Chiba Business Performance & COVID-19 Impact.pdf

- Target Companies: Businesses with their headquarters or main office in Chiba Prefecture.
- Survey Method: Mail-based questionnaire.
- Survey Period: Distribution: September 1, 2020; Collection: October 12, 2020.
- Response Status: Total target companies: 565; Valid responses: 222; Response rate: 39.3%.
- 2020 Upper Half-Year Business Performance:
- Overall: Significant decrease in sales and profits compared to the upper half of 2019.
- Net increase in sales and profits enterprises: 48.8% and 48.6% respectively, a significant decrease from the previous year.
- Manufacturing and non-manufacturing industries: All segments showed more decreases than increases in sales and profits.
- Non-manufacturing industries had a larger decrease in sales and profits than manufacturing industries.
- 2020 Full-Year Business Performance:
- Overall: Net increase in sales and profits enterprises was 49.9% and 47.2% respectively, an improvement from the June 2020 forecast but still a significant decrease from the previous year.
- Manufacturing and non-manufacturing industries: All segments showed negative growth, with non-manufacturing small and medium enterprises having the largest decrease.
- Non-manufacturing large enterprises showed signs of recovery compared to the June 2020 forecast.
- Survey Questions:
- 2020 upper half-year and full-year sales and ordinary profit forecasts compared to 2019.
- Impact of the COVID-19 pandemic on business operations and future strategies.
- Purpose of the Survey: To understand the business outlook and post-COVID-19 strategies of Chiba Prefecture-based companies.