The Kumamoto Prefecture economy is recovering moderately. In production, semiconductor-related production is maintaining extremely high levels due to the TSMC expansion effect, with related capital investment also becoming active. In construction, high utilization continues with factory construction and related infrastructure development. Personal consumption shows department store and supermarket sales trending steadily with home appliance sales maintaining strong performance. In tourism, visitors from both domestic and international sources are increasing, with significant increases in visitors to Kumamoto Castle and the Aso region. The employment and income environment has improved significantly, with the effective job openings ratio remaining at high levels and wage pressure strengthening. Looking ahead, strong recovery is expected to continue as the effects of semiconductor-related investment spread throughout the prefectural economy.
Financial and Economic Overview of Kumamoto Prefecture (July 1, 2025) - The economy is recovering moderately
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