Quarterly Survey of Overseas Subsidiaries
North America
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- Total and local sales
- Employment conditions
- Reverse imports
Total sales were ¥4,066.4 billion, a drop of 2.8% compared to the same period in the previous year, due to a fall in ten industries, such as transportation machinery.
Nine industries showed a decrease in local sales, but due to the increase in electrical machinery, total sales reached ¥3,011.9 billion, a slight increase of 0.9% 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, was a decrease of 6.5 points (from 23.7 to 30.2) for total sales and 6.1 points (from 23.0 to 29.1) for local sales, with the percentage of overseas subsidiaries forecasting an increase continuing to rise from the period from July to September.
The number of employees was 360,000, an increase of 2.6% 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, was 1.0 points (from 1.4 to 2.4).
Exports bound for Japan, as known as reverse imports, totaled ¥63.6 billion (a decrease of 12.6% from the same period in the previous year), with nine industries, such as food and tobacco products, showing a decrease.