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Quarterly Survey of Overseas Subsidiaries

3. Domestic and Overseas Employment

Looking at the status of employment (number of employees), the domestically-based parent companies registered a decline of 0.8% in the current July-September quarter as against the increased ratio in the previous April-June quarter.
The overseas subsidiaries demonstrated a slightly increased employment ratio chiefly in North America. By region, only Europe suffered a decrease in employment.
Domestically-based parent companies foresaw a continued reduction in employment ahead as an outlook on the October-December quarter, while overseas subsidiaries predicted a slight increase, though the increase rate itself worsened as compared to the previous quarter.

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Table 6

The total number of employees in the employment of domestically-based parent companies was 2,543,000, a 0.8% decline compared to the previous quarter. By category, all business categories registered decreases, apart from the "other" category.
The total number of employees on the payroll of overseas subsidiaries was 1,349,000, an increase of 1.5% over the previous quarter. By region, all the regions excluding Europe registered increases in employment. Growth in North America was especially significant.

The October-December quarter outlook for employment by the domestically-based parent companies predicted a DI index of minus 20.7 points on a total basis, which was a worsened prediction by minus 6.1 points compared to the previous quarter. By category, all the business categories envisioned a negative picture of future employment. Ten categories foresaw worsened employment ahead.

The employment outlook for the coming October-December quarter by locally-based overseas subsidiaries predicted an increased employment with a positive DI index of 11.2 points on the combined basis of all regions, which was, however, a worsened forecast by 4.7 points compared to the previous quarter.

By region, China and other regions exhibited a high predicted rate with a positive DI index of 31.8 points for anticipating growth in employment continuously from the previous quarter.

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Last Update: January 31, 2008
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