Abstract
The productivity of manufacturing enterprises, listed on the first section, Tokyo Stock Exchange are calculated as average net present values (NPV) on total, machinery and information investment during the past five years, assuming that the enterprise performance depends on the machinery and information investment as working hypothesis. The calculation results show that more than half of business types have minus NPV on total investment, the average machinery investment for all enterprises has minus NPV but the average information investment has plus NPV. Moreover, on the enterprises having highest value of total investment or information investment in each business type, the business architecture is studied based on the business outline described in the securities report.