Japan Small Business Sentiment

Japan's Tankan Small Manufacturers Index was unchanged at 14 in the fourth quarter of 2018, slightly above market expectations of 13. Small Business Sentiment in Japan averaged -7 from 1967 until 2018, 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 13.00 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 10.00 in 12 months time. In the long-term, the Japan Small Business Sentiment is projected to trend around -4.00 in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-04-01	11:50 PM	Tankan Small Manufacturers Index	15	15	14	16
2018-07-01	11:50 PM	Tankan Small Manufacturers Index	14	15	13	14
2018-09-30	11:50 PM	Tankan Small Manufacturers Index	14	14	13	15
2018-12-13	11:50 PM	Tankan Small Manufacturers Index	14	14	13	13
2019-03-31	11:50 PM	Tankan Small Manufacturers Index		14		15
2019-07-01	11:50 PM	Tankan Small Manufacturers Index				12
2019-09-30	11:50 PM	Tankan Small Manufacturers Index				10

Japan Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	19.00	19.00	53.00	-58.00	Index Points	[+]
Manufacturing PMI	52.40	52.20	56.20	29.60		[+]
Services Pmi	52.30	52.40	55.30	46.40	Index Points	[+]
Industrial Production	4.20	-2.50	30.00	-37.20	percent	[+]
Industrial Production Mom	2.90	-0.40	6.80	-16.50	percent	[+]
Manufacturing Production	4.20	-2.50	29.30	-37.20	percent	[+]
Capacity Utilization	105.20	101.20	136.10	68.60	Index Points	[+]
New Orders	1086.17	899.96	1624.17	693.64	JPY Billion	[+]
Machinery Orders	7.60	-18.30	25.50	-18.30	percent	[+]
Changes in Inventories	1157.40	971.50	7611.00	-6584.40	JPY Billion	[+]
Bankruptcies	718.00	730.00	1965.00	6.00	Companies	[+]
Corporate Profits	18284.72	26401.12	26401.12	43.24	JPY Billion	[+]
Coincident Index	104.50	101.60	107.20	69.40		[+]
Economy Watchers Survey	51.00	49.50	57.50	18.90		[+]
Car Production	692919.00	595931.00	961994.00	249772.00	Units	[+]
Car Registrations	240819.00	227172.00	585449.00	83044.00		[+]
Leading Economic Index	100.50	99.60	108.00	72.40	Index Points	[+]
Small Business Sentiment	14.00	14.00	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	4.50	12.80	12.80	-25.33	percent	[+]
Mining Production	-8.50	-0.20	16.20	-16.10	percent	[+]
Cement Production	5322.00	4996.00	9368.00	4218.00	Thousands of Tonnes	[+]
Competitiveness Index	82.47	81.59	82.47	5.36	Points	[+]
Competitiveness Rank	5.00	8.00	10.00	5.00		[+]
Composite Pmi	52.40	52.50	54.10	46.30		[+]
Corruption Index	73.00	72.00	80.00	58.00	Points	[+]
Corruption Rank	20.00	20.00	25.00	14.00		[+]
Ease of Doing Business	39.00	34.00	39.00	13.00		[+]
Non Manufacturing Pmi	24.00	22.00	57.00	-41.00		[+]
Steel Production	8563.52	8418.41	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 December of 2018.