- Statistics
- Quarterly Survey of Japanese Business Activities
- Quarterly Survey of Japanese Business Activities(Period from October - December 1998)
- Turnover Inside/Outside Japan and Domestic Sales/Local Sales Overseas
Quarterly Survey of Overseas Subsidiaries
Turnover Inside/Outside Japan and Domestic Sales/Local Sales Overseas
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Total domestic parent companies sales were \37,945.8 billion (down 6.9% on the same period in the previous year), a fall for the fifth consecutive period. The amount of the decrease has increased period by period. Looking at the situation by industry, all industries experienced a fall, with the exception of food and tobacco products. The influence of electrical machinery figures was particularly severe. Total sales for overseas subsidiaries was \8,519.1 billion (a fall of 5.7% on the same period in the previous year). This period was the first time it had fallen, after a rise in the period from July to September. When viewed by region, all regions, excluding Europe, experienced a fall. NIES3, where the influence of electrical machinery is strong, was particularly noticeable.
However, it is important to note as that the local currency rate of practically all the countries of the overseas subsidiaries included in the survey depreciated against the Japanese yen compared to the same period in the previous year (Figure 6), there was not necessarily a fall in the local currency base.
The forecast for January to June 1999, when viewed in comparison to the DI of the previous period, shows a fall of 11 points (from -11.9 to -22.9), with the percentage predicted fall increasing once again. The forecast for overseas subsidiaries in total is a fall of 5 points (from 12.1 to 17.1) compared to the previous period, a drop for the second consecutive period.
- Total local sales for the overseas subsidiaries (note 2) were \5,193.4 billion, a fall of 2.4% from the same period in the previous year.
The forecast for January to June 1999, when viewed in comparison to the DI of the previous period, is an increase of 2.6 points (from 13.1 to 15.7), with the percentage rise increasing once again. - The overseas production ratio (note 3) is 22.5%, an increase of 0.3 points compared to the same period in the previous year.
