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The 144th Business Conditions (April-June 2016)

Survey Procedures

  Number of companies surveyed Number of valid response companies Response rate (%)
Manufacturing 4,639 (24.5) 4,500 (24.6) 97.0
Construction 2,405 (12.7) 2,316 (12.7) 96.3
Wholesale trade 1,185 (6.3) 1,126 (6.2) 95.0
Retail trade 4,675 (24.7) 4,500 (24.6) 96.3
Services 6,037 (31.8) 5,838 (31.9) 96.7
Total 18,941 (100.0) 18,280 (100.0) 96.5

Note: Figures in parenthesis show the composition ratios (%)

(1) Date of the survey:
As of June 1, 2016
(2) Survey method:
Feedback given to management consultants belonging to the Commerce and Industry Association and Chamber of Commerce and Industry throughout the country, and to survey personnel of the Federation of Small Business Associations
(3) Companies surveyed:
The nationwide complement of small and medium-sized enterprises as defined in the Small and Medium-sized Enterprise Basic Act
(4) Others
・For every quarter from April to June, the data in previous years is replaced with seasonally-adjusted data.
・The most recent long-term time series data is displayed on the website of the Small and Medium Enterprise Agency as well as that of the Organization for Small and Medium Enterprises and Regional Innovation

Business conditions DI

(1) All industries

For the April-June period of 2016, the business conditions DI for all industries was minus 19.5 (down 1.4 points from minus 18.1 for the previous quarter), showing an increase in the negative margin for the second straight quarter.

The business conditions DI for manufacturing was minus 16.9 (down 0.1 point from minus 16.8 for the previous quarter), indicating a slight increase in the negative margin for the third straight quarter. The business conditions DI for non-manufacturing was minus 20.4 (down 1.6 points from minus 18.8 for the previous quarter), showing an increase in the negative margin for the second straight quarter.

Changes in the business conditions DI of small and medium-sized enterprises by size of trade

Changes in the business conditions DI of small and medium-sized enterprises by size of trade

(2) Manufacturing

The business conditions DI for manufacturing was minus 16.9 (down 0.1 point from minus 16.8 for the previous quarter), indicating a slight increase in the negative margin.

To be specific for the 14 industries in manufacturing, the DI remained negative with the negative margin decreased for eight industries, including minus 21.8 (up 9.7 points from the previous quarter) for Ceramic, stone and clay products, minus 11.3 (up 9.4 points from the previous quarter) for Textile mill products, minus 25.2 (up 5.6 points from the previous quarter) for Printing, and minus 17.7 (up 3.1 points from the previous quarter) for Timber and wood products. The DI fell from a positive value to a negative value for Chemical and allied products: minus 11.2 (down 12.6 points from the previous quarter). The DI remained negative with the negative margin increased for five industries, including minus 24.4 (down 8.7 points from the previous quarter) for Furniture and fixtures, minus 16.9 (down 5.8 points from the previous quarter) for Machinery and equipment, and minus 22.1 (down 4.9 points from the previous quarter) for Transportation equipment.

Changes in the business conditions DI of small and medium-sized enterprises by industry (1)
(From April-June, 2013 to April-June, 2016)

Changes in the business conditions DI of small and medium-sized enterprises by industry (1)

Changes in the business conditions DI of small and medium-sized enterprises by industry (2)
(From April-June, 2013 to April-June, 2016)

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Changes in the business conditions DI of small and medium-sized enterprises by industry (2)

(3) Non-manufacturing

The business conditions DI for non-manufacturing was minus 20.4 (down 1.6 points from minus 18.8 for the previous quarter), showing an increase in the negative margin.

To be specific for industries, the DI remained at the same level for Construction: minus 11.5 (unchanged from the previous quarter). The DI remained negative with the negative margin increased for three industries: minus 18.9 (down 5.4 points from the previous quarter) for Wholesale trade, minus 16.7 (down 1.5 points from the previous quarter) for Services, and minus 29.2 (down 0.8 point from the previous quarter) for Retail trade.

Changes in the business conditions DI of small and medium-sized enterprises by industry
(From April-June, 2013 to April-June, 2016)

Changes in the business conditions DI of small and medium-sized enterprises by industry

To be specific for sectors in Services, the DI remained negative with the negative margin decreased for two sectors: minus 19.6 (up 4.6 points from the previous quarter) for Personal services, including automobile maintenance services and others, and minus 9.3 (up 4.0 points from the previous quarter) for Services to business establishments, including transportation and warehousing. The DI fell from a positive value to a negative value for Information and communications and advertising: minus 5.1 (down 5.9 points from the previous quarter). The DI remained negative with the negative margin increased for four sectors, including minus 16.6 (down 12.1 points from the previous quarter) for Accommodations, minus 20.9 (down 3.4 points from the previous quarter) for Eating and drinking places, and minus 19.8 (down 1.2 points from the previous quarter) for Personal services related with daily lives.

Changes in the business conditions DI of small and medium-sized enterprises engaged
in services industries by industry
(From April-June, 2013 to April-June, 2016)

Changes in the business conditions DI of small and medium-sized enterprises engaged in services industries by industry

(Note)

  • “Personal services related with daily lives” denote eight sectors, including real estate business, the laundry industry, barber shop or beauty salon business, bathhouse business, and other services related to daily lives.
  • “Personal services including automobile maintenance and others” denote the automobile repair industry and the mechanical repair industry.
  • “Services to business establishments including transportation and warehousing” denote five sectors, including the road passenger transport industry, the road freight transport industry, and the warehousing industry.
  • “Services to business establishments including professional and technical services” denote five sectors, including the professional service industry, the technical service industry, and the waste treatment industry.

Changes in the business conditions DI of small and medium-sized enterprises by size of trade

Changes in the business conditions DI of small and medium-sized enterprises by size of trade

Financing DI

The financing DI for all industries was minus 13.9 (down 0.1 point from minus 13.8 for the previous quarter), indicating a slight increase in the negative margin. To be specific for industries, the DI remained negative with the negative margin increased for manufacturing: minus 13.0 (down 0.9 point from minus 12.1 for the previous quarter), and the DI remained negative with the negative margin decreased for non-manufacturing: minus 14.3 (up 0.1 point from minus 14.4 for the previous quarter).

 

Changes in the business conditions DI of small and medium-sized enterprises by size of trade

Changes in the business conditions DI of small and medium-sized enterprises by size of trade

[Topics (1)] Trends in the materials/goods purchase unit prices DI, the unit sales price/per-customer sales DI, and the profit (ordinary profit) DI

For the current quarter, the materials/goods purchase unit prices DI (“rise” minus “fall” on a year-on-year basis) was 20.9 (down 1.7 points from 22.6 for the previous quarter), showing a decrease in the positive margin.

Meanwhile, the unit sales price/per-customer sales DI (same as above) was minus 13.4 (up 0.1 point from minus 13.5 for the previous quarter), showing a slight decrease in the negative margin, and the profit (ordinary profit) DI (same as above) was minus 24.1 (up 1.5 points from minus 25.6 for the previous quarter), also showing a decrease in the negative margin.

The materials/goods purchase unit prices DI, the unit sales price/per-customer sales DI and the ordinary profit DI
(on a year-on-year basis)

The materials/goods purchase unit prices DI, the unit sales price/per-customer sales DI and the ordinary profit DI (on a year-on-year basis)

[Topics (2)] Changes in the excess or shortage of employees DI (by the current quarter level)

The excess or shortage of employees DI (“excess” minus “shortage” on the current quarter level) was minus 13.3 (up 0.7 point from minus 14.0 for the previous quarter), showing a slight decrease in the negative margin for the second straight quarter as well as a reduction in the shortage.

To be specific for industries, the excess or shortage of employees DI remained negative with the negative margin decreased for two industries: minus 8.5 (up 2.9 points from minus 11.4 for the previous quarter) for manufacturing, and minus 18.8 (up 1.8 points from minus 20.6 for the previous quarter) for construction. The excess or shortage of employees DI remained negative with the negative margin increased for three industries, including minus 9.1 (down 1.0 point from minus 8.1 for the previous quarter) for wholesale trade and minus 8.9 (down 0.5 point from minus 8.4 for the previous quarter) for retail trade.

Changes in the excess or shortage of employees DI by industry (current quarter level)

Changes in the excess or shortage of employees DI by industry (current quarter level)