In the left chart, figures through fiscal 2018 are actual results. Figures for fiscal 2019 are forecasts from the September 2019 survey. Notes: 2. In the middle chart, figures are for firms with capital of 1 billion yen or more on a consolidated basis.
Figures for fiscal 2019 are based on BOJ staff calculations adjusted for average changes from planned to actual expenditure for fiscal 2012-2018. Notes: 3. In the right chart, figures are the estimated construction costs of private nonresidential buildings. Sources: Development Bank of Japan; Ministry of Land, Infrastructure, Transport and Tourism; Bank of Japan. 6  Chart 7  I.