Skip to Content

Policy Research Institute

 

Business Outlook Survey 

(July-September 2009)

 Sep 17 , 2009

1.Business conditions

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

(%)

 

 

 Apr.-Jun.
2009
(previous)

Jul.-Sep.
2009
(present)

Oct.-Dec.
2009
(outlook)

Jan.-Mar.
2010
(outlook)

Corporationswith capital of 1 billion yen or over
Allindustries -22.4 0.3 4.9 4.4
 Manufacturing -13.2 15.5 13.9 8.5
 Non-manufacturing -27.8 -8.6 -0.3 2.0
Corporationswith capital of 100 million to 1 billion yen
Allindustries -37.0 -15.7 -4.2 -2.2
 Manufacturing -26.5 2.3 6.4 2.0
 Non-manufacturing -40.3 -21.5 -7.6 -3.6
Corporationswith capital of 10 to 100 million yen
Allindustries -49.6 -36.7 -20.7 -16.1
 Manufacturing -54.5 -37.1 -11.1 -9.5
 Non-manufacturing -48.6 -36.6 -22.7 -17.4

 

2.Domestic economic conditions

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

(%)

 

 

 Apr.-Jun.
2009
(previous)

Jul.-Sep.
2009
(present)

Oct.-Dec.
2009
(outlook)

Jan.-Mar.
2010
(outlook)

Corporationswith capital of 1 billion yen or over
Allindustries -26.7 0.7 2.9 4.9
 Manufacturing -14.2 16.8 10.6 7.9
 Non-manufacturing -33.9 -8.8 -1.5 3.1
Corporationswith capital of 100 million to 1 billion yen
Allindustries -46.5 -18.2 -3.9 1.5
 Manufacturing -35.3 -3.1 3.8 1.9
 Non-manufacturing -50.0 -23.1 -6.4 1.4
Corporationswith capital of 10 to 100 million yen
Allindustries -61.5 -42.3 -25.8 -16.5
 Manufacturing -63.2 -35.4 -13.1 -9.3
 Non-manufacturing -61.1 -43.7 -28.4 -18.0

 

3.Sales(compared with the previous year)

(%)

 

 FY 2009

  1st half

   FY 2009

  2nd half

   FY 2009

Allindustries -9.9 -17.2 -2.0
 Manufacturing -13.0 -23.6 -0.7
 Non-manufacturing -8.4 -13.9 -2.6

 

4.Ordinary profits (compared with the previous year)

(%)

 

 FY 2009

  1st half

   FY 2009

  2nd half

   FY 2009

All industries -18.4 -56.7 68.7
 Manufacturing -33.9 -93.0 *
 Non-manufacturing -12.1 -30.1 10.9
Note   *:Can not be compared because of the negative figure in the previous year.

   

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

(%)

 

 FY 2009

  1st half

   FY 2009

  2nd half

   FY 2009

Allindustries -22.0* -23.1 -21.0
 Manufacturing -28.5 -31.1 -25.7
 Non-manufacturing -17.6 -17.1 -18.0
* corrected

       

6.Employment

Business survey index
(Difference of "insufficient"-"excessive" )

(%)

 

 

 Apr.-Jun.
2009
(previous)

Jul.-Sep.
2009
(present)

Oct.-Dec.
2009
(outlook)

Jan.-Mar.
2010
(outlook)

Corporationswith capital of 1 billion yen or over
Allindustries -11.7 -9.6 -5.5 -2.0
 Manufacturing -25.1 -18.9 -11.8 -7.8
 Non-manufacturing -4.0 -4.3 -1.8 1.3
Corporationswith capital of 100 million to 1 billion yen
Allindustries -11.5 -9.5 -5.5 -2.6
 Manufacturing -28.3 -22.8 -15.6 -11.5
 Non-manufacturing -6.3 -5.3 -2.3 0.2
Corporationswith capital of 10 to 100 million yen
Allindustries -12.4 -8.2 -5.2 -2.8
 Manufacturing -26.9* -17.1 -12.6 -8.7
 Non-manufacturing -9.4 -6.3 -3.6 -1.6
* corrected