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


  • 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


The statements made herein are provided solely for general informational purposes and should not be relied upon for any purpose. Please refer to the actual policy or the relevant product or services agreement for the governing terms. Nothing herein should be construed to create any right, obligation, advice or responsibility on the part of Atradius, including any obligation to conduct due diligence of buyers or on your behalf. If Atradius does conduct due diligence on any buyer it is for its own underwriting purposes and not for the benefit of the insured or any other person. Additionally, in no event shall Atradius and its related, affiliated and subsidiary companies be liable for any direct, indirect, special, incidental, or consequential damages arising out of the use of the statements made information herein.