Questions & answers (%)
Q: What is your assessment of the current domestic economy?
|
(1) It is expanding |
0.0 |
|
(2) It is expanding moderately |
28.6 |
|
(3) It is leveling off |
54.3 |
|
(4) It is worsening moderately |
15.7 |
|
(5) It is worsening |
1.4 |
- Q: (Only for those who gave answer (1) or (2) to the foregoing question) What are the key reasons why the domestic economy is expanding? (Select up to four reasons.)
|
(1) Bank of Japan’s monetary easing policies |
20.0 |
|
(2) Economic recovery in U.S. |
47.5 |
|
(3) Economic recovery in China |
80.0 |
|
(4) Economic recovery in Europe |
2.5 |
|
(5) Economic recovery in newly emerging nations (excluding China) |
2.5 |
|
(6) Increase in capital investment |
22.5 |
|
(7) Recovery in personal consumption |
42.5 |
|
(8) Rise in stock prices |
27.5 |
|
(9) Rise in wages |
0.0 |
|
(10) Yen appreciation |
0.0 |
|
(11) Yen depreciation |
5.0 |
|
(12) Increase in public works spending |
5.0 |
|
(13) Relaxation of restrictions placed on economic activities due to the COVID-19 pandemic |
27.5 |
|
(14) Government’s economic measures related to the COVID-19 pandemic |
27.5 |
|
(15) Other answers (O/A) |
10.0 |
- Q: (Only for those who gave answer (3) to the foregoing question) What are the key reasons why the domestic economy is leveling off? (Select up to four reasons.)
|
(1) Bank of Japan’s monetary easing policies |
2.6 |
|
(2) Economic slowdown in the U.S. |
6.6 |
|
(3) Economic slowdown in China |
0.0 |
|
(4) Economic slowdown in Europe |
5.3 |
|
(5) Economic slowdown in newly emerging nations (excluding China) |
1.3 |
|
(6) Drop in capital investment |
21.1 |
|
(7) Slowdown in personal consumption |
75.0 |
|
(8) Drop in stock prices |
0.0 |
|
(9) Sluggishness in wages |
15.8 |
|
(10) Yen appreciation |
0.0 |
|
(11) Yen depreciation |
0.0 |
|
(12) Decrease in public works spending |
0.0 |
|
(13) Slowdown in consumption by foreign tourists |
32.9 |
|
(14) Restrictions on economic activities due to the COVID-19 pandemic |
86.8 |
|
(15) Inadequacy of the government’s economic measures related to the COVID-19 pandemic |
10.5 |
|
(16) O/A |
11.8 |
- Q: (Only for those who gave answer (4) or (5) to the foregoing question) What are the key reasons why the domestic economy is worsening? (Select up to four reasons.)
|
(1) Bank of Japan’s monetary easing policies |
0.0 |
|
(2) Economic slowdown in the U.S. |
0.0 |
|
(3) Economic slowdown in China |
0.0 |
|
(4) Economic slowdown in Europe |
16.7 |
|
(5) Economic slowdown in newly emerging nations (excluding China) |
0.0 |
|
(6) Drop in capital investment |
4.2 |
|
(7) Slowdown in personal consumption |
91.7 |
|
(8) Drop in stock prices |
0.0 |
|
(9) Sluggishness in wages |
25.0 |
|
(10) Yen appreciation |
0.0 |
|
(11) Yen depreciation |
0.0 |
|
(12) Decrease in public works spending |
0.0 |
|
(13) Slowdown in consumption by foreign tourists |
37.5 |
|
(14) Restrictions on economic activities due to the COVID-19 pandemic |
100.0 |
|
(15) Inadequacy of the government’s economic measures related to the COVID-19 pandemic |
12.5 |
|
(16) O/A |
16.7 |
Q: What is your forecast for the domestic economy six months from now (i.e., around September 2021)?
|
(1) It will be expanding |
5.0 |
|
(2) It will be expanding moderately |
85.0 |
|
(3) It will be leveling off |
6.4 |
|
(4) It will be worsening moderately |
0.7 |
|
(5) It will be worsening |
0.7 |
|
N/A |
2.2 |
- Q: (Only for those who gave answer (1) or (2) to the foregoing question) What are the key reasons why the domestic economy will be expanding? (Select up to four reasons.)
|
(1) Bank of Japan’s monetary easing policies |
6.3 |
|
(2) Economic recovery in U.S. |
45.2 |
|
(3) Economic recovery in China |
36.5 |
|
(4) Economic recovery in Europe |
5.6 |
|
(5) Economic recovery in newly emerging nations (excluding China) |
1.6 |
|
(6) Increase in capital investment |
22.2 |
|
(7) Recovery in personal consumption |
76.2 |
|
(8) Rise in stock prices |
3.2 |
|
(9) Rise in wages |
0.0 |
|
(10) Yen appreciation |
0.8 |
|
(11) Yen depreciation |
1.6 |
|
(12) Increase in public works spending |
2.4 |
|
(13) Relaxation of restrictions placed on economic activities due to the COVID-19 pandemic |
86.5 |
|
(14) Government’s economic measures related to the COVID-19 pandemic |
31.0 |
|
(15) Other answers (O/A) |
20.6 |
- Q: (Only for those who gave answer (3) to the foregoing question) What are the key reasons why the domestic economy will be leveling off? (Select up to four reasons.)
|
(1) Bank of Japan’s monetary easing policies |
0.0 |
|
(2) Economic slowdown in the U.S. |
33.3 |
|
(3) Economic slowdown in China |
11.1 |
|
(4) Economic slowdown in Europe |
11.1 |
|
(5) Economic slowdown in newly emerging nations (excluding China) |
11.1 |
|
(6) Drop in capital investment |
33.3 |
|
(7) Slowdown in personal consumption |
77.8 |
|
(8) Drop in stock prices |
0.0 |
|
(9) Sluggishness in wages |
22.2 |
|
(10) Yen appreciation |
0.0 |
|
(11) Yen depreciation |
0.0 |
|
(12) Decrease in public works spending |
0.0 |
|
(13) Slowdown in consumption by foreign tourists |
66.7 |
|
(14) Restrictions on economic activities due to the COVID-19 pandemic |
77.8 |
|
(15) Inadequacy of the government’s economic measures related to the COVID-19 pandemic |
11.1 |
|
(16) O/A |
22.2 |
- Q: (Only for those who gave answer (4) or (5) to the foregoing question) What are the key reasons why the domestic economy will be worsening? (Select up to four reasons.)
|
(1) Bank of Japan’s monetary easing policies |
0.0 |
|
(2) Economic slowdown in the U.S. |
0.0 |
|
(3) Economic slowdown in China |
0.0 |
|
(4) Economic slowdown in Europe |
0.0 |
|
(5) Economic slowdown in newly emerging nations (excluding China) |
0.0 |
|
(6) Drop in capital investment |
0.0 |
|
(7) Slowdown in personal consumption |
100.0 |
|
(8) Drop in stock prices |
0.0 |
|
(9) Sluggishness in wages0 |
50.0 |
|
(10) Yen appreciation |
0.0 |
|
(11) Yen depreciation |
0.0 |
|
(12) Decrease in public works spending |
0.0 |
|
(13) Slowdown in consumption by foreign tourists |
50.0 |
|
(14) Restrictions on economic activities due to the COVID-19 pandemic |
100.0 |
|
(15) Inadequacy of the government’s economic measures related to the COVID-19 pandemic |
50.0 |
|
(16) O/A |
0.0 |
Q: What is your assessment of the current global economy?
|
(1) It is expanding |
0.0 |
|
(2) It is expanding moderately |
49.3 |
|
(3) It is leveling off |
41.4 |
|
(4) It is worsening moderately |
7.1 |
|
(5) It is worsening |
1.4 |
|
N/A |
0.8 |
- Q: (Only for those who gave answer (1) or (2) to the foregoing question) Select up to four reasons [for your answer].
|
(1) Economic recovery in U.S. |
89.9 |
|
(2) Economic recovery in China |
98.6 |
|
(3) Economic recovery in Europe |
10.1 |
|
(4) Economic recovery in newly emerging nations (excluding China) |
4.3 |
|
(5) Rise in prices of resources and crude oil |
1.4 |
|
(6) Drop in prices of resources and crude oil |
0.0 |
|
(7) Decrease in geopolitical risks, including terrorism |
0.0 |
|
(8) Monetary policy of the Federal Reserve Board (FRB) |
15.9 |
|
(9) Stability of the world financial system |
7.2 |
|
(10) Political stability in Europe |
0.0 |
|
(11) Stability in DPRK situation |
1.4 |
|
(12) Relaxation of restrictions placed on economic activities due to the COVID-19 pandemic |
40.6 |
|
(13) Economic measures taken by national governments to address the COVID-19 pandemic |
62.3 |
|
(14) O/A |
7.2 |
- Q: (Only for those who gave answer (3) to the foregoing question) Select up to four reasons [for your answer].
|
(1) Economic slowdown in the U.S. |
31.0 |
|
(2) Economic slowdown in China |
6.9 |
|
(3) Economic slowdown in Europe |
58.6 |
|
(4) Economic slowdown in newly emerging nations (excluding China) |
19.0 |
|
(5) Rise in prices of resources and crude oil |
1.7 |
|
(6) Drop in prices of resources and crude oil |
1.7 |
|
(7) Increase in geopolitical risks, including terrorism |
0.0 |
|
(8) Monetary policy of the Federal Reserve Board (FRB) |
1.7 |
|
(9) Increasing instability in the world financial system |
1.7 |
|
(10) Growing political instability in Europe |
0.0 |
|
(11) U.S.-China trade friction |
27.6 |
|
(12) Growing tensions in the DPRK situation |
0.0 |
|
(13) Restrictions placed on economic activities due to the COVID-19 pandemic |
94.8 |
|
(14) Inadequacy of national governments’ economic measures related to the COVID-19 pandemic |
15.5 |
|
(15) O/A |
10.3 |
- Q: (Only for those who gave answer (4) or (5) to the foregoing question) Select up to four reasons [for your answer].
|
(1) Economic slowdown in the U.S. |
41.7 |
|
(2) Economic slowdown in China |
16.7 |
|
(3) Economic slowdown in Europe |
33.3 |
|
(4) Economic slowdown in newly emerging nations (excluding China) |
0.0 |
|
(5) Rise in prices of resources and crude oil |
0.0 |
|
(6) Drop in prices of resources and crude oil |
0.0 |
|
(7) Increase in geopolitical risks, including terrorism |
0.0 |
|
(8) Monetary policy of the Federal Reserve Board (FRB) |
0.0 |
|
(9) Increasing instability in the world financial system |
0.0 |
|
(10) Growing political instability in Europe |
0.0 |
|
(11) U.S.-China trade friction |
25.0 |
|
(12) Growing tensions in the DPRK situation |
0.0 |
|
(13) Restrictions placed on economic activities due to the COVID-19 pandemic |
83.3 |
|
(14) Inadequacy of national governments’ economic measures related to the COVID-19 pandemic |
8.3 |
|
(15) O/A |
8.3 |
Q: What is your forecast for the global economy six months from now (i.e., around September 2021)?
|
(1) It will be expanding |
6.4 |
|
(2) It will be expanding moderately |
83.6 |
|
(3) It will be leveling off |
5.7 |
|
(4) It will be worsening moderately |
0.7 |
|
(5) It will be worsening |
0.7 |
|
N/A |
2.9 |
- Q: (Only for those who gave answer (1) or (2) to the foregoing question) Select up to four reasons [for your answer].
|
(1) Economic recovery in U.S. |
84.9 |
|
(2) Economic recovery in China |
70.6 |
|
(3) Economic recovery in Europe |
30.2 |
|
(4) Economic recovery in newly emerging nations (excluding China) |
11.1 |
|
(5) Rise in prices of resources and crude oil |
0.0 |
|
(6) Drop in prices of resources and crude oil |
0.0 |
|
(7) Decrease in geopolitical risks, including terrorism |
0.0 |
|
(8) Monetary policy of the Federal Reserve Board (FRB) |
4.8 |
|
(9) Stability of the world financial system |
1.6 |
|
(10) Political stability in Europe |
1.6 |
|
(11) Stability in DPRK situation |
0.0 |
|
(12) Relaxation of restrictions placed on economic activities due to the COVID-19 pandemic |
84.1 |
|
(13) Economic measures taken by national governments to address the COVID-19 pandemic |
49.2 |
|
(14) O/A |
15.1 |
- Q: (Only for those who gave answer (3) to the foregoing question) Select up to four reasons [for your answer].
|
(1) Economic slowdown in the U.S. |
25.0 |
|
(2) Economic slowdown in China |
12.5 |
|
(3) Economic slowdown in Europe |
37.5 |
|
(4) Economic slowdown in newly emerging nations (excluding China) |
37.5 |
|
(5) Rise in prices of resources and crude oil |
12.5 |
|
(6) Drop in prices of resources and crude oil |
0.0 |
|
(7) Increase in geopolitical risks, including terrorism |
0.0 |
|
(8) Monetary policy of the Federal Reserve Board (FRB) |
0.0 |
|
(9) Increasing instability in the world financial system |
0.0 |
|
(10) Growing political instability in Europe |
0.0 |
|
(11) U.S.-China trade friction |
50.0 |
|
(12) Growing tensions in the DPRK situation |
25.0 |
|
(13) Restrictions placed on economic activities due to the COVID-19 pandemic |
87.5 |
|
(14) Inadequacy of national governments’ economic measures related to the COVID-19 pandemic |
12.5 |
|
(15) O/A |
12.5 |
- Q: (Only for those who gave answer (4) or (5) to the foregoing question) Select up to four reasons [for your answer].
|
(1) Economic slowdown in the U.S. |
50.0 |
|
(2) Economic slowdown in China |
0.0 |
|
(3) Economic slowdown in Europe |
50.0 |
|
(4) Economic slowdown in newly emerging nations (excluding China) |
0.0 |
|
(5) Rise in prices of resources and crude oil |
0.0 |
|
(6) Drop in prices of resources and crude oil |
0.0 |
|
(7) Increase in geopolitical risks, including terrorism |
0.0 |
|
(8) Monetary policy of the Federal Reserve Board (FRB) |
0.0 |
|
(9) Increasing instability in the world financial system |
0.0 |
|
(10) Growing political instability in Europe |
0.0 |
|
(11) U.S.-China trade friction |
0.0 |
|
(12) Growing tensions in the DPRK situation |
0.0 |
|
(13) Restrictions placed on economic activities due to the COVID-19 pandemic |
100.0 |
|
(14) Inadequacy of national governments’ economic measures related to the COVID-19 pandemic |
100.0 |
|
(15) O/A |
0.0 |
Q: COVID-19 vaccinations have started to be administered in nations around the world. When do you think the COVID-19 situation will be under control worldwide?
|
(1) Spring of 2021 |
0.0 |
|
(2) Summer of 2021 |
0.9 |
|
(3) Autumn of 2021 |
3.4 |
|
(4) Winter of 2021 |
3.4 |
|
(5) 2022 |
69.9 |
|
(6) 2023 |
17.3 |
|
(7) 2024 |
1.7 |
|
(8) 2025 or thereafter |
3.4 |
Q: As of April this year, five years have passed since the Act on the Promotion of Female Participation and Career Advancement in the Workplace came into effect as limited-time legislation. What percentage of your company’s full-time employees today are women?
|
(1) 10% or less |
13.6 |
|
(2) 20% |
52.9 |
|
(3) 30% |
12.9 |
|
(4) 40% |
4.3 |
|
(5) 50% |
7.1 |
|
(6) 60% |
4.3 |
|
(7) 70% |
1.4 |
|
(8) 80% |
2.1 |
|
(9) 90% or more |
1.4 |
[Polling methodology: The Nikkei periodic questionnaire survey of presidents (including chairpersons) of major Japanese companies was taken on March. 12–29, 2021. Responses were received from 141 company executives.]
Note: Figures are rounded off.
(Abridged)
