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 August of 2020. source: Bank of Japan
Small Business Sentiment in Japan is expected to be -30.00 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 12.00 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.