Cabinet Office

FY2014 Annual Survey of Corporate Behavior

Confidential

Questionnaire

Approved by the Ministryof Internal Affairs andCommunications
General statistical survey

Government statistics

This questionnaire will be handled in the strictest confidence.
Your replies will be used only for statistical purposes.

Submission deadline:
January 15, 2015

How to complete this questionnaire:
1 Please fill in the thick-framed boxes or the “other ( )” option and circle the applicable number in the thick-framed number column (1, 2, 3 …).
2 Please amend in handwriting if company name, address, capital amount, etc., has changed.
3 Please answer Q2 (2) (break-even yen-dollar rate) only if your company is an exporter.
4 Please answer on a consolidated basis except for Q5 (Change in the number of employees). For Q5, please answer not on a consolidated
basis but for your company only.
5 Please answer Q6 (Overseas production ratio and reverse imports ratio) only if your company is a manufacturer.
SectorCompany No.

Capital SizeCompanyNameAddress

1 to 5Less thanbillion
1 billionyen (notyenincl.)〒businessestablishment
where thisquestionnaire
was completed

１

Business outlook and demand forecast

２Completed by

5 to 10billion
yen (notincl.)

10 billion
yen ormore

３４PMAS

Japan’snominal
我が国のeconomic growth
名目経済成長率rateJapan’sreal
我が国のeconomic growth
実質経済成長率rate
Nominal growth
貴業界の需要のrate of industry
名目成長率
demandReal
growth rate of
貴業界の需要のindustry
demand
実質成長率.

％

.

％

.

％

.

％

.

％

.

.

％

.

of
（(average平成25〜29
FY2015–2019)
年 度平均）

.

％

.

％

％.

％％.

％

(Reference) The past 3 years’ % changes in gross domestic
product (GDP), which represents Japan’s economic growth rate,
are as follows:
FY2011FY2012FY2013Nominal economic growth rate

-1.4 %-0.2 %

1.9 %Real economic growth rate

0.3 %

0.7 %

2.2 %

Source: “Quarterly Estimates of GDP Jul.–Sep. 2014 (The 1st Preliminary),
chained” by the Cabinet Office(Published on November 17, 2014)

Exchange rates
Q2 (1) What is your forecast for the exchange rate of the yen
against the dollar 1 year from now (around January 2016)? Pleasechoose and circle the one number that applies.
yen range 80 80円台
60 60円台
yen range 7070円台
yen range 100
yen range
yen range 9090円台
yen range 110
100円台
110円台

１２

３

yen range120
yen range 130
120円台
130円台

７1８４Otherその他

９（‐yen level円台）

５６

Not
predictable
予想できない10

US$ =Prices

今後５年間
Next
5 years

今後３年間
Next 3 years

EL

Telephone
Number（）Extension(2) Up to how many yen to the dollar is a profitable exchange rate
at this point in time? Please enter a whole number in the box below.
Please reply with regard to your main product if conditions varysignificantly between products and plants and it is difficult to makea uniform calculation.

Please refer to the industry code (middle classification) specified by
the stock exchange with regard to your industry. If your company’sbusiness spans multiple divisions, please reply in terms of theindustry of your largest division.

(average of（平成25〜27FY2015–2017)年度平均 ）

Name(2) is to be answered by exporting companies only.

Q1 Please enter a figure up to one decimal place in each of theboxes below as your rough forecast of Japan’s nominal and real
economic growth rates and the nominal and real growth rates ofdemand in your industry for FY2015, the next 3 years (average ofFY2015–2017) and the next 5 years (average of FY2015–2019).

FY2015平成25年度Positionyen

Q3 With regard to how much higher or lower the average purchaseprice for manufacturing and selling the main product or service ofyour company and the average sales price of your main product orservice will be 1 year from now (around January 2016), pleasechoose and circle the one number that is the closest to yourcompany’s forecast.
Average
平均仕入価格
purchasepriceAverage
平均販売価格
sales price

増減率Rate of change

１年後
1 yearfrom now(around Jan. 2016)(平成26年１月ごろ)

１年後
1 yearfrom now(around Jan. 2016)(平成26年１月ごろ)

20%or more
20％以上

１

１10%
to 20%〜(notincl.)
10％以上
20％未満

２

２

５％以上
〜 10％未満5%
to 10% (notincl.)

３３0%(not incl.)
to 5% (not incl.)
０％超〜 ５％未満

４

４０％
0%

５

５‐5%
(not incl.)
0% (not incl.)−５％超〜 to０％未満

６

６‐10%(not incl.)
to ‐5%−10％超〜 −５％以下

７

７‐20%(not incl.)
to ‐10%−20％超〜 −10％以下

８８‐20%or less−20％以下９９Noneapply当てはまらない

10(Note) The purchase price for non-manufacturing companies is theprice of raw materials and products purchased for providing service.
For example in the wholesale and retail industries it includes stocks
purchased, in the restaurant and lodging industries it includes
foodstuffs and in the real estate industry it includes land purchased
for sale (machinery/tools for capital investment and rent/purchase ofbuildings and land for use at own company are not included). Pleasechoose “None apply” if there is no applicable purchase price.

(please turn over)Overseas production ratio and reverse imports ratio

Growth rate of capital investment
Q4 How does your company view the annual average percentagechanges in capital investment (construction work basis) for the past
3 years (average of FY2012–2014) and the next 3 years (averageof FY2015–2017)? Please choose and circle the one number thatapplies as the past percentage change and the future forecast.
Please exclude the purchase of land, the purchase of used items
and transfers from the construction in progress account.
Past
3 years
Next
3 years
過去３年間
今後３年間(averageof(average of(平成22〜24年度平均）(平成25〜27年度平均）増減率
Rate ofFY2012–2014)
FY2015–2017)25%
or more
25％以上

１

１20%
to 25%〜(notincl.)
20％以上
25％未満

２

２15%
to 20%〜(notincl.)
15％以上
20％未満

３

３

10％以上
15％未満
10%
to 15%〜(notincl.)

４４5%
to 10% (notincl.)
５％以上〜 10％未満

５５0%(not incl.)
to 5% (not incl.)
０％超〜 ５％未満

６

６0%０％

７

７‐5%
(not incl.)
0% (not incl.)−５％超〜to０％未満

８８‐10%(not incl.)
to ‐5%−10％超〜 −５％以下

９９‐15%(not incl.)
to ‐10%−15％超〜 −10％以下

10

10‐20%(not incl.)
to ‐15%−20％超〜 −15％以下

1111‐25%(not incl.)
to ‐20%−25％超〜 −20％以下

1212‐25%or less
−25％以下1313

No設備投資を行わなかった
capital investment wasmade/isplanned（行う予定がない）

1414

海外現地生産による生産高

Volume of overseas production
Overseas production
海外現地生産比率＝ratio
国内生産
海外現地生産of overseas
Volume of domestic ＋ Volume
による生産高による生産高production
production(Note) Please consider overseas production as production done bya local corporation through foreign direct investment under theForeign Exchange and Foreign Trade Act.
If there are any co-investors on the Japanese side in the overseas
local corporation, this question is to be answered by the company
with the largest investment ratio (or managing company if thecompanies invested equally).
FY2013 actualresult
Overseas
production ratio

15%or more
15％以上

10％以上
15％未満
10%
to 15%〜(notincl.)

Regular
うち.

%%.

%

(2) Reverse imports ratio
Please calculate the reverse imports ratio as per the following
equation on a yen selling price basis. Please use the current
exchange rate for the FY2019 forecast.
Exportvolume to Japan
日本向け輸出高
Reverse imports
ratio ＝逆輸入比率
Volumeof overseas local海外現地生産高production
It is not required to fill in the box for the year in which your company
did/will not carry out overseas production (year for which “0.0” wasentered)

Q5 With regard to the situation of the number of employees at yourcompany in the past 3 years (average of FY2012–2014) and yourforecast for the next 3 years (average of FY2015–2017), pleasechoose and circle the one number that applies for “overall” and“regular employees.”
Please respond regarding the state only at your company, rather
than on a consolidated basis.
Past
3 years
過去３年間Next今後３年間
3 years(averageof(平成25〜27((average平成22〜 of24
FY2012–2014)
FY2015–2017)年度平均）
年度平均 )
増減率Rate of change

FY2014 estimate FY2019 forecastEL.

PMAS

Change in the number of employees

Q6 is to be answered by manufacturing companies only.
Q6 With regard to overseas production and reverse imports ratios,
what are your company’s “FY2013 actual figures,” “FY2014
estimate” and “FY2019 forecast”? Please fill in the boxes below(figures up to one decimal place).
Please enter “0.0” if your company does not produce abroad.
(1) Overseas production ratio
Please calculate the overseas production ratio as per the following
equation on a yen selling price basis. Please use the current
exchange rate for the FY2019 forecast.

うちRegular

全体
全体
Overall
Overall
employees
employees
正社員
正社員

１

１

１

１

２

２

２

２

5%５％以上to 10% (notincl.)〜 10％未満３３

３

３0%(not incl.)
to 5% (not incl.)
０％超〜 ５％未満

４４

４

４0%０％

５

５

５

５‐5%(not incl.)
0% (not incl.)−５％超〜to０％未満６６６

６‐10%(not incl.)
to ‐5%−10％超〜 −５％以下

７７７７‐15%(not incl.)
to ‐10%−15％超〜 −10％以下

８８８８‐15%or less
−15％以下９９９９-Please proceed to Q6 if your company is a manufacturingcompany.
-Q5 will be the end of the questionnaire if your company is a
non-manufacturing company.

FY2013 actualresult

Reverse imports
ratio.

FY2014 estimate FY2019 forecast%.

.

%

%

(3) Reason for having an overseas production base
Please choose and circle the one that most applies to your company
as the reason for having an overseas production base.
Please also circle the number in the section "Other relevant reasons(possible to choose up to two)," if any other applies.
It is not required to fill in (3) if “0.0” has been entered for "FY2014
estimate” and “FY2019 forecast” in Q6 (1).
Main reason(choose one)

Other relev antreasons(choose up to two)

1

1

2

2

3

3

4

4

556

67788991010

Labor costs are low
We can easily secure highly-qualif ied personnel (technicaland research staff)
We can enjoy low costs of materials, overall production
processes, distributions, and land/buildings
Strong demand exists, or demand is forecast to expand,f or our products in the local market(s) and markets inneighboring countries
We can cater ef fectively to overseas users’ needs
We have contracts w ith reliable suppliers of parts and/or
raw materials to the local facilities in a stable manner
We have entered the overseas market(s) follow ing entry
by our parent company or customer(s) and so on
We take advantage of industrial development programs
including favorable taxation and/or financing w hich areof fered by the local government(s)Inadequate infrastructure in the local country in question
had prevented us from setting up operations there, but thisissue has now been addressed
Other（ please specif y:

Thank you for your cooperation
2

Please return the completed questionnaire by January 15 (Thursday), 2015