The results of the Fall 2009 Business Confidence Survey themed "More Black than Red - Moving in the Right Direction" are now available. Although the reported sales and profitability figures for the past six months were still in the red (although less that in the previous survey - Spring 2009), this survey shows that the surveyed companies see some positive developments, both regarding the state of the Japanese economy and their own performance.
According to survey, the economy for the next 6 months is expected to move into black, +0.25 (compared to -0.44 in spring 2009), and looking 12 months ahead, the companies see a continued turn for the better - the index shows +0.66 (+0.21 in the previous survey). Even more importantly, the forecasts for the coming six months for sales and profitability both show a notable growth. The sales forecast index was +0.47 (previous survey +0.15) and that for profitability +0.40 (+0.13).
To learn more and download the full report, please go to www.fcc.or.jp/fcij/bcs.html
