Japan Small Business Sentiment

The Bank of Japan's Tankan index for small manufacturers' sentiment fell to -4 in the third quarter of 2019 from -1 in the prior period and compared to market expectations of -6. Small Business Sentiment in Japan averaged -6.89 from 1967 until 2019, reaching an all time high of 46 in the third quarter of 1973 and a record low of -60 in the fourth quarter of 1998.

Small Business Sentiment in Japan is expected to be -7.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Small Business Sentiment in Japan to stand at -6.00 in 12 months time. In the long-term, the Japan Small Business Sentiment is projected to trend around 5.00 in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-12-13	11:50 PM	Tankan Small Manufacturers Index Q4	14	14	13	13
2019-03-31	11:50 PM	Tankan Small Manufacturers Index Q1	6	14	10	12
2019-06-30	11:50 PM	Tankan Small Manufacturers Index Q2	-1	6	2	5
2019-09-30	11:50 PM	Tankan Small Manufacturers Index Q3	-4	-1	-6	-4
2019-12-12	11:50 PM	Tankan Small Manufacturers Index Q4		-4		-7

Japan Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	5.00	7.00	53.00	-58.00	Index Points	[+]
Services Pmi	52.80	53.30	55.30	46.40	Index Points	[+]
Manufacturing PMI	48.90	49.30	56.20	29.60		[+]
Industrial Production	-4.70	0.70	30.00	-37.20	percent	[+]
Industrial Production Mom	-1.20	1.30	6.80	-16.50	percent	[+]
Manufacturing Production	-4.70	0.70	29.30	-37.20	percent	[+]
Capacity Utilization	99.30	102.30	136.10	68.60	Index Points	[+]
New Orders	1170.77	1053.95	1624.17	693.64	JPY Billion	[+]
Machinery Orders	-2.40	-6.60	25.50	-17.00	percent	[+]
Changes in Inventories	2007.90	2299.30	7613.70	-6589.80	JPY Billion	[+]
Bankruptcies	702.00	678.00	1965.00	6.00	Companies	[+]
Corporate Profits	23232.47	22244.02	26401.12	43.24	JPY Billion	[+]
Coincident Index	99.30	99.70	106.90	69.30		[+]
Economy Watchers Survey	46.70	42.80	57.50	18.90		[+]
Car Production	774265.00	696692.00	961994.00	249772.00	Units	[+]
Car Registrations	300280.00	201903.00	585449.00	83044.00		[+]
Leading Economic Index	91.70	93.70	108.00	72.50	Index Points	[+]
Small Business Sentiment	-4.00	-1.00	46.00	-60.00		[+]
Internet Speed	20171.96	19574.52	20171.96	6541.92	KBps	[+]
IP Addresses	43689566.00	43995715.00	44977757.00	23570249.00	IP	[+]
Private Investment	1.90	6.10	12.80	-25.33	percent	[+]
Non Manufacturing Pmi	21.00	23.00	57.00	-41.00		[+]
Reuters Tankan Index	-5.00	-7.00	39.00	-78.00	Index Points	[+]
Machine Tool Orders	98956.00	88487.00	182860.00	19037.00	JPY Million	[+]
Mining Production	-8.90	-0.70	16.20	-16.10	percent	[+]
Tertiary Industry Index	107.30	106.90	107.30	73.20	Index Points	[+]
Steel Production	8115.55	8386.66	10775.00	1177.00	Thousand Tonnes	[+]
Cement Production	4654.00	5000.00	9368.00	4218.00	Thousands of Tonnes	[+]
All Industry Activity Index	106.20	106.20	108.70	94.20	Index Points	[+]
Competitiveness Index	82.27	82.47	82.47	5.36	Points	[+]
Competitiveness Rank	6.00	5.00	10.00	5.00		[+]
Composite Pmi	51.50	51.90	54.10	46.30		[+]
Corruption Index	73.00	73.00	80.00	58.00	Points	[+]
Corruption Rank	18.00	20.00	25.00	14.00		[+]
Ease of Doing Business	39.00	34.00	39.00	13.00		[+]

Japan Small Business Sentiment

Tankan Business Conditions Small Manufacturing Enterprises Diffusion Index is based on the survey of approximately 220,000 private enterprises (excluding financial institutions) with at least 20 million yen in capital. The survey is done by mail or e-mail and asks participants to evaluate current trends and conditions in the business place and their respective industries as well as their expected business activities for the next quarter and year. The indicator is calculated by subtracting the percentage share of enterprises responding on the negative side from the share giving positive assessments. The index varies on a scale of -100 to 100 such that a value above zero indicates business optimism, a value below zero pessimism and 0 indicates neutrality. This page provides - Japan Small Business Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Small Business Sentiment - actual data, historical chart and calendar of releases - was last updated on October of 2019.