February 2025 Press Conference by CEMA Chairman (the 67th)

CEMA publishes its demand forecast in February and August every year, including the shipment value of construction equipment.
Here is a summary of the Chairman’s regular Press Conference held on February 18, where the latest forecast was explained.

Venue

Keidanren Kaikan Hall (5th floor)

Attended by

27 Members of the press

Contents

• For FY24, with a decline in both domestic and export demand, the full-year shipment value is expected to be JPY 2,969.0 billion (down 11% year-on-year), marking the first decline in four years.
• For FY25, despite the transition to a gradual recovery from the second half (2H) of the fiscal year, both domestic and export demand are expected to remain flat from the previous year, and the full-year shipment value is expected to be JPY 2,971.4 billion (unchanged year-on-year).

See the details below.