Industry experience
Japan industry temperatures
A selected snapshot of how the economic climate differs across industries in Japan.
Semiconductors and electronicsHighestMost watched
Hot · AI demand prompted a large upgrade to the annual semiconductor-equipment sales forecast while large-manufacturer sentiment improved, making semiconductors and electronics the hottest listed industry.
Real estateMost watched
Warm · Tokyo-area new-condominium prices reached a record in July, with especially sharp gains in Tokyo's 23 wards, leaving real estate hot and intensifying household affordability pressure.
Inbound tourismMost watched
Comfortable · July inbound arrivals reached 3.4421 million, a record for the month, but softer new hiring in related industries kept inbound tourism active without pushing it into an overheated range.
ConstructionLowest
Cool · Housing starts rebounded year over year, but labor shortages, material costs, and business-failure pressure continued to squeeze margins, making construction the coldest listed industry.
Industry temperatures use the same temperature scale, but they are independent snapshots and do not determine the national temperature.