AI Data Insight
In 2025, the contribution of Japanese private corporate inventory to real GDP rebounded significantly from the previous value of -0.1% to 0.3%, turning positive for the first time in three years and boosting overall economic data. However, considering the slow recovery of domestic consumption and hindered export momentum, this wave of inventory increase may stem from "passive restocking" due to lower-than-expected sales, potentially creating destocking pressure on manufacturing production in the first half of 2026.