The Tankan showed that combined year to March 2002 parent pretax profit across all industries is forecast to fall 9.2 pct, compared with the 1.2 pct gain forecast in the June survey.
At large manufacturers, aggregate profits are forecast to fall 18.7 pct in the year to March 2002, compared with the 0.3 pct fall seen in the June report, with non-manufacturers to decline by 1.4 pct compared with a 1.4 pct rise.
The bank provided the following breakdown of profit forecasts for the year to March 2002 compared with the estimates for the same period made in the June report:
All industries - down 9.2 pct vs up 1.2 pct
Large manufacturers - down 18.7 pct vs down 0.3 pct
Large non-manufacturers - down 1.4 pct vs up 1.4 pct
Mid-sized manufacturers - down 28.0 pct vs down 13.3 pct
Mid-sized non-manufacturer - up 5.6 pct vs up 11.3 pct
Small manufacturers - down 25.4 pct vs down 1.4 pct
Small non-manufacturers - down 3.6 pct vs up 1.5 pct

The bank provided the following breakdown of revenue forecasts for the year to March 2002 compared with those for the same period made in the June report:
All industries - down 0.6 pct vs up 0.8 pct
Large manufacturers - down 1.7 pct vs up 1.5 pct
Large non-manufacturers - down 0.7 pct vs up 0.1 pct
Mid-sized manufacturers - down 2.7 pct vs up 0.7 pct
Mid-sized non-manufacturer - up 0.7 pct vs up 1.9 pct
Small manufacturers - down 3.3 pct vs down 1.1 pct
Small non-manufacturers - down 0.7 pct vs down 0.3 pct

As a result, the ratio of parent pretax profit/revenue of large manufacturers is expected at 3.81 pct in the year to March 2002, compared with a 4.53 pct rate seen in the June survey.
The ratio at large non-manufacturers is expected to come in at 2.62 pct, compared with the 2.70 pct forecast in June.