The Ministry of Finance held a meeting of directors of the Finance Bureau on the 28th, and considering that consumption related to food and drink and tourism is declining due to the influence of the state of emergency, "Hokkaido" "Kanto" "Kyushu" out of 11 regions nationwide In addition, the economic judgments of the four regions of "Okinawa" have been revised downward.

The Treasury Directors' Meeting is held every three months to summarize economic trends in 11 regions nationwide.



At the meeting on the 28th, the economic judgments of the four regions of "Hokkaido," "Kanto," "Kyushu," and "Okinawa" were revised downward, and the expression "the tempo for recovery is slowing down." I changed it.



This is because consumption related to the food service industry and tourism is declining as emergency declarations are issued to 11 prefectures nationwide and Go To campaign operations are suspended nationwide.



On the other hand, in the other seven regions, the economic judgment was left unchanged, saying that the production activities of companies, mainly automobiles and semiconductor manufacturing equipment, are strong.



Regarding the outlook for the economy, it is expected that the movement of "recovery" will continue by taking measures to prevent the spread of infection, but it is necessary to pay close attention to the risk that the spread of infection will cause the regional economy to decline. ..

58% of "deterioration of business performance" due to corona effect

According to a survey conducted by various finance bureaus from last month to this month in conjunction with this meeting of finance bureau directors, 58% of companies said that their business performance deteriorated due to the effects of the new coronavirus.



The survey was conducted by local finance departments from last month to the middle of this month, and responses were received from 1194 companies, from large companies to small and medium-sized companies.



According to this, when asked if sales etc. decreased compared to normal times due to the influence of the new coronavirus


, 38% of companies answered ▽ "decrease within


20%"

,

▽ "20% to 50

%

" “Decrease of degree” was 14%,


▽ “Decrease of 50% or more” was 6%, and the total number of companies that reported that their business performance deteriorated was 58%.



By industry, 38% of companies in the accommodation / restaurant service industry and 23% in the transportation industry answered that sales, etc. decreased by 50% or more, and the impact on business performance is particularly serious.



By region, in the Tokyo metropolitan area, where the number of infected people is increasing, and in Okinawa, which is highly dependent on tourism, there were particularly many companies whose sales were "decreased."



According to the Ministry of Finance, corporate performance is picking up compared to the previous survey last October, but there are concerns about the impact as the infection spreads.