METI
Font Size Change
S
M
L
Easy Web Browsing tool

Quarterly Survey of Overseas Subsidiaries (January-March 2017) Conducted

The Ministry of Economy, Trade and Industry(METI)has been conducting a Survey of Overseas Subsidiaries on a quarterly basis, aiming to ascertain the business development and conditions of Japanese companies in overseas countries, and releasing the results. METI hereby announces that it has compiled the survey results for the period of January-March 2017.

The total sales of overseas subsidiaries of Japanese companies from January to March 2017(based on dollars have improved from the previous year, showing an increase for four consecutive quarters.

1. Summary of the results

(1) Sales

The total sales of overseas subsidiaries improved by 7.9% from the previous year, showing an increase for four consecutive quarters.

Looking at the sales of overseas subsidiaries by region(North America, Asia, and Europe), those in Asia, the region showing the highest composition ratio of overseas subsidiaries at 47.8%, showed an increase by 8.8% from the previous year, growth for four consecutive quarters. In particular, sales of transportation equipment rose in China.

The sales in North America(composition ratio: 31.9%)improved by 4.3% from the previous year, an increase for 15 consecutive quarters, while those in Europe (composition ratio: 12.5%)also improved by 7.8% from the previous year, an increase for four consecutive quarters.

Looking at the sales of transportation equipment(composition ratio: 55.8% by region, increases are seen in North America and China, in particular.

(2)Amount of capital investment

The total amount of capital investment by overseas subsidiaries declined by 13.6% from the previous year, a decrease for 12 consecutive quarters.

Looking at the capital investment by region, Asia, the region with the highest composition ratio of overseas subsidiaries at 47.1%, declined by 14.0% from the previous year, a decrease for 17 consecutive quarters. In particular, those in ASEAN-4 economies showed a two-digit decline for seven consecutive quarters.

The capital investment in North America(composition ratio: 34.1%)has decreased by 0.8% from the previous year, a decrease for the first time in three quarters, while that in Europe(composition ratio: 10.7%)showed a decrease of 40.9% from the previous year, a decrease for the first time in five quarters.

(3)Number of employees

The total number of employees in overseas subsidiaries improved by 1.9% from the previous year, an increase for two consecutive quarters.

Looking at the number by region, those in Asia, the region showing the highest composition ratio of overseas subsidiaries, i.e., 69.9%, increased by 1.3% from the previous year, growing for 2 consecutive quarters. In particular, that in ASEAN-4 economies showed an increase for two consecutive quarters.

The number of employees in North America(composition ratio: 13.3%)improved by 2.9% from the previous year, an increase for 23 consecutive quarters, while that in Europe(composition ratio: 9.4%)also improved by 4.9% from the previous year, an increase for 15 consecutive quarters.

Release date

June 28, 2017

Division in Charge

Enterprise Statistics Office, Research and Statistics Department

Ministry of Economy, Trade and Industry1-3-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-8901, Japan Tel: +81-(0)3-3501-1511
Copyright Ministry of Economy, Trade and Industry. All Rights Reserved.