Trends in the Electric Measuring Instruments Industry

Electric measuring instruments have many and diverse uses including monitoring and control of production systems, quality inspection, and research
and development of electronics industries such as semiconductors, digital home appliances, and communications, as well as a wide range of other industries including steel, chemicals, petroleum refining,
electric power, foodstuffs, and water works and sewerage.
As "mother tools of the industry," electric measuring instruments have supported these industries. Electric measuring instruments are expected
to continuously support a wide range of industries while responding to new needs for measurement by high technology and other sectors.
Through various statistical surveys of electric measuring instruments, the Japan Electric Measuring Instruments Manufacturers' Association
(JEMIMA) compiles original statistics and publishes the results of its surveys every year as a forecast report. The following chart is drawn based on the
work of JEMIMA's Demand Forecast Committee as of October 2009. Sales of electric measuring instruments including sales of overseas operations
totaled \998.2 billion in 2007, down by 3% compared with the previous year, after peaking to \1,029.7 billion in 2006. Reflecting the sudden
recession affecting the entire world and all industries since the autumn of 2008, sales for fiscal 2008 decreased to \733.4 billion, down by 26.5%
compared with the previous year. Nevertheless, in the mid-term, sales are forecasted to increase gradually spurred by the development of
new energy and by the development and operation of next-generation communications systems.

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