The Bank of Japan's Tankan index for big non-manufacturers' sentiment rose to 23 in the second quarter of 2019 from a two-year low of 21 in the previous period, beating market consensus of 20. Non Manufacturing Pmi in Japan averaged 5.44 from 1983 until 2019, reaching an all time high of 57 in the third quarter of 1990 and a record low of -41 in the fourth quarter of 1998.

Non Manufacturing Pmi in Japan is expected to be 18.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Non Manufacturing Pmi in Japan to stand at 21.00 in 12 months time. In the long-term, the Japan Tankan Index For Large Non Manufacturing Companies is projected to trend around 19.00 in 2020, according to our econometric models.

Japan Tankan Index For Large Non Manufacturing Companies
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Japan Business Last Previous Highest Lowest Unit
Business Confidence 7.00 12.00 53.00 -58.00 Index Points [+]
Manufacturing PMI 49.30 49.40 56.20 29.60 [+]
Services Pmi 53.30 51.80 55.30 46.40 Index Points [+]
Industrial Production 0.70 -3.80 30.00 -37.20 percent [+]
Industrial Production Mom 1.30 -3.30 6.80 -16.50 percent [+]
Manufacturing Production 0.70 -3.80 29.30 -37.20 percent [+]
Capacity Utilization 102.30 101.20 136.10 68.60 Index Points [+]
New Orders 1053.95 1122.80 1624.17 693.64 JPY Billion [+]
Machinery Orders -6.60 13.90 25.50 -17.00 percent [+]
Changes in Inventories 2007.90 2299.30 7613.70 -6589.80 JPY Billion [+]
Bankruptcies 678.00 802.00 1965.00 6.00 Companies [+]
Corporate Profits 23232.47 22244.02 26401.12 43.24 JPY Billion [+]
Coincident Index 99.80 99.50 106.90 69.30 [+]
Economy Watchers Survey 42.80 41.20 57.50 18.90 [+]
Car Production 696692.00 676431.00 961994.00 249772.00 Units [+]
Car Registrations 201903.00 258150.00 585449.00 83044.00 [+]
Leading Economic Index 93.60 93.60 108.00 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 88347.00 101278.00 182860.00 19037.00 JPY Million [+]
Mining Production -0.70 -7.60 16.20 -16.10 percent [+]
Cement Production 5000.00 4694.00 9368.00 4218.00 Thousands of Tonnes [+]
All Industry Activity Index 106.20 106.00 108.70 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 51.90 50.60 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 1.90 6.10 12.80 -25.33 percent [+]
Non Manufacturing Pmi 23.00 21.00 57.00 -41.00 [+]
Reuters Tankan Index -7.00 -4.00 39.00 -78.00 Index Points [+]
Tertiary Industry Index 106.90 106.80 107.20 73.20 Index Points [+]
Steel Production 8386.66 8789.26 10775.00 1177.00 Thousand Tonnes [+]


Japan Tankan Index For Large Non Manufacturing Companies

In Japan, the quarterly Tankan Survey of Business Conditions for Large Non-Manufacturers covers about 1,050 companies with capital over 1 billion Yen, operating in the non-manufacturing sector. 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 Non Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Tankan Index For Large Non Manufacturing Companies - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
23.00 21.00 57.00 -41.00 1983 - 2019 Quarterly




Country Last Previous
China 53.80 Aug/19
Japan 23.00 Jun/19
United States 56.40 Aug/19


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