Cabinet Office

FY2021Annual 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, 2022

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, etc., has changed.
3 Please answer Q2 (break-even yen-dollar rate) only if your company is an exporter.
4 Please answer on a consolidated basis except for Q4 (Change in the number of employees). If your company does not have subsidiaries,
please answer for your company only for all questions.
5 Please answer Q5 (Overseas production ratio) only if your company is a manufacturer.
Company No.

Sector

0.1 to 1
1 to 55 to 1010 billion
billion yen billion yen billion yenyen or(not incl.) (not incl.) (not incl.)
more〒PositionNamePLEAddress

Completed byCapital SizeCompanyName

business
establishment
where thisquestionnaire
was completed

１２３４

Telephone
Number（）Extension

Growth rate of capital investment

Business outlook and demand forecast

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 FY2022, the next 3 years (average ofFY2022–2024) and the next 5 years (average of FY2022–2026).
Please refer to the industry code (middle classification) specified
by the stock exchange with regard to your industry. If yourcompany’s business spans multiple divisions, please reply interms of the industry of your largest division.

Q3 How does your company view the annual average percentagechanges in capital investment (construction work basis) for the
next 3 years (average of FY2022–2024)? Please choose andcircle the one number that applies as the future forecast.
Please exclude the purchase of land, the purchase of used items
and transfers from the construction in progress account.

Next 3 years

今後３年間Next 3 years

FY2022
平成29年度

今後５年間
Next 5 years（ (average平 成 29～of31
FY2022–2024)
年度平均）

増減率
Rate ofSAM（(average平 成 29～of33
FY2022–2026)
年度平均）Japan’snominal
我が国のeconomic growth
名目経済成長率
rate.

％

.

％

.

％

Japan’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
demand.

％

.

％

.

％

貴業界の需要のReal growth rateof industry
demand
実質成長率.

％

.

％

.

％

(Reference) The past 3 years’ % changes in gross domestic
product (GDP), which represents Japan’s economic growthrate, are as follows:
FY2018FY2019FY2020

今後３年間(average of(令和４～６年度平均)
FY2022–2024)

25%
or more25％以上

120%
to 25%～(notincl.)
20％以上
25％未満

215%
to 20%～(notincl.)
15％以上
20％未満

3

10％以上
15％未満
10%
to 15%～(notincl.)

45%
to 10% (notincl.)
５％以上～ 10％未満

5０％超～ ５％未満0%(not incl.)
to 5% (not60%０％

7-5%(not incl.)～to０％未満
0% (not incl.)
－５％超

8-10%
(not incl.)-5%－10％超～ to－5％以下

9

Nominal economic growth rate

0.1%

0.3%

-3.9%-15%(not incl.)
to -10%－15％超～ －10％以下

10

Real economic growth rate

0.2%-0.5%-4.4%-20%(not incl.)-15%－20％超～ to－15％以下

11-25%(not incl.)
to -20%－25％超～ －20％以下

12-25%or less－25％以下

13

No capital investment
設備投資を行う予定がない
isplanned14

Source: “Quarterly Estimates of GDP Jul.–Sep. 2021 (The 1st Preliminary),chained” by the Cabinet Office(Published on November 15, 2021)

Break-even yen-dollar rate

Q2 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 boxbelow.
Please reply with regard to your main product if conditions varysignificantly between products and plants and it is difficult tomake a uniform calculation.
US$ =yenQ2 is to be answered by exporting companies only.If you are not
an exporting company, please enter "0" in the right-hand column.
1(please turn over)Change in the number of employees

Overseas production ratio

Q4 With regard to the situation of the number of employees atyour company in your forecast for the next 3 years (average ofFY2022–2024), please choose and circle the one number thatapplies as the future forecast.
Please respond regarding the state only at your company, ratherthan on a consolidated basis.

(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 FY2026 forecast.
海外現地生産による生産高
Volumeof overseas production
Overseas
production ＝
海外現地生産比率
Volume of
国内生産
海外現地生産Volume ofratio＋overseas
domesticによる生産高による生産高Next 3 years
今後３年間(average of(令和４～６年度平均)
FY2022–2024)

15% or more
15％以上

110% to 15%～(notincl.)
10％以上
15％未満

25% to 10% ～(not10％未満incl.)
５％以上

30% (not incl.)
to 5% (not incl.)
０％超～ ５％未満40%０％

5-5%(not incl.)
0% (not－５％超～to０％未満

6-10%(not incl.)
to -5%－10％超～ －5％以下

7-15%(not incl.)
to -10%－15％超～ －10％以下

8-15%or less－15％以下

9Q5 With regard to overseas production ratios, what are yourcompany’s “FY2020 actual figures,” “FY2021 estimate” and“FY2026 forecast”? Please fill in the boxes below (figures up toone decimal place).
Please enter “0.0” if your company does not produce abroad.

(Note) Please consider overseas production as production doneby a local corporation through foreign direct investment under theForeign Exchange and Foreign Trade Act.
If there are any co-investors on the Japanese side in theoverseas local corporation, this question is to be answered by thecompany with the largest investment ratio (or managing company
if the companies invested equally).

PLE

Rateof change
増減率

Q5 is to be answered by manufacturing companies only.

SAM-Please proceed to Q5 if your company is a manufacturingcompany.
-Q4 will be the end of the questionnaire if your company
is a non-manufacturing company.

FY2020平成27年度
actual実 result績

海外現地生産Overseas
production
比 率ratio.

平成28年度FY2021estimate
実績見込み%.

平成33年度FY2026
forecast
見通し.

%

%

(2) 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 (2) if “0.0” has been entered for "FY2021estimate” and “FY2026 forecast” in Q5 (1).
Main reason(choose one)

Other relev antreasons(choose up to two)Labor costs are low

11

We can easily secure highly-qualified 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,for our products in the local market(s) and markets inneighboring countries

2

2

3

344

We can cater effectively to overseas users’ needs

55

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 areoffered 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 addressedOther（please specify:

667788991010

ご協力ありがとうございました。
Thank
you for your cooperation
記入済み調査票は、
平 成 2 9questionnaire
年 １ 月 16日 （までにご返送ください。
January
15 (Saturday), 2022
Pleasereturn the completedby月 ）2