1. COMPREHENSIVE REVISION OF JAPANESE NATIONAL ACCOUNTS: UPDATE ON JSNA
Working Party on National Accounts, OECD, Paris
25-28 October, 2011
Kosuke SUZUKI
Department of National Accounts
Economic and Social Research Institute
Cabinet Office of Japan

2. OVERVIEW OF THE NEXT COMPREHENSIVE REVISION (1)
Benchmark revision
Quinquennial revision, which incorporates some major source data (I-O tables, Population Census, etc.)
Next benchmark revision due out in this winter will be implemented with “comprehensive revision.”
Enhancing international comparability
Improvement in usability (provide more useful data)

3. OVERVIEW OF THE NEXT COMPREHENSIVE REVISION (2)
What kind of improvement?
Public/private delineation
SNA08 guideline, such as the 50% criterion for market/non-market classification will fully be adopted.
Introduction of FISIM
Introduction of own-account software investment
Time-use survey for SEs and programmers was conducted.
Improvement in fixed assets estimation
More detailed government financial statistics
Other improvements

4. IMPROVEMENT IN STOCK ESTIMATION
Incorporation of PIM estimation into whole series
A new survey: “Survey on Capital Expenditure and Disposals” (CED, by type of asset and industry)
Disaggregated investment data for different types of assets by industry
Revision to depreciation rates by asset
Current price evaluation of CFC consistent with the stock data

5. PROVISIONAL ESTIMATES (1)
Depreciation rates
(Source) Subcommittee on National Accounts, Statistics Commission of Japan

6. PROVISIONAL ESTIMATES (2)
Net fixed assets
(Source) Subcommittee on National Accounts, Statistics Commission of Japan

7. PROVISIONAL ESTIMATES (3)
Own-account software investment
(Source) Subcommittee on National Accounts, Statistics Commission of Japan

8. PROVISIONAL ESTIMATES (4)
Output of FISIM
(Source) Subcommittee on National Accounts, Statistics Commission of Japan