Business Outlook Survey

(April-June 2019)

Jun.13, 2019

1. Business conditions

Business survey index

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

 
(%points)
  Jan.-Mar.
2019
(previous)
 Apr.-Jun.
2019
(present)
 Jul.-Sep.
2019
(outlook)
 Oct.-Dec.
2019
(outlook)
Corporations with capital of 1 billion yen or over
 All industries-1.7-3.76.70.4
Manufacturing-7.3-10.47.25.5
Non-manufacturing1.0-0.46.5-2.1
Corporations with capital of 100 million to 1 billion yen
 All industries-3.8-5.35.6-1.7
Corporations with capital of 10 to 100 million yen
 All industries-11.7-15.0-5.2-8.1

2. Domestic economic conditions

Business survey index

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

 
(%points)
  Jan.-Mar.
2019
(previous)
 Apr.-Jun.
2019
(present)
 Jul.-Sep.
2019
(outlook)
 Oct.-Dec.
2019
(outlook)
Corporations with capital of 1 billion yen or over
 All industries-1.9-3.64.5-11.0
Manufacturing-6.3-8.63.8-6.1
Non-manufacturing0.2-1.14.9-13.4
Corporations with capital of 100 million to 1 billion yen
 All industries-4.9-8.80.4-20.9
Corporations with capital of 10 to 100 million yen
 All industries-13.6-20.1-11.6-22.0

3. Employment

Business survey index

(Difference of "insufficient"-"excessive")

 
(%points)
 End of Mar.
2019
(previous)
End of Jun.
2019
(present)
End of Sep.
2019
(outlook)
End of Dec.
2019
(outlook)
Corporations with capital of 1 billion yen or over
 All industries22.121.118.617.4
Manufacturing15.314.912.412.1
Non-manufacturing25.524.221.620.0
Corporations with capital of 100 million to 1 billion yen
 All industries34.634.030.727.4
Corporations with capital of 10 to 100 million yen
 All industries29.930.828.126.3

4. Sales (compared with the previous year)

 
(%)
 FY 2019
All industries1.3
Manufacturing1.0
Non-manufacturing1.5

5. Ordinary profits (compared with the previous year)

 
(%)
 FY 2019
All industries-3.3
Manufacturing-5.3
Non-manufacturing-2.4

6. Software and investment in plant and equipment (compared with the previous year)

 
(%)
 FY 2019
All industries9.0
Manufacturing9.2
Non-manufacturing8.8

Note: Excludes expense purchasing land.

 

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