Financial Characteristics of Agriculture Compared with Industries and Farming Types : An analysis using Business Analysis & Statistics by TKC

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  • UENISHI Yoshihiro
    Laboratory of Agricultural and Farm Management, Division of Agricultural and Resource Economics, Department of Agricultural and Resource Economics, Faculty of Agriculture, Kyushu University
  • NANSEKI Teruaki
    Laboratory of Agricultural and Farm Management, Division of Agricultural and Resource Economics, Department of Agricultural and Resource Economics, Faculty of Agriculture, Kyushu University

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  • 産業別・営農類型別にみた農業の財務的特徴に関する研究 : TKC経営指標(BAST)を用いた分析

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Abstract

This study compares the financial characteristics of the agriculture industry, including each farming type, to other industries. Furthermore, we examine the sustainability and development of agricultural corporations and their innovation possibilities. The 2020 and 2021 Business analysis & statistics by TKC (BAST) were used for the financial analysis. The results showed that agriculture is comparable to other industries in some indexes, such as profitability. Moreover, we revealed that rice and dairy farming are highly safe and profitable. We found that the value added by direct sales and government subsidies might be important factors in rice farming. Subsequently, the impact of raw milk distribution structure and technological innovation are considered in dairy farming.

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