Infographic Sheets about indices of industrial activities in Chubu Region of JAPAN September 2014

Indices of Industrial Activitiesin Chubu Region of Japan

(Production, Shipment and Inventory)

Infographic Sheets about indices of industrial activities

in Chubu Region of JapanSeptember 2014

Economic Analysis OfficeMinistry of Economy, Trade

and Industry (METI)Japan

Introducing the Chubu Region

The Chubu Region is located roughly in the middle ofJapan. Because of its prime location, which is servedby roads, railways, airports, sea ports and abundantwater resources, it is home to one of Japan’sforemost manufacturing hubs, known first andforemost for the transportation machinery producedin the area.Chubu is expected to remain a driving force behindJapan’s economy as a key source of advanced andwide-ranging industrial technologies.

SOURCE http://www.chubu.meti.go.jp/koho/pamphlet/26pamphleta_e.pdf

3

Trends of Indices of Industrial Production • The indices of industrial production for the third quarter* of 2014 increased for the

first time in two quarters, up by 2.1% from the previous quarter, 111.7.• This is the highest level since the first quarter of 2014, 114.5.

*July to September period

Note: 1. Indices of Industrial Production (IIP) cover mining and manufacturing industry and are published every month.The index is expressed as a percentage of production, shipments, and inventory of mining and manufacturing industry in a base year, currently 2010. IIP indicate the trend of whole mining and manufacturing industry, such as enterprise production activities, supply and demand trends of produced products, etc.

2.The shadowed portions represent recession periods. (The term from the third to fourth quarter of 2012 is provisional.)

＜Chubu Bureau of Economy, Trade and Industry＞

114.5

111.7

707580859095

100105110115120

Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ

2008 2009 2010 2011 2012 2013 2014

（2010 = 100, seasonally adjusted）

4

Trends of Indices of Industrial Shipments

Note: The shadowed portions represent recession periods.(The term from the third to fourth quarter of 2012 is provisional.)

• The indices of industrial shipments for the third quarter of 2014 increased for the first time in two quarters up by 0.3% from the pervious quarter, 108.5.

• This is the highest level since the first quarter of 2014, 111.2.


111.2

108.5

65707580859095

100105110115120125


2008 2009 2010 2011 2012 2013 2014


5

Trends of Indices of Industrial Inventories


• The indices of industrial inventories for the third quarter of 2014 increased for the third consecutive quarter up by 0.8% from the pervious quarter, 111.9.

• This is the highest level since the second quarter of 2013, 112.4.


112.4 111.9

95

100

105

110

115

120

125


2008 2009 2010 2011 2012 2013 2014


6

Trends of Indices of Industrial Inventory rate


• The indices of industrial inventory rate for the third quarter of 2014 increased for the first time in two quarters up by 3.4% from the pervious quarter, 120.0.

• This is the highest level since the fourth quarter of 2012, 125.0.


125.0 120.0

90

100

110

120

130

140

150

160

170


2008 2009 2010 2011 2012 2013 2014


7

Contribution ratio by industry of Indices of Industrial Production

Note: Others includes Non-ferrous metals, Fabricated metals, Ceramics, stone and clay products, Petroleum and coal products, Plastic products, Pulp, paper and paper products, Textiles, Foods, Other manufacturing, and Mining.

Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ

2008 2009 2010 2011 2012 2013 2014

▲ 30

▲ 20

▲ 10

0

10

20

Iron and steelGeneral-purpose, production and business oriented machineryElectronic parts and devicesElectrical machineryInformation and communication electronics equipmentTransport equipmentChemicalsOthersMining and manufacturing

（Seasonally adjusted, Compared to the previous quarter, %, % points）


8

Trends of Indices of Industrial Production for processing industries

40

60

80

100

120

140

160

180

200


2008 2009 2010 2011 2012 2013 2014


General purpose, production and business oriented machinery

Electrical machinery

Electronic parts and devices

Information and communication electronics equipment

Transport equipment



9

5060708090

100110120130140150


2008 2009 2010 2011 2012 2013 2014


Iron and steel

Pulp, paper and paper products

Non-ferrous metalsChemicals

Ceramics, stone and clay products

Textiles


Trends of Indices of Industrial Production for the materials industries


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Note: 1. Outline of goods･Investment Goods: products for capital formation including cranes and metal cutting machinery･Construction Goods: products for construction activities including structural steel frames and cement･Durable consumer goods: products for consumption by households including television and electric refrigerators･Non-durable consumer goods: products for consumption by households including foods and clothes･Producer Goods: products which are input as raw materials

2. The shadowed portions represent recession periods.(The term from the third to fourth quarter of 2012 is provisional.)

405060708090

100110120130140150


2008 2009 2010 2011 2012 2013 2014


Construction goods

Capital goods

Durable consumer goods

Non-durable consumer goods

Producer goods

Trends of Indices of Industrial Shipments (by type of goods)＜Chubu Bureau of Economy, Trade and Industry＞

11

Changes in the Inventory Cycle

▲15

▲10

▲5

0

5

10

15

▲15 ▲10 ▲5 0 5 10 15

% C

hang

e in

inve

ntor

y fr

om th

e en

d of

the

sam

equ

arte

r of t

he p

revi

ous y

ear

% Change in production from the same quarter of the previous year

2014ⅢIn

vent

ory

adju

stm

ent s

tage

Inve

ntor

yac

cum

ulat

ion

stag

e

Unintended decreasing stage of inventory

Expanding inventory stage

2013Ⅰ2013Ⅱ

2013Ⅲ

2013Ⅳ

2014Ⅰ

2014Ⅱ


12

The balance between Shipments and Inventory (mining and manufacturing industry)

Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ

2009 2010 2011 2012 2013 2014

▲ 50

▲ 40

▲ 30

▲ 20

▲ 10

0

10

20

30

40

50

60Shipments－Inventory

Shipments

Inventory

（Compared to the previous year, %）


Note: The balance between Shipments and Inventory = Shipments compared to the same quarter of previous year –Inventory compared to the same quarter of previous year

Documents

Infographic Sheets about indices of industrial activities in Chubu Region of JAPAN September 2014