1 October 2001, 10:32  BoJ Tankan -- 2 (capex forecasts)

The Tankan showed that all surveyed companies plan to cut combined year to March 2002 capital expenditure by 5.8 pct, compared with the 5.9 pct reduction shown in the June survey.
The breakdown that follows compares year to March 2002 capex estimates made in the September survey with those for the same period made in the June survey:

All industries - down 5.8 pct vs down 5.9 pct
All manufacturers - down 3.9 pct vs down 0.4 pct
All non-manufacturers - down 6.5 pct vs down 8.0 pct
Large industry - down 3.1 pct vs down 1.3 pct
Large manufacturers - up 2.8 pct vs up 7.7 pct
Large non-manufacturers - down 7.0 pct vs down 7.1 pct
Mid-sized companies - down 5.2 pct vs down 5.6 pct
Mid-sized manufacturers - down 15.4 pct vs down 10.9 pct
Mid-sized non-manufacturer - down 3.7 pct vs down 4.8 pct
Small industry - down 14.3 pct vs down 18.9 pct
Small manufacturers - down 17.7 pct vs down 20.4 pct
Small non-manufacturers - down 13.0 pct vs down 18.4 pct

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