The Bank of Japan's Tankan index for big non manufacturers' sentiment fell to a seven-year low of +8 in the first quarter of 2020 from +20 in the prior period, but still came above market expectations of +6.

Non Manufacturing Pmi in Japan averaged 5.66 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 June of 2020. source: Bank of Japan

Non Manufacturing Pmi in Japan is expected to be -40.00 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 -18.00 in 12 months time. In the long-term, the Japan Tankan Index For Large Non Manufacturing Companies is projected to trend around -7.00 points in 2021 and -2.00 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
8.00 20.00 57.00 -41.00 1983 - 2020 points Quarterly

Japan Business Last Previous Highest Lowest Unit
Business Confidence -8.00 0.00 53.00 -58.00 points [+]
Manufacturing PMI 38.40 41.90 56.20 29.60 points [+]
Services Pmi 26.50 21.50 55.30 21.50 points [+]
Industrial Production -14.40 -5.20 30.00 -37.20 percent [+]
Industrial Production Mom -9.10 -3.70 6.80 -16.50 percent [+]
Manufacturing Production -5.20 -5.60 29.30 -37.20 percent [+]
Capacity Utilization 92.20 95.60 136.10 68.60 points [+]
New Orders 960.84 937.90 1624.17 693.64 JPY Billion [+]
Machinery Orders -0.40 2.30 25.50 -16.80 percent [+]
Changes in Inventories 748.10 718.90 7662.30 -6566.20 JPY Billion [+]
Bankruptcies 743.00 740.00 1965.00 6.00 Companies [+]
Corporate Profits 18575.90 17323.17 26401.12 43.24 JPY Billion [+]
Coincident Index 90.20 95.40 107.30 69.20 [+]
Economy Watchers Survey 7.90 14.20 57.60 7.90 [+]
Car Production 718860.00 666947.00 961994.00 249772.00 Units [+]
Car Registrations 144674.00 321865.00 585449.00 83044.00 [+]
Leading Economic Index 84.70 91.90 108.50 72.60 points [+]
Small Business Sentiment -15.00 -9.00 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 4.30 -3.50 12.80 -25.33 percent [+]
Mining Production -4.60 -1.20 16.20 -16.10 percent [+]
Non Manufacturing Pmi 8.00 20.00 57.00 -41.00 points [+]
Machine Tool Orders 56127.00 77447.00 182860.00 19037.00 JPY Million [+]
Tertiary Industry Index 96.90 101.20 107.20 73.20 points [+]
Steel Production 6616.74 8200.00 10775.00 1177.00 Thousand Tonnes [+]
Reuters Tankan Index -44.00 -30.00 39.00 -78.00 points [+]
Cement Production 4220.00 5114.00 9368.00 4218.00 Thousands of Tonnes [+]
All Industry Activity Index 99.50 103.40 108.70 94.20 points [+]
Competitiveness Index 82.27 82.47 82.47 5.36 Points [+]
Competitiveness Rank 6.00 5.00 10.00 5.00 [+]
Composite Pmi 27.80 25.80 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.