The Bank of Japan's Tankan index for big non manufacturers' sentiment rose to -12 in the third quarter of 2020 from an over decade low of -17 in the previous period, but still came below consensus of -9, as the coronavirus pandemic continued to hit activity and global demand. source: Bank of Japan

Non Manufacturing Pmi in Japan averaged 5.39 points from 1983 until 2020, reaching an all time high of 57 points in the third quarter of 1990 and a record low of -41 points in the fourth quarter of 1998. This page provides - Japan Non Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Tankan Index For Large Non Manufacturing Companies - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Non Manufacturing Pmi in Japan is expected to be -10.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Non Manufacturing Pmi in Japan to stand at 12.00 in 12 months time. In the long-term, the Japan Tankan Index For Large Non Manufacturing Companies is projected to trend around 25.00 points in 2021 and 19.00 points in 2022, according to our econometric models.

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Japan Tankan Index For Large Non Manufacturing Companies

Actual Previous Highest Lowest Dates Unit Frequency
-12.00 -17.00 57.00 -41.00 1983 - 2020 points Quarterly

Japan Business Last Previous Highest Lowest Unit
Business Confidence -27.00 -34.00 53.00 -58.00 points [+]
Manufacturing PMI 48.30 48.70 56.20 29.60 points [+]
Services Pmi 46.70 47.70 55.30 21.50 points [+]
Industrial Production -9.00 -13.80 30.00 -37.20 percent [+]
Industrial Production Mom 3.90 1.00 8.70 -16.50 percent [+]
Manufacturing Production -9.00 -13.80 29.30 -37.20 percent [+]
Capacity Utilization 90.00 84.60 136.10 68.60 points [+]
New Orders 899.56 847.45 1624.17 693.64 JPY Billion [+]
Machinery Orders -4.40 0.20 25.50 -16.80 percent [+]
Changes in Inventories 2122.10 455.90 7662.40 -6565.90 JPY Billion [+]
Bankruptcies 624.00 565.00 1965.00 6.00 Companies [+]
Corporate Profits 12413.98 15136.00 26401.12 43.24 JPY Billion [+]
Coincident Index 80.80 79.40 107.60 69.30 [+]
Economy Watchers Survey 54.50 49.30 57.60 7.90 [+]
Car Production 482607.00 606013.00 961994.00 249772.00 Units [+]
Car Registrations 221487.00 252371.00 585449.00 83044.00 [+]
Leading Economic Index 92.90 88.50 107.80 72.70 points [+]
Small Business Sentiment -44.00 -45.00 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 -11.30 0.10 12.80 -25.33 percent [+]
Mining Production -10.30 -4.40 16.20 -16.10 percent [+]
Non Manufacturing Pmi -12.00 -17.00 57.00 -41.00 points [+]
Machine Tool Orders 82321.00 84099.00 182860.00 19037.00 JPY Million [+]
Tertiary Industry Index 96.80 95.10 107.20 73.20 points [+]
Steel Production 6485.61 6446.02 10775.00 1177.00 Thousand Tonnes [+]
Reuters Tankan Index -13.00 -26.00 39.00 -78.00 points [+]
Cement Production 4371.00 4917.00 9368.00 4218.00 Thousands of Tonnes [+]
All Industry Activity Index 95.10 93.90 108.70 87.90 points [+]
Competitiveness Index 82.27 82.47 82.47 5.36 Points [+]
Competitiveness Rank 6.00 5.00 10.00 5.00 [+]
Composite Pmi 47.00 48.00 54.10 25.80 points [+]
Corruption Index 73.00 73.00 80.00 58.00 Points [+]
Corruption Rank 20.00 18.00 25.00 14.00 [+]
Ease of Doing Business 29.00 39.00 39.00 13.00 [+]


Japan Tankan Index For Large Non Manufacturing Companies
In Japan, the quarterly Tankan Survey of Business Conditions for Large Non-Manufacturers covers about 1,050 companies with capital over 1 billion Yen, operating in the non-manufacturing sector. 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.