【Aging, safety net and fiscal crisis in Japan】No.70: Revenues and Operating Profits by Industry

In this column series, Yukihiro Matsuyama, Research Director at CIGS introduces the latest information about aging, safety net and fiscal crisis in Japan with data of international comparison.

In my previous column (No. 69), I explained that companies' operating profit margins have reached record highs. This column (No.70) outlines the changes in revenue (Table 1) and operating profits (Table 2) between FY 2009 (2009.2Q-2010.1Q) and FY 2016 (2016.2Q-2017.1Q) by industry.

Across all industries, revenues and operating profits have increased by 6.4% and 133.5%, respectively. Even though the oil and coal industry experienced a 33.3% drop in revenue, operating profits still increased by 1,294.5%. It is worth noting that the steel, production machinery, and information and communication machinery industries, which were in deficit in FY 2009, were in surplus in FY 2016.

Table 1 Revenues by industry


(Source)Ministry of Finance

Table 2 Operating profits by industry


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