Japan-Economy/Growth Forecast

Japan lowers 2025 growth forecast to 0.7 percent

  • English
  • 日本語

Shotlist


FILE: Tokyo, Japan - 2024 (CCTV - No access Chinese mainland)
1. Various of cityscape

FILE: Tokyo, Japan - 2024 (CGTN - No access Chinese mainland)
2. Various of National Diet building, national flag

Tokyo, Japan - July 23, 2025 (CCTV - No access Chinese mainland)
3. Various of traffic, pedestrians

FILE: Tokyo, Japan - Date Unknown (CCTV - No access Chinese mainland)
4. Various of port scene; ships
5. Various of trucks, vehicles at port

FILE: Washington D.C., USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
6. Various of White House
7. Various of Capitol Hill, U.S. national flag

FILE: Los Angeles, USA - Date Unknown (CCTV - No access Chinese mainland)
8. Various of Port of Los Angeles

Storyline


Japan on Thursday lowered its official forecast for real GDP growth in fiscal 2025 to 0.7 percent, from the 1.2 percent projected in the beginning of the year, citing newly imposed U.S. "reciprocal" tariffs as a key drag on the economy.

The Cabinet Office deemed factors like persistent inflation and Washington's tariff policy contributed to the downside risks of the Japanese economy.

The Japanese government adjusted its export growth forecast from 3.6 percent to 1.2 percent, due to tariff impacts to Japan's auto industry and other major sectors.

Capital spending by enterprises is now estimated to expand 1.8 percent, down from the previously forecast 3 percent, given that enterprises are cautious about expenditures on production capacity expansion under tariff influences.

The United States' sweeping new tariffs took effect on a broad range of trade partners including Japan on Thursday.

Automaker Toyota's latest financial statement said that the U.S. levies and a stronger yen will cut its fiscal 2025 net profit by about 44 percent to 2.66 trillion yen (about 17.4 billion in U.S. dollars).

Kyodo News calculated that Toyota, Honda and other Japanese automakers together stand to lose roughly 2.67 trillion yen in operating profit this year because of the U.S. tariffs.

DOWNLOAD
  • ID : 8440028
  • Dateline : Aug 7, 2025/Recent/File
  • Location : Japan
  • Category : Data ,Trade
  • Duration : 1'15
  • Audio Language : Nats
  • Source : CCTV Video News Agency,China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : No access Chinese mainland
  • Published : 2025-08-08 16:10
  • Last Modified : 2025-08-08 21:25:51
  • Version : 1
  • ID : 8440028
  • Dateline : 2025年8月7日/最近/資料
  • Category : Data ,Trade
  • Duration : 1'15
  • Audio Language : 自然音声
  • Source : China Central Television (CCTV)
  • Restrictions : 中国大陸での使用は不可
  • Published : 2025-08-08 21:19
  • Last Modified : 2025-08-08 21:25:51
  • Version : 1

Japan-Economy/Growth Forecast

Japan lowers 2025 growth forecast to 0.7 percent

Dateline : Aug 7, 2025/Recent/File

Location : Japan

Duration : 1'15

  • English
  • 日本語


FILE: Tokyo, Japan - 2024 (CCTV - No access Chinese mainland)
1. Various of cityscape

FILE: Tokyo, Japan - 2024 (CGTN - No access Chinese mainland)
2. Various of National Diet building, national flag

Tokyo, Japan - July 23, 2025 (CCTV - No access Chinese mainland)
3. Various of traffic, pedestrians

FILE: Tokyo, Japan - Date Unknown (CCTV - No access Chinese mainland)
4. Various of port scene; ships
5. Various of trucks, vehicles at port

FILE: Washington D.C., USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
6. Various of White House
7. Various of Capitol Hill, U.S. national flag

FILE: Los Angeles, USA - Date Unknown (CCTV - No access Chinese mainland)
8. Various of Port of Los Angeles


Japan on Thursday lowered its official forecast for real GDP growth in fiscal 2025 to 0.7 percent, from the 1.2 percent projected in the beginning of the year, citing newly imposed U.S. "reciprocal" tariffs as a key drag on the economy.

The Cabinet Office deemed factors like persistent inflation and Washington's tariff policy contributed to the downside risks of the Japanese economy.

The Japanese government adjusted its export growth forecast from 3.6 percent to 1.2 percent, due to tariff impacts to Japan's auto industry and other major sectors.

Capital spending by enterprises is now estimated to expand 1.8 percent, down from the previously forecast 3 percent, given that enterprises are cautious about expenditures on production capacity expansion under tariff influences.

The United States' sweeping new tariffs took effect on a broad range of trade partners including Japan on Thursday.

Automaker Toyota's latest financial statement said that the U.S. levies and a stronger yen will cut its fiscal 2025 net profit by about 44 percent to 2.66 trillion yen (about 17.4 billion in U.S. dollars).

Kyodo News calculated that Toyota, Honda and other Japanese automakers together stand to lose roughly 2.67 trillion yen in operating profit this year because of the U.S. tariffs.

ID : 8440028

Published : 2025-08-08 16:10

Last Modified : 2025-08-08 21:25:51

Source : CCTV Video News Agency,China Central Television (CCTV),China Global Television Network (CGTN)

Restrictions : No access Chinese mainland

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