Business Services Industry
Measure for measure
Japan, Inc., July, 2008 by Ken Worsley
Mobile Telephony
* Approximate number of mobile phone subscribers in Japan: 103 million
* Approximate number of new mobile handsets sold each year: 50 million
* Number of new SoftBank Mobile subscribers in May 2008: 173,700
* Number of new AU and DoCoMo subscribers in the same period, respectively: 72,400 and 60,900
* Total numeber of DoCoMo users at the end of May 2008: 53.54 million
* Number of AU subscribers: 30.29 million
* Number of SoftBank subscribers: 18.95 million
* Number of new handsets released by DoCoMo in May 2008:19
* Estimated development costs per new mobile: [yen] 10 billion
Corporate Bankruptcies
* Number of corporate bankruptcies in May 2008 at firms with liabilities of [yen]10 million or more: 994
* Number in April 2008: 1,013
* Number in April May 2007: 1,016
* Industry posting the greatest number of bankruptcies in May 2008: Construction (271)
* Total liabilities left by firms going bankrupt in May 2008: [yen]481.07 billion
* Number of bankruptcies with [yen]1 billion or more in liabilities: 74
* Total number of firms that filed for bankruptoy protection in fiscal 2007: 11,333
* Increase from fiscal 2006: 18.4%
* Number of self-employed people who filed for bankruptey in fiscal 2007: 1,819
* Increase against fiscal 2006: 36%
Real Estate
* Vacancy rate at new office buildings in the five central wards of Tokto in September 2007: 4.74%
* Vacancy rate at new office buildings in the five central wards of Tokyo in March 2008: 6.97%
* Average rent per square meter in the five central wards of Tokyo in March 2008: [yen]6,841
* Increase from the previous year: 12.51%
* Increase form the previous month: 0.38%
* Number of new condominium units sold in the Tokyo area in fiscal 2007: 58,156
* Decline from fiscal 2006: 17.9%
* Average price rise of a new condo unit in the Tokyo area in fiscal 2007: 9.3%
* Number of new units remaining unsold at the end of fiscal 2007: 10,837
* Last year in which the number of unsold units stood above 10,000: 1992
* Average sale price of a condo in the Tokyo area in March 2008: [yen]49.98 million
* Number of consecutive months in which the average price of a new condo unit has risen: 16
Food and Supermarkets
* Percentage of Kikkoman's operating profit derived from North American sales: 48.6%
* Kikkoman's ranking amongst Japanese firms for percentage of operating profit generated in North America:1st
* Percentage of Kikkoman's sales that are dependent on the US market: 23.5%
* Tons of fin whale meat imported from Iceland in May 2008: 80
* Last year in which whale meat was imported into Japan: 1990
* Amount spent on food by the average household in April 2008: [yen]66,374
* Decline form the previous year: 3.1%
* Decline in supermarket sales in Japan in April 2008: 0.8%
* Increase in food sales in Japan at supermarkets in April 2008: 1.3%
* Fall in clothing sales at supermarkets in April 2008: 6.9%
Sources: DoCoMo, KDDI/AU, Softbank, Nihon Keizai Shimbun, Teikoku Databank, Ministry of Internal Affairs, Miki Shoji, Nikkei Veritas, Ministry of Land, Infrastructure and Transport, Japan Real Estate Institute, Japan Chain Stores Association, Statistics Bureau
J@pan Inc's hard information on selected economic sectors and industries Compiled by Ken Worsley of JapanEconomyNews.com
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