What is the most common type of capital investment?

The replacement of equipment (replacement, exchange, update) stands out at 59.0%.

What percentage of companies plan to make 'digital investments'?

Overall, it is 35.1%. However, while 51.3% of large companies plan to do so, only 31.4% of small and medium-sized enterprises do.

What is the main method of financing?

Self-funding is the highest at 58.3%, followed by borrowing from financial institutions at a total of 26.6%.

What is the main reason companies not planning capital investment cite?

50.2% of companies cite 'uncertainty about the future' as the reason.

FY 2026 Capital Investment Plans: 56.7% of Companies Have Plans, Decreasing for Three Consecutive Years Amid Uncertainty

Q: What is the percentage of companies planning capital investment for fiscal year 2026?

It is 56.7%. This is a decrease of 0.7 points from the previous year, marking the third consecutive year of decline.

Published May 22, 2026 7:00 PM ・ Updated Jul 17, 2026 5:42 PM ・ 4 min read ・ Source: PR TIMES

According to a Teikoku Databank survey, the percentage of companies planning capital investment for fiscal year 2026 fell to 56.7%, marking the third year of decline. External factors such as the unstable situation in the Middle East are dampening investment appetite, particularly among SMEs regarding digital transformation. Most planned investments are focused on replacing existing equipment.

Teikoku Databank, Ltd. conducted an annual survey on "Capital Investment" targeting 23,083 companies nationwide. This survey has been conducted every April since 2017, making this the 10th iteration.

Current Status of Capital Investment Plans For fiscal year 2026 (April 2026 to March 2027), 56.7% of companies responded that they have capital investment plans (including those already implemented, planned, or under consideration). This represents a 0.7-point decrease from the previous year's 57.4%, marking the third consecutive year of decline. Conversely, the average planned investment amount rose to 130.43 million yen, an increase of 6.14 million yen from the previous year.

By company size, 70.7% of large enterprises maintained their investment plans, while the rate for SMEs was 54.3% and only 42.0% for small businesses, continuing the trend where smaller companies show lower investment intent.

Investment Objectives and Background While some companies cited specific plans like building new factories or upgrading air conditioning systems, 50.2% of those without plans attributed their decision to an "unclear outlook." In particular, the worsening situation in the Middle East has increased uncertainty, causing many to postpone investment decisions.

Gap in Digital Investment In terms of investment content, "replacement of equipment" was the most prominent at 59.0%. While 35.1% of companies are considering "digital investment" (DX and AI-related), a gap exists between large enterprises (51.3%) and SMEs (31.4%). SMEs expressed concerns over whether they could achieve sufficient cost-effectiveness and highlighted the difficulty of taking the plunge with limited capital.

Funding Methods "Internal funds" remained the primary method of financing at 58.3%. Loans from financial institutions (long-term and short-term combined) accounted for 26.6%, while subsidies and grants stood at 6.2%. Internal funds and loans together comprise over 80% of total financing.

FACT BOX

Source: PR TIMES
Category: Survey

FY 2026 Capital Investment Plans: 56.7% of Companies Have Plans, Decreasing for Three Consecutive Years Amid Uncertainty

⚡ Key Points

Funding Methods "Internal funds" remained the primary method of financing at 58.3%. Loans from financial institutions (long-term and short-term combined) accounted for 26.6%, while subsidies and grants stood at 6.2%. Internal funds and loans together comprise over 80% of total financing.

FACT BOX

Editorial & Verification Standards

FAQ

Cite this article — HOW TO CITE

AI CRAWLER ACTIVITY