The Ministry of Economy, Trade and Industry (METI) and the Ministry of Internal Affairs and Communications (MIC) have launched the outcomes of the 2021 Economic Census for Business Activity. The census, which goals to completely consider issues associated to accounting, together with gross sales and prices throughout all of Japan’s trade sectors, was performed on June 1, 2021.
The survey discovered that as of that date, Japan had 3,684,049 companies with whole gross sales in 2020 reaching 1,693.3126 trillion yen ($15.1 trillion) and internet worth added amounting to 336.2595 trillion yen. The wholesale and retail commerce trade boasted the very best gross sales, accounting for 28.4% of all industries, adopted by the manufacturing trade with 22.9%, and the medical, healthcare and welfare trade with 10.2%.
The survey, performed each 4 years, is the third of its sort, with the primary two censuses carried out in 2012 and 2016 respectively. The outcomes are anticipated to function key information for precisely figuring out the state of Japan’s numerous industries.
The census additionally counted 5,156,063 personal institutions in Japan, using a complete of 57.95 million individuals. Of these, the wholesale and retail commerce trade accounted for the most important share, with 23.8% of all institutions, adopted by lodging, consuming and ingesting companies at 11.6%, and the development trade at 9.4%.
The data gathered within the census contributes to the accuracy of future statistical surveys concentrating on all institutions and companies, offering beneficial insights into the state of financial exercise throughout all industries and fields in Japan, each nationally and regionally.