Japan Corporate Profits

Non manufacturers managing to maintain their profitability.

Note: Total and Non-Manufacturing does not include Finance and Insurance.

Published quarterly by the Ministry of Finance. Updated till the quarter of October-December 2020 (published on March 2nd, 2021).

Brief overview of “Corporate Statistics”:

Corporate statistics, published as "Surveys for the Financial Statements Statistics of Corporations by Industry” by the Ministry of Finance, is the survey about the financial condition of commercial corporations in Japan.

The sales of all industries excluding finance and insurance in 2019 totaled 1,067.9 trillion yen, and Investment excluding software in the same year totaled 45.4 trillion yen.

These statistics are used for estimating private non-residential investment of second preliminary quarterly GDP report.

Note: The seasonally adjusted series for Sales, Current Profit and Investment excluding software is published by the Ministry of Finance. The seasonally adjusted series for Capital Investment is our own. We used X13-ARIMA-SEATS developed by the U.S. Census Bureau with log transformation and automatic outlier detection options turned on.

For more information, visit the official government page

The Next Release Date: June 1st, 2021

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