Explanation:Business Outlook Survey
Purpose of the survey
This survey analyzes business leaders' assessments of and forecasts for the economy in order to gain basic information for keeping track of economic trends.
This survey covers about 15,000 companies that have established their headquarters or principal offices in Japan and have capital stock of 10 million yen or more.
This survey is based on self-reporting questionnaires by mail or online from respondent companies.
Timing of the survey, survey frequency, and the time of publication
Timing of the survey:The 15th day of May, August, November, and February.
Survey frequency: Quarterly
The time of publication: Reference Terms The time of publication April-June around June 12th July-September around September 12th October-December around December 10th January-March around March 11th
Items of the survey
Items of the survey are qualitative survey items like business conditions, quantitative survey items like sales and investments.
Qualitative survey items Business conditions Choose one from "Rising/Unchanged/Falling/Unknown". Reasons for decision in business conditions Choose the top three answers. General domestic economic conditions Choose one from "Rising/Unchanged/Falling/Unknown". Production and sales facilities utilization Choose one from "Insufficient/Rightness/Excessive/Unknown". Number of employees Choose one from "Insufficient/Rightness/Excessive/Unknown". Quantitative survey items Sales The value of "Actual/Preliminary/Forecast" Current profit The value of "Actual/Preliminary/Forecast" Dividend income The value of "Actual/Preliminary/Forecast" The amount of newly reported investment The value of "Actual/Preliminary/Plan" Land The value of "Actual/Preliminary/Plan" Software The value of "Actual/Preliminary/Plan"
note: BSI (Business Survey Index) is the percentage of companies saying that domestic economic conditions are rising compared with the previous quarter, minus the percentage of companies saying that domestic economic conditions are declining compared with the previous quarter.
e.g. In that case "business condition": Rising 40.0% Unchanged 25.0% Falling 30.0% Unknown 5.0%
The method of calculation for the estimate
The questionnaires are classified by industry type and capital class, and then they are expanded to population.
The estimate =
The total value of each item that responded to the questions in the survey
/ The number of enterprises that responded to the questions in the survey * The number of population enterprises
However, a stratum is based on probability proportionate sampling,
The estimate =
The total value of the ratio of each item to the capital that responded to the questions in the survey
/ The number of enterprises that responded to the questions in the survey * The total amount of capital of population enterprises
Types of Industry
These 37 types are built based on the Japanese Standard Industrial Classification. (Revised November 2007)
Food and Beverages Textiles Lumber and Wood Products Pulp and Paper Chemicals Petroleum and Coal Products Ceramics, Stone and Clay Iron and Steel Nonferrous Metals Processed Metals General-purpose machinery Production machinery Bussiness oriented machinery Electrical Machinery Information and Communication Machinery Motor Vehicles and its Accessories Other Transportation Machinery Other Manufacturing
Agriculture, Forestry and Fisheries Mining and Quarrying of stone and gravel Construction Electric, Gas, and Water Utilities Information Communication Transport and Postal activities Wholesaling Retailing Real Estate Leasing Other goods rental Accommodations, Eating and Drinking services Services for Personals Recreational Activities Scientific research, professional and technical services Medical / Education Employment and worker dispatching services Other Services Finance and Insurance
*The industry classification was revised from the April - June survey 2009.