Japan Small Business Sentiment

The Bank of Japan's Tankan index for small manufacturers' sentiment fell to a near three-year low of -1 in the second quarter of 2019 from 6 in the previous period, missing market consensus of 2. Small Business Sentiment in Japan averaged -6.91 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 5.00 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
2018-09-30	11:50 PM	Tankan Small Manufacturers Index Q3	14	14	13	15
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		-1		-4
2019-12-12	11:50 PM	Tankan Small Manufacturers Index Q4				1

Japan Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	7.00	12.00	53.00	-58.00	Index Points	[+]
Manufacturing PMI	49.40	49.30	56.20	29.60		[+]
Services Pmi	51.80	51.90	55.30	46.40	Index Points	[+]
Industrial Production	-3.80	-2.10	30.00	-37.20	percent	[+]
Industrial Production Mom	-3.30	2.00	6.80	-16.50	percent	[+]
Manufacturing Production	-3.80	-2.10	29.30	-37.20	percent	[+]
Capacity Utilization	101.20	103.90	136.10	68.60	Index Points	[+]
New Orders	1122.80	1020.55	1624.17	693.64	JPY Billion	[+]
Machinery Orders	13.90	-7.80	25.50	-17.00	percent	[+]
Changes in Inventories	2191.10	1837.80	7637.40	-6554.90	JPY Billion	[+]
Bankruptcies	802.00	734.00	1965.00	6.00	Companies	[+]
Corporate Profits	22244.02	19476.32	26401.12	43.24	JPY Billion	[+]
Coincident Index	100.40	103.40	107.00	69.30		[+]
Economy Watchers Survey	41.20	44.00	57.50	18.90		[+]
Car Production	676431.00	699356.00	961994.00	249772.00	Units	[+]
Car Registrations	258150.00	248056.00	585449.00	83044.00		[+]
Leading Economic Index	93.30	94.90	108.00	72.50	Index Points	[+]
Small Business Sentiment	-1.00	6.00	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	[+]
Machine Tool Orders	101268.00	98928.00	182860.00	19037.00	JPY Million	[+]
Mining Production	-7.60	-2.00	16.20	-16.10	percent	[+]
Cement Production	4694.00	4775.00	9368.00	4218.00	Thousands of Tonnes	[+]
All Industry Activity Index	106.70	106.40	108.70	94.20	Index Points	[+]
Competitiveness Index	82.47	81.59	82.47	5.36	Points	[+]
Competitiveness Rank	5.00	8.00	10.00	5.00		[+]
Composite Pmi	50.60	50.80	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		[+]
Private Investment	6.10	5.70	12.80	-25.33	percent	[+]
Non Manufacturing Pmi	23.00	21.00	57.00	-41.00		[+]
Reuters Tankan Index	-4.00	3.00	39.00	-78.00	Index Points	[+]
Tertiary Industry Index	106.90	107.00	107.20	73.20	Index Points	[+]
Steel Production	8789.26	8675.70	10775.00	1177.00	Thousand Tonnes	[+]

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 August of 2019.