Column Finance and the Social Security System 2018.03.20
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.
(Source)Ministry of Finance