The Bank of Japan's Tankan index for small manufacturers' sentiment plunged to -45 in the second quarter of 2020, the lowest since the third quarter of 2009 and compared with market consensus of -39, as the coronavirus pandemic hit activity and global demand.

Small Business Sentiment in Japan averaged -7.12 from 1967 until 2020, 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. This page provides - Japan Small Business Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Small Business Sentiment - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Bank of Japan

Small Business Sentiment in Japan is expected to be -38.00 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 16.00 in 12 months time. In the long-term, the Japan Small Business Sentiment is projected to trend around 15.00 in 2021 and 8.00 in 2022, according to our econometric models.

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Japan Small Business Sentiment

Actual Previous Highest Lowest Dates Unit Frequency
-45.00 -15.00 46.00 -60.00 1967 - 2020 Quarterly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-09-30 11:50 PM Q3 -4 -1 -6 -4
2019-12-12 11:50 PM Q4 -9 -4 -8 -7
2020-03-31 11:50 PM Q1 -15 -9 -17 -20
2020-06-30 11:50 PM Q2 -45 -15 -39 -38
2020-09-30 11:50 PM Q3 -45 -30
2020-12-13 11:50 PM Q4 -10
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.

Japan Business Last Previous Highest Lowest Unit
Business Confidence -34.00 -8.00 53.00 -58.00 points [+]
Manufacturing PMI 40.10 38.40 56.20 29.60 points [+]
Services Pmi 45.00 26.50 55.30 21.50 points [+]
Industrial Production -25.90 -15.00 30.00 -37.20 percent [+]
Industrial Production Mom -8.40 -9.80 6.80 -16.50 percent [+]
Manufacturing Production -5.20 -5.60 29.30 -37.20 percent [+]
Capacity Utilization 79.90 92.20 136.10 68.60 points [+]
New Orders 1009.11 960.84 1624.17 693.64 JPY Billion [+]
Machinery Orders -12.00 -0.40 25.50 -16.80 percent [+]
Changes in Inventories 299.40 786.40 7662.30 -6566.20 JPY Billion [+]
Bankruptcies 314.00 743.00 1965.00 6.00 Companies [+]
Corporate Profits 15136.00 18575.90 26401.12 43.24 JPY Billion [+]
Coincident Index 80.10 88.80 107.30 69.40 [+]
Economy Watchers Survey 15.50 7.90 57.60 7.90 [+]
Car Production 359403.00 718860.00 961994.00 249772.00 Units [+]
Car Registrations 182128.00 123781.00 585449.00 83044.00 [+]
Leading Economic Index 77.70 85.10 108.60 72.70 points [+]
Small Business Sentiment -45.00 -15.00 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 4.30 -3.50 12.80 -25.33 percent [+]
Mining Production -4.60 -1.20 16.20 -16.10 percent [+]
Non Manufacturing Pmi -17.00 8.00 57.00 -41.00 points [+]
Machine Tool Orders 51260.00 56143.00 182860.00 19037.00 JPY Million [+]
Tertiary Industry Index 91.60 97.40 107.20 73.20 points [+]
Steel Production 5916.34 6616.74 10775.00 1177.00 Thousand Tonnes [+]
Reuters Tankan Index -46.00 -44.00 39.00 -78.00 points [+]
Cement Production 4300.00 4220.00 9368.00 4218.00 Thousands of Tonnes [+]
All Industry Activity Index 93.50 99.90 108.70 93.50 points [+]
Competitiveness Index 82.27 82.47 82.47 5.36 Points [+]
Competitiveness Rank 6.00 5.00 10.00 5.00 [+]
Composite Pmi 40.80 27.80 54.10 25.80 points [+]
Corruption Index 73.00 73.00 80.00 58.00 Points [+]
Corruption Rank 20.00 18.00 25.00 14.00 [+]
Ease of Doing Business 29.00 39.00 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.