Non Manufacturing Pmi in Japan decreased to 20 in the fourth quarter of 2019 from 21 in the third quarter of 2019. Non Manufacturing Pmi in Japan averaged 5.65 from 1983 until 2019, reaching an all time high of 57 in the third quarter of 1990 and a record low of -41 in the fourth quarter of 1998. source: Bank of Japan

Non Manufacturing Pmi in Japan is expected to be 17.00 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 21.00 in 12 months time. In the long-term, the Japan Tankan Index For Large Non Manufacturing Companies is projected to trend around 19.00 in 2020, according to our econometric models.


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Japan Tankan Index For Large Non Manufacturing Companies

Actual Previous Highest Lowest Dates Unit Frequency
20.00 21.00 57.00 -41.00 1983 - 2019 points Quarterly


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.

Japan Business Last Previous Highest Lowest Unit
Business Confidence 0.00 5.00 53.00 -58.00 points [+]
Services Pmi 49.40 50.30 55.30 46.40 points [+]
Manufacturing PMI 48.40 48.90 56.20 29.60 points [+]
Industrial Production -8.20 -7.70 30.00 -37.20 percent [+]
Industrial Production Mom -1.00 -4.50 6.80 -16.50 percent [+]
Manufacturing Production -8.10 -7.70 29.30 -37.20 percent [+]
Capacity Utilization 95.50 95.80 136.10 68.60 points [+]
New Orders 1153.53 1013.55 1624.17 693.64 JPY Billion [+]
Machinery Orders 18.00 -6.00 25.50 -17.00 percent [+]
Changes in Inventories 871.20 1934.00 7639.10 -6605.20 JPY Billion [+]
Bankruptcies 704.00 728.00 1965.00 6.00 Companies [+]
Corporate Profits 17323.17 23232.47 26401.12 43.24 JPY Billion [+]
Coincident Index 94.70 95.30 106.90 69.40 [+]
Economy Watchers Survey 39.80 39.40 57.50 18.90 [+]
Car Production 667462.00 714844.00 961994.00 249772.00 Units [+]
Car Registrations 194765.00 205814.00 585449.00 83044.00 [+]
Leading Economic Index 90.80 91.60 108.00 72.50 points [+]
Small Business Sentiment -9.00 -4.00 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 7.10 1.90 12.80 -25.33 percent [+]
Non Manufacturing Pmi 20.00 21.00 57.00 -41.00 points [+]
Machine Tool Orders 89969.00 81669.00 182860.00 19037.00 JPY Million [+]
Mining Production -9.80 -3.40 16.20 -16.10 percent [+]
Tertiary Industry Index 105.40 104.70 109.70 73.20 points [+]
Reuters Tankan Index -6.00 -6.00 39.00 -78.00 points [+]
Steel Production 7742.91 8157.07 10775.00 1177.00 Thousand Tonnes [+]
Cement Production 5198.00 5076.00 9368.00 4218.00 Thousands of Tonnes [+]
All Industry Activity Index 103.90 103.00 108.70 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 48.60 49.80 54.10 46.30 points [+]
Corruption Index 73.00 73.00 80.00 58.00 Points [+]
Corruption Rank 18.00 20.00 25.00 14.00 [+]
Ease of Doing Business 29.00 39.00 39.00 13.00 [+]