yamazen, Yoshino Gypsum