Business Conditions

  Large Enterprises
Business Conditions D.I. Sales Ratio of Current
Profit to Sales
Manufacturing Non-
manufacturing
Manufacturing Non-
manufacturing
All industries
  %Points %Points % % %
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 4.2 3.0 8.29
  Sep 19 22      
  Dec 19 24 1.6 1.0 6.24
2019 Mar 12 21      
  Jun 7 23 -1.1 -0.3 7.62
  Sep 5 21      
  Dec 0 20 -5.1 -4.6 5.45
2020 Mar -8 8      
  Jun -34 -17 -15.7 -13.2 5.22
  Sep -27 -12      
  Dec -10 -5 -0.1 -4.8 5.91
2021 Mar 5 -1      
  Jun 14 1 (14.0) (1.3) (6.89)
  Sep 18 2      
  Dec (14) (3) (2.4) (-0.5) (5.84)
Source BOJ "TANKAN"
NOTES:
D.I. <"Favorable" minus "Unfavorable">
( ) Forecast
Large Enterprises = 1000 employees and over
Line graph. Business Conditions D.I. large enterprises. See the table above for data.