Only 7.7% of Companies Predict Economic Recovery in 2025: Survey Results

Teikoku Databank Co., Ltd. announced the results of a survey on companies' attitudes toward the economic outlook for 2025 on the 25th. The survey, conducted nationwide with 26,880 companies, received 10,939 valid responses (response rate: 40.7%) during the period from November 18 to 30.

Regarding the economic outlook for FY25, only 7.7% of respondents predicted a "recovery" phase (down 5.1 points from the previous year), while 41.7% foresaw a "pause" phase (down 0.4 points from the previous year), indicating a decline from the FY24 outlook. Conversely, the percentage of respondents anticipating "deterioration" rose to 23.9% (up 3.6 points from the previous year).

When asked about economic concerns, 46.2% of respondents cited the "(increase) in crude oil and material prices," a decrease of 12.8 points from the previous year. This was followed by "labor shortage" at 41.6% (up 1.1 points from the previous year) and "inflation" at 31.5% (up 4.8 points from the previous year). Notably, concerns about "interest rates (rising)" (24.1%, up 6.3 points from the previous year) and "the U.S. economy" (17.1%, up 11.2 points from the previous year) saw significant increases.

Regarding policies necessary for future economic recovery, "resolving the labor shortage" (40.5%, down 0.2 points from the previous year) remained the top priority. Additionally, "tax cuts for individuals" (39.6%, up 6.5 points from the previous year) and "expansion of support measures for small and medium-sized enterprises" (35.8%, up 1 point from the previous year) were highlighted.

Real Estate Distribution Research Institute Co., Ltd. "R.E.port"

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