Economic Analysis 2025

Impact of Partial Suspension of Reciprocal Tariffs on Japanese economy

Tariffs on China to increase significantly, but the extent of downward pressure on real GDP for Japan will be limited to a maximum of 0.6%

Maximum Impact of Reciprocal Tariffs on Japan's Real GDP Estimated at -1.8%

The reciprocal tariff rate for Japan is unexpectedly high at 24%

What is Needed to Improve Productivity in Non-Manufacturing: A Key to Regional Revitalization?

A combination of tailored support measures based on industry-specific challenges is crucial

Will Japan’s Economy Gain a “Fisherman’s Benefit” from Trump's Tariffs?

Even if tariffs are widespread, negative impact will be mitigated by capturing substitute demand

Estimated Impact of “Trump 2.0” on the Global Economy

Maximum impact on US real GDP growth expected to be -1.2%pt per year

Boosting Japan's Supply Capacity

Continuous Efforts to Raise Labor Productivity While Leveraging Domestic and Foreign Workforce

December 2024 Machinery Orders

Private-sector demand (excluding ships and electric power) declines for the first time in three months due to major decline in manufacturing

Japanese Corporate Behavior Reaching a Turning Point to Emphasize Domestic Investment

Overseas expansion has slowed down, and policy support for domestic investment has become important.