The outlook for large manufacturers in Japan fell to 13 for the first quarter of 2022 from 14 in the preceding quarter, falling way below market expectations for an increase to 19 as higher fuel prices and a weaker yen are keeping import costs up, further squeezing corporate margins. Analysts are also suggesting that the survey probably understated the effect from the Omicron variant, with nearly 80% of the replies coming in by Nov. 29. Outlook worsened the most among firms producing lumber & wood products, petroleum & coal products, pulp & paper, processed metals and business oriented machinery. source: Bank of Japan
Tankan Large Manufacturing Outlook in Japan averaged -0.63 points from 1974 until 2022, reaching an all time high of 47 points in the third quarter of 1989 and a record low of -55 points in the second quarter of 1975. This page includes a chart with historical data for Japan Tankan Large Manufacturing Outlook. Japan Tankan Large Manufacturing Outlook - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.
Tankan Large Manufacturing Outlook in Japan is expected to be 18.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.