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TABLE-Japan firms hit by trade war, cautious on capex

TOKYO, Sept 13 (Reuters) - A slim majority of Japanese firms saw profits hit by the Sino-U.S. trade war, though they were shy of moving their China operations, a Reuters poll showed. The Reuters Corporate Survey also found more than half of Japanese firms are putting capital spending plans on hold or pushing them back, a sign business investment is losing momentum in a blow to Abenomics. Below are the questions and answers to the poll conducted by Nikkei Research between Aug. 29-Sept. 9 for Reuters. Answers are denoted in percentage points, while the poll and reply totals are represented in absolute terms. 1. Do you have capital spending plans that have been put on hold or postponed in the current fiscal year? (Pick one) Sectors Yes, many Yes, a little Not at all Polled Replied All 6% 50% 44% 504 252 Manufacturers 9% 55% 36% 254 131 Non-Manufacturers 3% 44% 53% 250 121 2a. How is this year's capital spending progressing in Japan compared with initial spending plans? (Pick one) Sectors Increase Unchanged Decrease Polled Replied All 16% 65% 19% 504 252 Manufacturers 15% 64% 21% 254 131 Non-Manufacturers 17% 66% 17% 250 121 2b. How is this year's capital spending progressing overseas, compared with initial spending plans? (Pick one) Sectors Increase Unchanged Decrease Polled Replied All 11% 70% 19% 504 212 Manufacturers 9% 67% 24% 254 120 Non-Manufacturers 13% 74% 13% 250 92 3a. Do you feel land prices in urban areas are overheating? (Pick one) Sectors Yes, Yes, Not really Not at all Polled Replied considerably somewhat All 15% 50% 30% 5% 504 233 Manufacturers 12% 47% 38% 3% 254 121 Non-Manufacturers 19% 54% 21% 7% 250 112 3b. Do you feel land prices in regional areas are overheating? (Pick one) Sectors Yes, Yes, Not really Not at all Polled Replied considerably somewhat All 1% 19% 68% 12% 504 237 Manufacturers 1% 15% 74% 10% 254 120 Non-Manufacturers 2% 22% 62% 14% 250 117 4. How have you made real estate investment as part of asset management over the recent few years? (Pick one) Sectors Positively Flat Passively Not engaging in real Polled Replied estate investment All 2% 15% 7% 77% 504 246 Manufacturers 2% 8% 9% 82% 254 127 Non-Manufacturers 3% 22% 4% 71% 250 119 5. How do you make use of internal reserves in view of global financial markets? (Pick one) Sectors Invest in Hold in M&A Return to Return to Capital Others Polled Replied financial deposits and employees shareholders spending products savings All 1% 12% 16% 7% 15% 43% 6% 504 246 Manufacturers 2% 13% 9% 6% 18% 47% 5% 254 130 Non-Manufacturers 1% 10% 24% 7% 11% 40% 7% 250 116 6. How is the U.S.-China trade war affecting your business profits following the fourth round of U.S. tariffs on imports from China? (Pick one) Sectors Quite a lot To a degree Not really Not at all Polled Replied All 6% 45% 42% 7% 504 250 Manufacturers 11% 56% 31% 2% 254 131 Non-Manufacturers 2% 34% 53% 12% 250 119 7a. Are you considering shifting your business footprint and supply chains outside of China? (Pick one) Sectors Yes No No related Polled Replied business in China All 11% 52% 37% 504 250 Manufacturers 18% 63% 20% 254 131 Non-Manufacturers 3% 41% 55% 250 119 7b. If you are considering shifting your business outside of China, where do you plan to move it? (Multiple choices) Sectors Asia other Europe North Japan Others Polled Replied than China America All 96% 4% 8% 35% 0% 504 26 Manufacturers 95% 5% 9% 36% 0% 254 22 Non-Manufacturers 100% 0% 0% 25% 0% 250 4 (Reporting by Tetsushi Kajimoto; Editing by Sam Holmes)