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  5. METI Releases Results of the Quarterly Survey of Overseas Subsidiaries (January-March 2018)

METI Releases Results of the Quarterly Survey of Overseas Subsidiaries (January-March 2018)

June 27, 2018

The Ministry of Economy, Trade and Industry (METI) conducts a Survey of Overseas Subsidiaries on a quarterly basis, aiming to ascertain the business conditions and development status of Japanese companies in overseas countries, and releases the results to the public. METI hereby announces that it has compiled the survey results for the period of January-March 2018.

The total sales of overseas subsidiaries of Japanese companies from January to March 2018 (in US dollar values) have increases by 9.3% over the previous year, showing an increase for eight consecutive quarters.

1. Summary of the survey results

  1. Sales

    The total sales of overseas subsidiaries improved by 9.3% over the previous year, showing an increase for eight consecutive quarters.

    Looking at the sales of overseas subsidiaries by region (North America, Asia, and Europe), those in Asia, the region with the highest ratio of sales in overseas subsidiaries at 48.6% of the total, showed an increase of 11.8% from the previous year, showing growth for eight consecutive quarters. In particular, sales in the transportation equipment industry rose.

    The sales in North America (30.2% of sales in overseas subsidiaries) improved by 2.8% from the previous year, an increase for two consecutive quarters, while those in Europe (13.4% of sales in overseas subsidiaries) also improved by 16.2% from the previous year, an increase for eight consecutive quarters.

  2. Amount of capital investment

    The total amount of capital investment by overseas subsidiaries increased by 16.8% from the previous year, showing an increase for the first time in two quarters.

    Looking at the capital investment by region, that of Asia, the region with the highest ratio of capital investment in overseas subsidiaries at 50.5%, increased by 26.7% from the previous year, showing growth for two consecutive quarters. In particular, that in the transportation equipment industry rose.

    The capital investment in North America (30.5% of total capital investment value by overseas subsidiaries) increased by 3.8% from the previous year, showing an increase for the first time in two quarters, while that in Europe (11.6% of total capital investment value by overseas subsidiaries) also increased by 23.9% from the previous year, showing a double-digit increase for three consecutive quarters.

  3. Number of employees

    The total number of employees in overseas subsidiaries increased by 1.7% from the previous year, showing an increase for six consecutive quarters.

    Looking at the number of employees by region, those in Asia, the region with the highest ratio of people employed by overseas subsidiaries at 68.9%, showed an increase by 0.7%, rising for six consecutive quarters. In particular, employment in the transportation equipment industry rose.

    The number of employees in North America (13.7% of total employees employed by overseas subsidiaries) increased by 4.7% from the previous year, an increase for 27 consecutive quarters, while that in Europe (9.6% of total employees employed by overseas subsidiaries) also increased by 3.7% from the previous year, an increase for 19 consecutive quarters.

2. Announcement of the website

Visit the following website to download documents related to the survey.
 

Division in Charge

Enterprise Statistics Office, Research and Statistics Department