The Bank of Japan's index for small manufacturers' sentiment improved to -13 in the first quarter of 2021, from -27 in the previous three-month period and beating market consensus of -20. It was the highest reading since the fourth quarter of 2019, adding to signs of a gradual economic recovery from last year's slump triggered by the COVID-19 pandemic. source: Bank of Japan

Small Business Sentiment in Japan averaged -7.41 from 1967 until 2021, 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 April of 2021.

Small Business Sentiment in Japan is expected to be -12.00 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 15.00 in 12 months time. In the long-term, the Japan Small Business Sentiment is projected to trend around 8.00 in 2022, according to our econometric models.

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Japan Small Business Sentiment

Actual Previous Highest Lowest Dates Unit Frequency
-13.00 -27.00 46.00 -60.00 1967 - 2021 Quarterly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-30 11:50 PM Q2 -45 -15 -39 -38
2020-09-30 11:50 PM Q3 -44 -45 -38 -36
2020-12-13 11:50 PM Q4 -27 -44 -36 -38
2021-03-31 11:50 PM Q1 -13 -27 -20 -22
2021-06-30 11:50 PM Q2 -13 -12
2021-09-30 11:50 PM Q3
2021-12-13 11:50 PM Q4

Japan Business Last Previous Highest Lowest Unit
Business Confidence 5.00 -10.00 53.00 -58.00 points [+]
Manufacturing PMI 52.70 51.40 56.20 29.60 points [+]
Services PMI 48.30 46.30 55.30 21.50 points [+]
Industrial Production -2.60 -5.20 30.00 -37.20 percent [+]
Industrial Production Mom -2.10 4.30 8.70 -16.50 percent [+]
Manufacturing Production -2.70 -5.20 29.30 -37.20 percent [+]
Capacity Utilization 97.70 93.30 136.10 68.60 points [+]
New Orders 955.01 1111.88 1624.17 693.64 JPY Billion [+]
Machinery Orders -4.50 5.20 25.50 -16.80 percent [+]
Changes in Inventories -1291.20 1754.70 7037.00 -6238.00 JPY Billion [+]
Bankruptcies 634.00 446.00 1965.00 6.00 Companies [+]
Corporate Profits 18450.53 12398.44 26401.12 43.24 JPY Billion [+]
Coincident Index 89.00 90.30 107.30 71.80 [+]
Economy Watchers Survey 49.00 41.30 57.50 9.40 [+]
Car Production 587946.00 652877.00 961994.00 249772.00 Units [+]
Car Registrations 329239.00 226954.00 585449.00 83044.00 [+]
Leading Economic Index 99.70 98.50 108.80 72.10 points [+]
Small Business Sentiment -13.00 -27.00 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 -4.80 -10.60 12.80 -25.33 percent [+]
Mining Production -7.90 -6.40 16.20 -16.10 percent [+]
Non Manufacturing Pmi -1.00 -5.00 57.00 -41.00 points [+]
Machine Tool Orders 127823.00 105553.00 182860.00 19037.00 JPY Million [+]
Steel Production 7500.00 7900.00 10775.00 1177.00 Thousand Tonnes [+]
Reuters Tankan Index 6.00 3.00 39.00 -78.00 points [+]
Tertiary Industry Index 96.10 97.80 107.20 73.20 points [+]
Cement Production 4330.00 4213.00 9368.00 4213.00 Thousands of Tonnes [+]
Competitiveness Index 82.27 82.47 82.47 5.36 Points [+]
Competitiveness Rank 6.00 5.00 10.00 5.00 [+]
Composite PMI 49.90 48.20 54.10 25.80 points [+]
Corruption Index 74.00 73.00 80.00 58.00 Points [+]
Corruption Rank 19.00 20.00 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.