The Effects of the Earthquake Disaster

A Hot Tip about Business Environment in Japan

Last updated: 19 Apr 2011

A survey on corporate attitudes concerning the effects of the Great Eastern Japan Earthquake Disaster (Mar.11, 2011). The valid responses were 10,747 companies.

TDB Economic Trends Research Research & Summary for March 2011 Survey on Corporate Attitudes towards the Effects of the Earthquake Disaster and Reconstruction Assistance About 60% of companies see a decrease in demand due to the Great Eastern Japan Earthquake Disaster - About 70% of companies are already making or are considering efforts towards reconstruction assistance - 77.9% of companies are affected by the earthquake disaster. There have been unprecedented disasters?not only the Tohoku Region Pacific Coast Earthquake and the Great Tsunami on March 11, 2011, but also nuclear accidents and power outages. Teikoku Databank conducted a survey on corporate attitudes concerning the effects of Has the earthquake disaster affected your company? the Great Eastern Japan Earthquake Disaster in order to immediately report the results to the central and local governments and economic organizations so that it can contribute to putting together reconstruction assistance measures as part of Japan?s united efforts. Research Period: March 23 to 31, 2011 No Research Subject: 22,097 corporations across the nation * (7.3%, 780 firms) Valid Responses: 10,747 corporations (response rate 48.6%) The points of survey results ? 77.9% of companies are affected by the earthquake disaster. In par Yesticular, more than 80% are affected in ?Tohoku,? ?Minamikanto,? ?Kitakanto.? (77.9%, 8,368 firms) ? Impacted by the Great Eastern Japan Earthquake Disaster, about 60% of companies are seeing a decrease in demand. On the other hand, 19.9% are seeing an increase in demand, which may act as a support in a situation where many others are dealing with a decrease in demand. Note1: * indicates "Not sure" (14.9%, 1,599 firms) ? Note2: Population parameter: 10,747 firms that made valid About 70% of companies are making or are considering efforts towards responses reconstruction assistance. Efforts are being made nationwide, especially in western Japan including ?Chugoku,??Hokuriku,?and?kyusyu.? ? About 70% of companies think that ?stable energy supply? and TDB Economic Trends Research Research & Summary for March 2011 ?infrastructure building? are most needed for reconstruction. Many companies point out the foundations for living and economic activities as what is needed for Japan?s reconstruction. ┬ęTEIKOKU DATABANK, LTD. 2011 TDB Economic Trends Research March 2011 1 Impacted by the Great Eastern Japan Earthquake Disaster, About 70% of companies think ?stable energy supply? and about 60% of companies are seeing a decrease in demand. ?infrastructure building? are most needed for reconstruction. Effects of earthquake disaster What is needed for Japan's reconstruction (multiple answers) *2 Decrease in demand (incl. (%) *1 expectation)?36.0% (3,867 f irms) 90 75.8% Slight decrease in demand (incl. 71.4% (8,148 f irms) expectation)?21.6% (2,322f irms) 80 67.7% Increase in demand (incl. (7,671 f irms) (7,272f irms) Increase in demand expec 59.9%tation) 5.0% (541 f irms) 70 57.0% (incl. expectation) (6,437 f irms) Slight decrease in demand (incl. 52.8% (6,124 f irms) 60 (19.9%, 2,140 firms) expectation)?14.9%(1,599 f irms) Decrease in demand (5,675 f irms) (incl. expectation) 50 38.3% (57.6%, 6,189 firms) (4,115 f irms) 40 28.1% 24.9% 24.3% (3,015 f i rms ) 30 (2,671 f i rms ) (2,612 f irms) Note 1: 20*1 indicates 7.3% or 780 f irms that answ ered "no ef fect"; *2 indicates 15.2% or 1,638 f irms that answ ered "not sure." Note2: Population parameter: 10,747 firms that made valid responses 10 0 About 70% of companies are making or considering efforts towards reconstruction assistance. Efforts towards reconstruction assistance Note 1: "Others" indicates 5.4% or 585 companies Note2: Population parameter: 10,747 f irms that made v alid responses * Giving assistance is unlikely (10.5%, 1,127 firms) We are giving or are expecting to give We want to give assistance a ssi sta nce but are not sure how to do so (50.1%, 5,387 firms) (8.9%, 959 firms) We are considering giving assistance (18.8%, 2,025 firms) Note 1:*1 indicates 11.6% or 1,249 firms which answered "not sure." Note2: Population parameter: 10,747 firms that made valid responses ┬ęTEIKOKU DATABANK, LTD. 2011 TDB Economic Trends Research March 2011 2 Compensation for individuals and corporations in the devastated areas Considering bond issuance and the raising of taxes for reconstruction Risk management and response to business continuity plan (BCP) Middle and long-term assistance to the victims and devastated areas Stable supply of energy, such as electricity, gasoline, etc. Infrastructure building Assistance by volunteers including companies and individuals to the devastated areas Assistance by government offices to the devastated areas Reconstruction visions presented by government offices Fulfilling the financing mechanism for reconstruction
Posted: 18 April 2011, last updated 19 April 2011

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