TABLE-Japan big manufacturer sentiment worsens in Q1 -govt

(For more stories on the Japanese economy, click [ID:nECONJP])

TOKYO, March 18 (BestGrowthStock) – Big Japanese manufacturers grew
less optimistic about business conditions in the three months to
March compared with the previous quarter, a survey showed on
Thursday.

The business survey index (BSI) of sentiment at large
manufacturers stood at plus 4.3 in January-March, compared with
plus 13.2 in October-December, the joint survey by the Ministry
of Finance and the Cabinet Office’s Economic and Social Research
Institute showed.

Following is a table of the main figures (figures in
parentheses are forecasts from the previous survey):
————————————————————-
BUSINESS SURVEY INDEX ON SENTIMENT
(Measures percentage of firms that expect the business
environment to improve minus percentage that expect it to
worsen)

JAN-MAR OCT-DEC APR-JUNE JULY-SEPT

(prev f’cast) f’cast (prev) f’cast
————————————————————-
All large firms -2.4 (-3.5) -1.9 -1.6 (+0.1) +6.8
Large manuf +4.3 (+0.2) +13.2 +1.9 (+2.8) +10.3
Large non-manuf -6.3 (-5.7) -10.7 -3.7 (-1.5) +4.8
All small firms -31.8(-26.3) -33.1 -18.3 (-13.9) -10.5
Small manuf -30.7(-25.3) -30.3 -11.4 (-10.0) -2.6
Small non-manuf -32.1(-26.6) -33.7 -19.7 (-14.7) -12.2
————————————————————-

2009/10 2009/10
CAPITAL SPENDING OUTLOOK (yr/yr) PCT (prev survey)
All industries -25.3 (-23.5)

Manufacturers -34.0 (-32.8)

Non-manufacturers -19.3 (-17.4)
————————————————————-

2009/10 2009/10
RECURRING PROFITS OUTLOOK (yr/yr) PCT (prev survey)
All industries -14.1 (-16.0)

Manufacturers -20.6 (-29.4)

Non-manufacturers -11.8 (-11.2)
_____________________________________________________________

For the full tables, click on

http://www.mof.go.jp/english/bos/e1c2104.htm

Stock Analysis

(Reporting by Stanley White)

TABLE-Japan big manufacturer sentiment worsens in Q1 -govt