(3) Corporate earnings (consolidated index of 29 major companies)
Overall
- Sales index: 125.6(▲5.4% year over year)
- Profit index: 136.0(▲5.5% year over year)
- Sales index was lower than last year for the first time in six quarters. Profit index was lower than last year for the first time in five quarters.
In the April-June period, Revenue and profits due to sluggish demand in petrochemicals and mobility-related sectors caused by the economic slowdown, falling naphtha prices, and the strengthening yen. Specialty products maintained profit growth, supported by electronic materials and pharmaceuticals. General products saw both revenue and profit decline, as continued weak demand domestically and internationally offset the positive impact of price revisions on some products.
General-purpose chemicals
- Sales index: 135.9 (▲4.7% year over year)
- Profit index: 104.5 (▲7.9% year over year)
- Sales index was lower than last year for the first time in five quarters. Profit index was lower than last year for the first time in six quarters.
Specialty Chemicals
- Sales index: 129.4 (▲4.7% year over year)
- Profit index: 155.1 (+0.2% year over year)
- Sales index was lower than last year for the first time in six quarters. Profit index was exceeded the previous year for the fifth consecutive quarter.