Business Conditions

  Large Enterprises
Business Conditions D.I. Sales Ratio of Current
Profit to Sales
Manufacturing Non-
manufacturing
Manufacturing Non-
manufacturing
All industries
Source BOJ "TANKAN"
    %Points %Points % % %
2013 Mar -8 6      
  Jun 4 12 4.0 3.4 5.65
  Sep 12 14      
  Dec 16 20 10.0 7.2 4.97
2014 Mar 17 24      
  Jun 12 19 2.2 2.6 5.91
  Sep 13 13      
  Dec 12 16 0.5 -1.5 5.61
2015 Mar 12 19      
  Jun 15 23 0.1 -1.4 6.95
  Sep 12 25      
  Dec 12 25 -4.5 -4.2 5.22
2016 Mar 6 22      
  Jun 6 19 -6.1 -6.9 6.42
  Sep 6 18      
  Dec 10 18 0.2 -0.6 6.51
2017 Mar 12 20      
  Jun 17 23 5.9 5.9 8.33
  Sep 22 23      
  Dec 25 23 5.4 6.0 6.62
2018 Mar 24 23      
  Jun 21 24 (3.3) (2.9) (7.44)
  Sep 19 22      
  Dec (19) (22) (2.3) (1.3) (6.47)
NOTES:
D.I. <"Favorable" minus "Unfavorable">
( ) Forecast
Large Enterprises = 1000 employees and over
Business Conditions D.I.("favorable" minus"unfavorable") large enterprises