Preliminary Report of the 2018 Basic Survey on Small and Medium Enterprises (Performance Results Based on the FY2017 Closing Accounts) Compiled
March 29, 2019
Small and Medium Enterprise Agency
The Small and Medium Enterprise Agency (SMEA) has been conducting the Basic Survey on Small and Medium Enterprises every year as a cross-industrial survey in order to ascertain the financial and operational situation of SMEs. SMEA hereby announces that it compiled the results of the 2018 survey (performance results are based on the FY2017 closing accounts).
1. Outline of the Basic Survey on Small and Medium Enterprises
SMEA has been conducting the Basic Survey on Small and Medium Enterprises every year as a cross-industrial survey in order to ascertain the financial and operational situation of SMEs. The 2018 survey was the 15th survey.
The survey covers approximately 110,000 SMEs randomly selected from 11 industries, namely construction; manufacturing; information and communications; transport and postal services; wholesale trade; retail trade; real estate and goods rental and leasing; scientific research, professional and technical services; accommodations, eating and drinking services; living-related and personal services and amusement services; and services, n.e.c.
This report is based on valid responses from 46,049 companies (valid response rate: 42.4%).
2. Key points of the report
- Total sales were 524.8733 trillion yen, down by 0.6% from the previous year, and total ordinary profits were 22.8471 trillion yen, up by 4.3% from the previous year.
- Added value of incorporated enterprises amounted to 127.8498 trillion yen, up by 2.5% from the previous year.
- The percentage of incorporated enterprises that have subsidiaries, affiliated companies or business establishments overseas was 1.0%, up by 0.0 percentage points from the previous year.
- The percentage of incorporated enterprises that have conducted research and development for new products or new technology was 2.2%, up by 0.1 percentage points from the previous year.
- The percentage of incorporated enterprises that possess patent, utility model, design, or trademark rights was 5.4%, up by 0.1 percentage points from the previous year.
- Looking at data on presidents (individual business operators), presidents in their 60s accounted for the largest share of all presidents (32.5%), while those who have been taking office for over 30 years accounted for the largest share (32.3%).
Note: In conducting the series of the past surveys, METI extracted some data using different approaches, as below, from those shown in the survey plans that the Minister of Internal Affairs and Communications approved:
- METI extracted samples at random from the target population after excluding some businesses falling into Groups (i.e., “vending machine sales”: from the FY2012 survey onwards; “miscellaneous lodging places” and “bicycle, horse, motorcar and motorboat race track operations and companies”: from the FY2004 survey onwards, respectively) from the target population.
- METI extracted samples at random after further dividing the business scale category of employees with “51 or more” into four smaller categories (from the FY2014 survey to the FY2017 survey).
These approaches only caused minor impacts and METI will not modify the released data of the respective surveys. METI will strive to prevent any further such conduct so as to never cause similar events again.
For the details of the 2018 survey results, see the Appendix.
Division in Charge
Research Office, Policy Planning Division, Business Environment Department, Small and Medium Enterprise Agency