Printer Friendly
The Free Library
14,695,195 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Japanese Business Sentiment in East Asia Declined Slightly in March.


Tokyo, Japan, Mar 23, 2006 - (JCN JCN Japan Corporate News
JCN Journal of Cognitive Neuroscience
JCN Journal of Cardiovascular Nursing
JCN Journal of Christian Nursing
JCN Job Control Number
JCN Journal of Child Neurology
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 overall current business sentiment declined slightly 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 in March, while continuing on its upward trend (since the end of 2005) in mainland China.

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 continued to decline in March, slipping 7.4 points over the previous month. By country, indices for Indonesia, Malaysia and the Philippines remained in negative territory in March.

Although overall forward business sentiment for the ASEAN region improved slightly in this month's survey, the index for Indonesia continued to decline in March.

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.
 fell 1.0 point over the previous month in March. Driven by strong domestic demand, the overall index for mainland China, however, rose 5.8 points, with sentiments in all surveyed regions in China (excluding 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.  and Taiwan) improving in this month's survey. The index for the Republic of Korea (ROK) remained strong (now at over 40), on the back of the country's robust domestic economy.

Overall forward business sentiment for China and North Asia improved slightly in March, with Japanese businesses in mainland China showing continued strong business confidence.

As a supplement to the regular monthly survey, JETRO included a question in the March survey regarding the impact (if any) of continued oil price hikes on current business sentiment. Overall, less than half of respondents (41.1% ) reported "negative impacts". By country/region, 47.5% of firms in the ASEAN region and 32.1% of firms in China and North Asia reported negative impacts in the March survey. Indonesia had the highest individual percentage, at 71.1%, suggesting that rising fuel prices there continue to be a major source of concern for Japanese firms in the country.

A total of 731 replies were received in ASEAN countries (120 in Indonesia, 107 in Malaysia, 209 in the Philippines, 206 in Singapore and 89 in Thailand), 236 in China (57 in the North, 73 in the Northeast, 64 in the East and 42 in the South); 139 in Hong Kong; 37 in the ROK and 114 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 Japan External Trade Organization Japan External Trade Organization (日本貿易振興会   (JETRO)

JETRO, or the Japan External Trade Organization, 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 size Japanese firms maximize their global export potential.

Source: Japan External Trade Organization (JETRO)

Contact:
Japan External Trade Organization (JETRO)
Public Relations Division
E-mail: webinfo@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.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:JCN Newswires
Date:Mar 23, 2006
Words:697
Previous Article:Toyota Establishes Study Assistance Fund in China.
Next Article:Toyota to Strengthen Visual Identities of Japanese Dealers.



Related Articles
JETRO: Japanese Business Sentiment in East Asia Declined in August.
Japanese Business Sentiment in East Asia Declined in February: JETRO Monthly Survey.
JETRO Releases Results of Its Latest Survey of Japanese Businesses in East Asia.
JETRO Releases Results of Monthly Survey of Japanese Businesses in East Asia.
JETRO Releases Results of Monthly Survey on Japanese Business Sentiment in East Asia.
JETRO Releases Results of Monthly Survey on Japanese Business Sentiment in East Asia.
JETRO Releases Results of Monthly Survey on Japanese Business Sentiment in East Asia.
JETRO Monthly Survey Finds Japanese Business Sentiment in East Asia Continues Mixed in October.
JETRO Monthly Survey Finds Japanese Business Sentiment in East Asia Continues Mixed in November.
JETRO Monthly Survey, Japanese Business Sentiment in East Asia Continues Mixed in February.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles