The Bank of Japan's Tankan index for big non-manufacturers' sentiment plunged to -17 in the second quarter of 2020, the lowest since the last quarter of 2009 and compared with market consensus of -18, as the coronavirus pandemic hit activity and global demand.

Non Manufacturing Pmi in Japan averaged 5.51 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 September of 2020. source: Bank of Japan

Non Manufacturing Pmi in Japan is expected to be -14.00 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 15.00 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
-17.00 8.00 57.00 -41.00 1983 - 2020 points Quarterly

Japan Business Last Previous Highest Lowest Unit
Business Confidence -34.00 -8.00 53.00 -58.00 points [+]
Manufacturing PMI 47.20 45.20 56.20 29.60 points [+]
Services Pmi 45.00 45.40 55.30 21.50 points [+]
Industrial Production -15.50 -18.20 30.00 -37.20 percent [+]
Industrial Production Mom 8.70 1.90 8.70 -16.50 percent [+]
Manufacturing Production -15.50 -18.20 29.30 -37.20 percent [+]
Capacity Utilization 82.20 75.00 136.10 68.60 points [+]
New Orders 919.10 827.69 1624.17 693.64 JPY Billion [+]
Machinery Orders 6.30 -7.60 25.50 -16.80 percent [+]
Changes in Inventories 2122.10 455.90 7662.40 -6565.90 JPY Billion [+]
Bankruptcies 667.00 789.00 1965.00 6.00 Companies [+]
Corporate Profits 12413.98 15136.00 26401.12 43.24 JPY Billion [+]
Coincident Index 76.20 74.40 107.70 69.40 [+]
Economy Watchers Survey 43.90 41.10 57.60 7.90 [+]
Car Production 438986.00 251384.00 961994.00 249772.00 Units [+]
Car Registrations 169341.00 207473.00 585449.00 83044.00 [+]
Leading Economic Index 86.90 83.80 107.80 72.80 points [+]
Small Business Sentiment -45.00 -15.00 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 -13.70 -5.70 16.20 -16.10 percent [+]
Non Manufacturing Pmi -17.00 8.00 57.00 -41.00 points [+]
Machine Tool Orders 67891.00 69784.00 182860.00 19037.00 JPY Million [+]
Tertiary Industry Index 93.70 94.20 107.20 73.20 points [+]
Steel Production 6049.09 5597.91 10775.00 1177.00 Thousand Tonnes [+]
Reuters Tankan Index -29.00 -33.00 39.00 -78.00 points [+]
Cement Production 4740.00 4521.00 9368.00 4218.00 Thousands of Tonnes [+]
All Industry Activity Index 93.70 88.30 108.70 88.30 points [+]
Competitiveness Index 82.27 82.47 82.47 5.36 Points [+]
Competitiveness Rank 6.00 5.00 10.00 5.00 [+]
Composite Pmi 45.20 44.90 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.