A detailed report summarizing the results of a special questionnaire survey on corporate behavior conducted by the Development Bank of Japan, targeting large enterprises with a deadline of July 3, 2025.
This survey was conducted as part of the National Capital Investment Plan Survey (June 2025), comprehensively examining large enterprises' awareness of management environment, investment behavior, human investment, digitalization, and decarbonization initiatives.
The survey reveals that while many companies recognize price increases and labor shortages as major risks, there are changes in stance toward price pass-through and wage increases, and growing momentum for business-related initiatives such as business portfolio reviews aimed at stock price improvement.
In human investment, the survey details trends of companies viewing wage increases as human investment for talent acquisition, measures to address labor shortages through digital utilization, and the continuous rise in the proportion of human investment in broad-based investment with specific data.
In digitalization and R&D, the survey provides detailed analysis of the current state of digital investment that has continued at high levels since COVID, expanding AI utilization, progress in data analysis initiatives, challenges in data utilization, and high growth in R&D driven by decarbonization investment.
Regarding decarbonization initiatives, the survey analyzes corporate trends viewing price pass-through as the biggest challenge as initiatives become concrete, current efforts centered on energy saving and renewable energy, and attention to new energy technologies such as hydrogen and ammonia in the medium to long term.
The survey also details specific corporate response policies and awareness changes regarding the impact of US tariff strengthening, supply chain reviews, and changes in overseas investment strategies.
The article comprehensively reveals through quantitative and qualitative data the reality that large enterprises are diversifying investment strategies and adapting to structural changes while facing complex management challenges.