Small Business Sentiment in Japan decreased to -4 in the first quarter of 2022 from -1 in the fourth quarter of 2021. source: Bank of Japan

Small Business Sentiment in Japan averaged -7.35 from 1967 until 2022, 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 May of 2022.

Small Business Sentiment in Japan is expected to be 2.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Small Business Sentiment is projected to trend around 8.00 in 2023, according to our econometric models.

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Japan Small Business Sentiment



Calendar GMT Actual Previous Consensus TEForecast
2021-12-12 11:50 PM Q4 -1 -3 -3 -2
2022-03-31 11:50 PM Q1 -4 -1 -7 -6
2022-06-30 11:50 PM Q2 -4


Related Last Previous Unit Reference
Business Confidence 14.00 18.00 points Mar 2022
Small Business Sentiment -4.00 -1.00 Mar 2022
Tankan Non-Manufacturing Outlook 7.00 8.00 points Jun 2022
Tankan Large Manufacturing Outlook 9.00 9.00 points Jun 2022
Tankan Large All Industry Capex 2.20 9.30 percent Mar 2022
Non Manufacturing Pmi 9.00 9.00 points Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-4.00 -1.00 46.00 -60.00 1967 - 2022 Quarterly
NSA