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Policy Research Institute

 

Business Outlook Survey 

(April-June 2007)

Jun.20,2007

1.Business conditions

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

(%)

 

 

 Jan.-Mar.
2007
(previous)

Apr .-Jun.
2007
(present)

Jul.-Sep.
2007
(outlook)

Oct.-Dec.
2007
(outlook)

Corporationswith capital of 1 billion yen or over
Allindustries 6.2 -0.9 12.0 11.5
 Manufacturing 0.1 -2.2 14.5 13.8
 Non-manufacturing 9.8 -0.2 10.6 10.2
Corporationswith capital of 100 million to 1 billion yen
Allindustries -3.1 -5.1 5.5 10.6
 Manufacturing -8.9 -1.1 9.3 16.5
 Non-manufacturing -1.2 -6.4 4.2 8.7
Corporationswith capital of 10 to 100 million yen
Allindustries -16.7 -25.1 -12.9 -5.4
 Manufacturing -22.5 -27.6 -11.0 -2.1
 Non-manufacturing -15.5 -24.6 -13.3 -6.1

 

2.Domestic economic conditions

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

(%)

 

 

 Jan.-Mar.
2007
(previous)

Apr.-Jun.
2007
(present)

Jul.-Sep.
2007
(outlook)

Oct.-Dec.
2007
(outlook)

Corporationswith capital of 1 billion yen or over
Allindustries 13.4 9.9 11.5 11.3
 Manufacturing 5.9 7.1 10.1 9.0
 Non-manufacturing 17.9 11.5 12.4 12.6
Corporationswith capital of 100 million to 1 billion yen
Allindustries 6.6 8.7 8.4 7.5
 Manufacturing 0.8 8.4 8.1 10.1
 Non-manufacturing 8.5 8.7 8.4 6.7
Corporationswith capital of 10 to 100 million yen
Allindustries -9.8 -16.0 -12.4 -7.8
 Manufacturing -16.6 -17.8 -9.4 -6.2
 Non-manufacturing -8.4 -15.6 -13.1 -8.2

 

3.Sales(compared with the previous year)

(%)

 

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FY 20071sthalf   FY 2007

2nd half   FY 2007

Allindustries2.2 2.3 2.2
 Manufacturing3.2 3.4 2.9
 Non-manufacturing1.8 1.7 1.8

 

4.Ordinary profits (compared with the previous year)

(%)

 

FY 20071sthalf   FY 2007

2nd half   FY 2007

All industries 4.5 -1.7 10.1
 Manufacturing 2.2 -4.2 8.2
 Non-manufacturing 6.3 0.2 11.5

              

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

(%)

 

FY 20071sthalf   FY 2007

2nd half   FY 2007

Allindustries 3.3 8.1 -1.0
 Manufacturing 6.2 11.9 1.2
 Non-manufacturing 1.5 5.8 -2.3

 

6.Employment

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

(%)

 

 

 Jan.-Mar.
2007
(previous)

Apr.-Jun.
2007
(present)

Jul.-Sep.
2007
(outlook)

Oct.-Dec.
2007
(outlook)

Corporationswith capital of 1 billion yen or over
Allindustries 18.6 15.3 13.6 13.2
 Manufacturing 9.7 8.1 7.4 7.3
 Non-manufacturing 23.9 19.5 17.2 16.6
Corporationswith capital of 100 million to 1 billion yen
Allindustries 21.6 19.9 18.2 18.0
 Manufacturing 11.7 11.7 11.9 10.3
 Non-manufacturing 24.8 22.5 20.2 20.5
Corporationswith capital of 10 to 100 million yen
Allindustries 14.7 11.9 11.0 12.0
 Manufacturing 10.2 9.4 9.6 11.3
 Non-manufacturing 15.7 12.4 11.3 12.2