In recent years, many natural disasters made impacts on number of regions in Japan and some are still recovering from those incidents, especially the earthquake that occurred in March 2011. The nation started pay more attention than ever to weather forecast and earthquake alerts. Today, the market for weather and potential natural disaster forecast and alerts are as big as 30 billion Japanese yen.
Teikoku Databank took 27 sample companies that are licensed to issue weather and forecast, both public and private, that ended fiscal year 2011 to analyze their financials. The highlights are as followed.
For weather forecast industry:
- In FY2011, the total sales was 23.5 billion yen which is 2.9% more than previous year.
- The total profit and loss was 1.6 billion yen which increased by 28.1% from 2010.
- In terms of capital amount, 78.9% of companies have less than 50 million yen. 78.9% are located in Kanto region.
For earthquake forecast industry:
- In FY2011, the total sales was 5.2 billion yen which is 36.5% more than previous year.
- The total profit and loss was 142 million yen which is almost 4.7 times more than 2010.
- In terms of capital amount, 62.5% of companies have less than 50 million yen. 87.5% are located in Kanto region.