Business Operation and Labor's Share
| Total Sales | Current Profit to Sales Ratio |
Ratio of Personnel Expenses to Sales | Labor's Share | ||
|---|---|---|---|---|---|
| Annual percent change |
|||||
| Fiscal year | % | % | % | % | |
| 2017 | 6.1 | 5.4 | 13.4 | 68.3 | |
| 2018 | -0.6 | 5.5 | 13.6 | 70.1 | |
| 2019 | -3.5 | 4.8 | 13.6 | 71.6 | |
| 2020 | -8.1 | 4.6 | 14.3 | 75.4 | |
| 2021 | 6.3 | 5.8 | 14.3 | 73.2 | |
| 2022 | 9.0 | 6.0 | 13.6 | 72.5 | |
| 2020 | Jul-Sep | -11.5 | 4.0 | 13.9 | 74.5 |
| Oct-Dec | -4.5 | 5.6 | 13.5 | 78.9 | |
| 2021 | Jan-Mar | -3.0 | 6.0 | 12.4 | 65.4 |
| Apr-Jun | 10.4 | 7.7 | 13.4 | 76.1 | |
| Jul-Sep | 4.6 | 5.2 | 13.4 | 73.4 | |
| Oct-Dec | 5.7 | 6.6 | 13.0 | 78.2 | |
| 2022 | Jan-Mar | 7.9 | 6.3 | 12.1 | 64.5 |
| Apr-Jun | 7.2 | 8.4 | 12.8 | 76.9 | |
| Jul-Sep | 8.3 | 5.7 | 12.5 | 72.7 | |
| Oct-Dec | 6.1 | 6.0 | 12.6 | 78.2 | |
| 2023 | Jan-Mar | 5.0 | 6.3 | 11.8 | 61.8 |
| Apr-Jun | 5.8 | 8.9 | 12.4 | - | |
| Jul-Sep | 5.0 | 6.5 | 12.4 | - | |
| Oct-Dec | 4.2 | 6.5 | 12.6 | - | |
| Source | MOF “Financial Statements of Corporations by Industry” |
CAO “SNA” | |||
- NOTES:
- Labor's share = Compensation of employees / National income at factor cost × 100. Calculated by JILPT.
Ratio of Personnel Expenses to Sales (Fiscal year) = Calculated by JILPT
