The construction industry as a whole has been shrinking since recording earnings of over 80 trillion yen in the 90s. In a society with a declining population, the expectation is that the number of new construction projects will decrease for both the public and private sectors. Due to this, the competition to win more projects will begin to intensify. In recent years, there are also other issues arising within the industry such as securing human resources and handing over technology.

However, the demand for the rebuilding of existing infrastructure such as buildings and roads built during the 1960’s “construction boom” and urban redevelopment will continue to remain stable. Incidentally, the expectation is that there will be a rise in the demand for commercial facilities that target tourists visiting Japan. Also, companies that can improve their work efficiency by introducing ICT and cloud computing and can actively engage in overseas construction will continue to develop.

Here at RSM Shiodome Partners, we have extensive experience working with the construction (infrastructure) industry, and we are here to assist you in managing your business.

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