Column 　Finance and the Social Security System 　2018.03.20

【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.
Aging Society&Others
Yukihiro MATSUYAMA
Yukihiro MATSUYAMA
Research Director

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

180318_matsuyama_fig01.png

（Source）Ministry of Finance



Table 2 Operating profits by industry

180318_matsuyama_fig02.png