Quarterly Survey of Overseas Subsidiaries
Trade Transactions
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- Current situation of imports and exports
Total exports for parent companies were \8,755.1 billion (a fall of 5.9% from the same period in the previous year), the first fall since beginning the survey. When viewed by industry, eight industries, such as electrical machinery, fell.
Total imports for parent companies were \2,061.1 billion, a fall of 12.0% from the same period in the previous year. When viewed by industry, nine industries, such as industrial machinery, fell.
The forecast for January to June 1999, when viewed in comparison to the DI of the previous period, was a fall in total exports of 8.4 points (from -8.7 to -17.1) and total imports of 4.1 points (fro -10.6 to -14.7), an increase in the forecast percentage. When viewed by industry, nine industries such as electrical machinery saw a decrease in exports, and ten industries, such as transportation machinery ,saw a decrease in imports.
- Inter-company trade transactions between parent companies and their overseas subsidiaries
Total exports by parent companies to their overseas subsidiaries totaled \4,049.1 billion (a decrease of 0.8% compared with the same period for the previous year), a fall for the first time since beginning the survey. The share of such exports as a percentage of total parent companies exports tended to increase. The share for this period was 46.2%, an increase of 2.3 points compared to the same period in the previous year.
Exports from overseas subsidiaries were \703.9 billion, a fall of 3.5% from the same period in the previous year. The share of such imports as a percentage of total parent companies imports tended to increase. The share for this period was 34.2%, an increase of 3.0 points compared to the same period in the previous year.
Total income and expenditure from imports and exports with overseas subsidiaries totaled 3,345.1 billion, a slight drop of 0.2% from the same period in the previous year.