The data refers to the outlook for the current quarter. Business conditions is assessed as the difference between respondents replying that business conditions has gone up and respondents responding that business conditions has gone down. This is presented as a percentage point compared with the previous quarter. The Business Outlook Survey analyzes the current/planned profit, investments, etc. and business leaders assessments of and forecasts for the economy in order to gain basic information for keeping track of economic trends. The survey covers business enterprises that establish their headquarters or principal offices in Japan and have capital stock 10 million yen or more. The survey is based on questionnaires that self-reporting by mail or online from respondent companies.