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Policy Research Institute

 

Business Outlook Survey 

(October-December 2006)

1.Business conditions

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

(percent point)

 

 

 Jul.-Sept.
2006
(previous)

Oct.-Dec.
2006
(present)

Jan.-Mar.
2007
(outlook)

Apr.-Jun.
2007
(outlook)

Corporationswith capital of 1 billion yen or over
Allindustry 10.5 6.4 7.8 4.5
 Manufacturing 12.7 7.1 5.8 3.3
 Non-manufacturing 9.2 6.0 8.9 5.3
Corporationswith capital of 100 million to 1 billion yen
Allindustry 3.2 7.3 3.0 2.2
 Manufacturing 6.5 12.1 4.2 3.2
 Non-manufacturing 2.1 5.7 2.6 1.9
Corporationswith capital of 10 to 100 million yen
Allindustry -12.4 -7.8 -15.0 -6.3
 Manufacturing -7.4 -4.0 -15.9 -7.0
 Non-manufacturing -13.5 -8.6 -14.8 -6.1

 

2.Domestic economic conditions

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

(percent point)

 

 

 Jul.-Sept.
2006
(previous)

Oct.-Dec.
2006
(present)

Jan.-Mar.
2007
(outlook)

Apr.-Jun.
2007
(outlook)

Corporationswith capital of 1 billion yen or over
Allindustry 18.6 13.0 7.6 6.6
 Manufacturing 17.1 9.0 3.5 3.9
 Non-manufacturing 19.5 15.4 10.1 8.1
Corporationswith capital of 100 million to 1 billion yen
Allindustry 16.3 15.0 6.5 5.2
 Manufacturing 13.7 14.9 2.3 3.2
 Non-manufacturing 17.2 15.0 7.8 5.8
Corporationswith capital of 10 to 100 million yen
Allindustry -3.0 -2.5 -9.6 -5.6
 Manufacturing -1.7 -0.4 -13.1 -6.7
 Non-manufacturing -3.3 -2.9 -8.9 -5.4

 

3.Sales(compared with the previous year)

(percent)

 

  FY 2006

2nd half   FY 2006

Allindustry 2.2 0.9
 Manufacturing 5.2 3.5
 Non-manufacturing 0.8 -0.2

 

4.Ordinary profits (compared with the previous year)

(percent)

 

  FY 2006

2nd half   FY 2006

Allindustry 3.6 -1.0
 Manufacturing 6.4 0.0
 Non-manufacturing 1.7 -1.7

              

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

(percent)

 

  FY 2006

2nd half   FY 2006

Allindustry 8.6 7.9
 Manufacturing 16.8 17.0
 Non-manufacturing 4.2 3.0

 

6.Employment

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

(percent point)

 

 

 Jul.-Sept.
2006
(previous)

Oct.-Dec.
2006
(present)

Jan.-Mar.
2007
(outlook)

Apr.-Jun.
2007
(outlook)

Corporationswith capital of 1 billion yen or over
Allindustry 14.0 16.9 14.6 9.6
 Manufacturing 8.5 9.4 7.8 4.3
 Non-manufacturing 17.2 21.3 18.6 12.7
Corporationswith capital of 100 million to 1 billion yen
Allindustry 19.8 22.5 18.9 13.3
 Manufacturing 15.7 16.8 12.6 9.0
 Non-manufacturing 21.2 24.4 20.9 14.6
Corporationswith capital of 10 to 100 million yen
Allindustry 13.4 17.5 12.4 7.6
 Manufacturing 7.1 14.2 8.2 1.8
 Non-manufacturing 14.8 18.2 13.2 8.8