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JETRO Releases Results of Monthly Survey on Japanese Business Sentiment in East Asia.


Tokyo, Japan, Aug 29, 2006 - (JCN JCN Japan Corporate News
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JCN joint communications network (US DoD) 
 Newswire) - JETRO's monthly survey of Japanese companies This is a list of companies from Japan. Note that 株式会社 can be (and frequently is) read both kabushiki kaisha and kabushiki gaisha (with or without a hyphen). See that article for more details.  and affiliates operating in 12 countries/regions of East Asia East Asia

A region of Asia coextensive with the Far East.



East Asian adj. & n.
 revealed that current sentiment remained subdued in the ASEAN ASEAN: see Association of Southeast Asian Nations.
ASEAN
 in full Association of Southeast Asian Nations

International organization established by the governments of Indonesia, Malaysia, the Philippines, Singapore, and Thailand in
 region, while continuing strong in mainland China in August.

JETRO JETRO Japan External Trade Organization  polls the companies to measure year-on-year changes, expressed as diffusion indices, in their business outlooks for the current month and the next two to three months going forward.

Overall current business sentiment for the five ASEAN countries included in the survey improved 3.4 points over the previous month; the index, however, remained in negative territory for the ninth straight month in August. Individual indices improved for all countries over the previous month with the exception of Singapore. In Thailand, buoyant sentiment was noted among Japanese firms in the country's transport equipment sector, due to growing exports and recovering domestic demand. On the back of expanding global demand for semiconductors, strong business confidence among Japanese electric/electronics manufacturers in Malaysia and the Philippines helped push indices higher in these countries.

Overall forward business sentiment for the ASEAN region declined 0.7 points in this month's survey. The index for Indonesia (which had been on a downward trend since November 2005), improved a dramatic 24.4 points in August, due to an expected recovery in domestic demand for transport equipment and electric/electronics equipment.

Overall current business sentiment for China and North Asia North Asia or Northern Asia is a subregion of Asia. The most common definition of the term is;
  • The Asian part of Russia, namely Asian Siberia; however, by some definitions, not all of Northern Asia is part of Siberia.
 declined 5.8 points over the previous month in August. By location, the index for Taiwan fell 14.8 points (and remained in negative territory for the fifth straight month), due to depressed sentiment among firms in the country's transport equipment, petroleum/chemical/steel and metals sectors. Although the index for North China slipped 22.4 points--owing to stagnant demand in foreign markets--overall current sentiment for mainland China remained buoyant (the index is now at 14.5). The index for Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov.  (now at 14.6) continued strong, while the index for the Republic of Korea (ROK) leveled off in August to 6.7.

Overall forward business sentiment for China and North Asia declined 1.7 points in this month's survey. Indices for mainland China and Hong Kong remained strong, while those for ROK and Taiwan continued on a downward trend.

A total of 769 replies were received in ASEAN countries (124 in Indonesia, 107 in Malaysia, 204 in the Philippines, 223 in Singapore and 111 in Thailand), 220 in China (48 in the North, 59 in the Northeast, 72 in the East and 41 in the South); 137 in Hong Kong; 30 in the ROK and 106 in Taiwan.

JETRO, in cooperation with Japan's Ministry of Economy, Trade and Industry The Ministry of Economy, Trade and Industry (経済産業省  , has been conducting the survey in the first week of every month since June 2001 in the five major ASEAN countries, since June 2002 in South China, Hong Kong and Taiwan, since July 2002 in North and East China, and since October 2002 in the ROK and Northeast China Northeast China (Simplified Chinese: 中国东北; Traditional Chinese: 中國東北; Pinyin: . Results for the ROK are broken down into manufacturing and non-manufacturing only, but not by industry, and no breakdown is given for Northeast China, due to the small numbers of companies surveyed in these areas.

The aim of the survey is to provide up-to-date information on business conditions in the Asian economy to help companies develop more effective business strategies. Firms are asked to compare earnings prospects, supply and demand, inventory, sales prices and accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying  with the same period one year earlier. The current month and the following two to three months are evaluated separately in each question. Replies are limited to "better," "same" or "worse" than a year earlier. The diffusion index Diffusion Index

1. A measure of the percentage of stocks that have advanced in price or are showing a positive momentum over a defined period. It is used in the technical analysis of stocks.

2.
 is the difference between the ratio of positive ("better") and negative ("worse") responses.

About JETRO

The Japan External Trade Organization Japan External Trade Organization (日本貿易振興会  , or JETRO, is a government-related organization that works to promote mutual trade and investment between Japan and the rest of the world. Originally established in 1958 to promote Japanese exports abroad, JETRO's core focus in the 21st century has shifted toward promoting foreign direct investment into Japan and helping small- to medium-sized Japanese firms maximize their global export potential.

Source: JETRO

Contact:
Japan External Trade Organization (JETRO)
Public Relations Division
E-mail: webinfo@jetro.go.jp
http://www.jetro.go.jp


Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K.
COPYRIGHT 2006 Japan Corporate News Network K.K.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:JCN Newswires
Date:Aug 29, 2006
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