Mount Fuji, Japan

Japan Business Confidence Q4 2022

Japan: Business sentiment remains positive but dips in Q4

Business sentiment among large manufacturers—according to the Bank of Japan’s closely watched Tankan survey—came in at plus 7 in Q4, down from plus 8 in Q3. In contrast, confidence among large non-manufacturing firms rose to 19 in Q4 from 14 in Q3. As such, the sentiment values remained above the zero-threshold separating pessimism from optimism regarding current business conditions.

Analysts at the EIU commented on the print:

“The latest Tankan survey results are consistent with our view that growth in manufacturing activity will decelerate in 2023. We expect slower growth in investment as well.”

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest