Business Conditions
   Large Enterprise
Business Conditions D.I. Sales Current Profit to Sales Ratio
Manufacturing Non-
manufacturing
Manufacturing Non-
manufacturing
All industries

Sep-07
Dec
Mar-08
Jun
Sep
Dec
Mar-09
Jun
Sep
Dec
Mar-10
Jun
Sep
Dec
Mar-11
Jun
Sep
Dec
Mar-12
Jun
Sep
Dec
%Points
23
19
11
5
-3
-24
-58
-48
-33
-24
-14
1
8
5
6
-9
2
-4
-4
-1
(1)

%Points
20
16
12
10
1
-9
-31
-29
-24
-22
-14
-5
2
1
3
-5
1
4
5
8
(6)

%

5.8

4.4

-21.6

-26.4

4.0

13.8

1.0

-2.3

3.0

(5.7)

(4.6)
%

4.1

6.4

-9.1

-22.6

-8.9

6.2

3.4

2.3

4.7

(3.0)

(1.4)
%

4.54

4.45

1.14

2.72

3.61

4.64

4.18

4.26

3.60

(3.71)

(4.09)
Source BOJ "TANKAN"
 NOTES: D.I. <" Favorable" minus "Unfavorable">
( ) Forecast
Large Enterprises = 1000 employees and over



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