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Policy Research Institute

 

Business Outlook Survey 

(July-September 2006)

1.Business conditions

Businesssurvey index
(Difference of "up"-"down" compared with previous quarter)

(%)

 

 

Apr.-Jun.
2006 
(previous)

Jul.-Sept.
2006
(present)

Oct.-Dec.
2006
(outlook)

Jan.-Mar.
2007
(outlook)

Corporationswith capital of 1 billion yen or over
Allindustries

1.8

10.5 10.7 7.9
 Manufacturing

1.4

12.7 11.1 5.5
 Non-manufacturing

2.0

9.2 10.5 9.4
Corporationswith capital of 100 million to 1 billion yen
Allindustries

-1.5

3.2 9.4 3.6
 Manufacturing

-0.3

6.5 11.8 3.5
 Non-manufacturing

-1.9

2.1 8.6 3.6
Corporationswith capital of 10 to 100 million yen
Allindustries

-17.9

-12.4 -4.6 -9.1
 Manufacturing

-18.0

-7.4 -0.1 -4.1
 Non-manufacturing

-17.9

-13.5 -5.5 -10.2

 

2.Domestic economic conditions

Businesssurvey index
(Difference of "up"-"down" compared with previous quarter)

(%)

 

 

Apr.-Jun.
2006 
(previous)

Jul.-Sept.
2006
(present)

Oct.-Dec.
2006
(outlook)

Jan.-Mar.
2007
(outlook)

Corporationswith capital of 1 billion yen or over
Allindustries

18.8

18.6 14.3 9.0
 Manufacturing 15.9 17.1 12.0 5.6
 Non-manufacturing 20.5 19.5 15.6 11.0
Corporationswith capital of 100 million to 1 billion yen
Allindustries 19.1 16.3 15.1 8.4
 Manufacturing 19.0 13.7 11.4 6.5
 Non-manufacturing 19.2 17.2 16.3 9.0
Corporationswith capital of 10 to 100 million yen
Allindustries -3.1 -3.0 -1.5 -6.6
 Manufacturing -6.0 -1.7 -0.8 -3.0
 Non-manufacturing -2.5 -3.3 -1.7 -7.4

 

3.Sales(compared with the previous year)

(%)

 

FY 20061sthalf   FY 2006

2nd half   FY 2006

Allindustries 1.7 2.5 0.9
 Manufacturing 4.2 5.8 2.8
 Non-manufacturing 0.6 1.1 0.1

 

4.Ordinary profits (compared with the previous year)

(%)

 

FY 20061sthalf   FY 2006

2nd half   FY 2006

All industries 4.0 1.9 5.8
 Manufacturing 1.9 -1.2 4.6
 Non-manufacturing 5.5 4.2 6.7

              

5.Investment in plant andequipment (compared with the previous year)

(%)

 

FY 20061sthalf   FY 2006

2nd half   FY 2006

Allindustries 9.1 14.1 5.1
 Manufacturing 19.3 26.4 13.6
 Non-manufacturing 3.3 7.1 0.1

 

6.Employment

Businesssurvey index
(Difference of "insufficient"-"excessive" )

(%)

 

 

Apr.-Jun.
2006 
(previous)

Jul.-Sept.
2006
(present)

Oct.-Dec.
2006
(outlook)

Jan.-Mar.
2007
(outlook)

Corporationswith capital of 1 billion yen or over
Allindustries 12.7 14.0 13.0 11.8
 Manufacturing 6.8 8.5 7.4 6.5
 Non-manufacturing 16.1 17.2 16.3 14.9
Corporationswith capital of 100 million to 1 billion yen
Allindustries 19.2 19.8 17.3 15.4
 Manufacturing 13.5 15.7 12.4 8.0
 Non-manufacturing 20.9 21.2 18.9 17.7
Corporationswith capital of 10 to 100 million yen
Allindustries 12.1 13.4 12.3 9.1
 Manufacturing 11.2 7.1 8.4 4.9
 Non-manufacturing 12.3 14.8 13.1 10.0