Table 17: Japan's Foreign Direct Investment
by Industry, FY 1995-FY 1999*

(in millions of dollars; notification basis)

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FY 1995

FY 1996

FY 1997

FY 1998

FY 1999

Total March 31, 2000

Manufacturing Sector

$18,909

$20,260

$19,614

$12,252

$42,310

$242,241

aaa Food Products

841

730

580

1,270

14,908

25,712

aaa Textiles

1,045

605

972

341

260

9,405

aaa Wood and Paper Products

364

620

356

677

116

6,330

aaa Chemicals

2,156

2,060

3,056

2,246

1,694

30,113

aaa Metals

1,553

2,447

1,433

1,223

1,458

21,946

aaa Nonelectric Machinery

1,877

1,438

1,302

795

995

19,520

aaa Electric Machinery

5,382

6,514

6,784

3,419

16,350

68,317

aaa Transport Equipment

2,011

3,873

2,950

1,607

4,781

32,251

aaa Other

3,680

1,974

2,181

673

1,749

28,649

Nonmanufacturing Sector

31,517

26,744

34,543

28,138

24,178

472,290

aaa Agriculture and Forestry

139

139

575

33

81

2,451

aaa Fisheries

56

98

111

20

26

1,480

aaa Mining

1,072

1,570

2,724

874

922

27,396

aaa Construction

399

320

463

294

182

5,642

aaa Trade and Sales

5,339

4,782

4,437

3,776

3,877

71,966

aaa Banking, Finance and Insurance

5,467

7,777

12,140

16,374

9,885

139,413

aaa Services

10,732

4,047

6,571

2,053

4,314

84,930

aaa Transportation

2,287

1,800

2,375

1,898

2,771

37,543

aaa Real Estate

6,028

6,211

5,612

2,809

2,114

93,862

aaa Other

--

--

55

7

8

7,613

Branch Offices

973

1,020

583

357

205

10,084

Other Transactions**

--

--

--

--

--

595

Total

51,398

48,024

54,739

40,747

66,694

725,208

*Beginning with FY 1995, the flow and stock figures are not comparable to those for earlier years since the data were published in yen rather than dollars as previously and no cumulative numbers were released. The yen figures were converted into dollars at the following average exchange rates: FY 1995, ¥96.44; FY 1996, ¥112.64; FY 1997, ¥120.99; FY 1998, ¥128.03; and FY 1999, ¥111.54. The resulting numbers then were added to the dollar-based stock figures for FY 1994.

**Certain overseas real estate transactions have been excluded from Japan's foreign direct investment data since December 1, 1980 because of changes in the Foreign Exchange and Foreign Trade Control Law.

Source: Ministry of Finance

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