Japan Business Confidence

Japan

Japan: Business sentiment hits nearly six-year high in Q3

October 1, 2013

According to the Bank of Japan's quarterly TANKAN business survey, sentiment among large manufacturers jumped to its highest level since Q4 2007, suggesting that Japan's economic recovery is well on track. A positive reading means that optimists outnumber pessimists. The index jumped from 4 points in the second quarter to 12 points in the third quarter, beating market expectations that saw the index inching up to 7 points.

Confidence in non-manufacturing industries improved further, increasing from 12 points in the second quarter to 14 points in the third quarter. As a result, the index now sits at the highest level registered since Q4 2007.

Going forward, large enterprises in the manufacturing sector anticipate conditions will be even more positive; the forward-looking forecast index rose to 11 points in the third quarter (Q2: 10 points), which represents the highest level since Q4 2007. Meanwhile, large manufacturers forecast the Japanese yen to trade at 94.5 JPY per USD by the end of the fiscal year 2013.


Author:,

Sample Report

Looking for forecasts related to Business Confidence in Japan? Download a sample report now.

Download

Japan Business Confidence Chart


Japan Business Confidence Q3 2013

Note: Quarterly index of business sentiment. Values above 0 for manufacturers (actual result) indicate a positive assesment of the current business conditions. Values above 0 for manufacturers (forecast) indicate a positive assesment for the next quarter
Source: Bank of Japan (BoJ).


Japan Economic News

  • Japan: Machinery orders decline in May

    July 11, 2018

    Although core machinery orders—a leading indicator of capital spending over a three- to six-month period—contracted in May, the fall was weaker-than-expected, suggesting that capital expenditure will gain steam further down the road.

    Read more

  • Japan: Business confidence weakens in Q2

    July 2, 2018

    According to the Bank of Japan’s quarterly Tankan business survey, sentiment among large manufacturers fell in the second quarter of 2018, suggesting economic momentum has yet to gain traction following a weak first quarter.

    Read more

  • Japan: Consumer confidence declines marginally in June

    June 29, 2018

    Consumer sentiment inched down to 43.7 in June from 43.8 in May, coming in just below market expectations of a stable print.

    Read more

  • Japan: Industrial production falls in May

    June 29, 2018

    Industrial production contracted 0.2% on a month-on-month and seasonally-adjusted basis in May, contrasting April’s revised 0.5% increase (previously reported: +0.3% month-on-month).

    Read more

  • Japan: Core inflation stable in May

    June 22, 2018

    The core consumer price index rose 0.1% in month-on-month seasonally-adjusted terms in May, reversing April’s 0.1% fall. Core inflation was steady at 0.7% in May, unchanged from April and in line with market expectations.

    Read more

More news

Search form