The business survey index of large manufacturing firms in Japan increased 7.9% in the fourth quarter of 2021 from 7% in the third quarter, remaining positive for the second consecutive period as business confidence rose after the latest coronavirus state of emergency was lifted. The results came amid a new threat from the Omicron variant which reports suggested is less severe than initially feared, raising optimism over the global economic recovery. The Japanese government also provided support for the economy, unveiling a record $490 billion fiscal package while the Bank of Japan appeared keen to retain accommodative monetary policies. The business survey index measures the percentage of firms that expect the business environment to improve from the previous quarter minus the percentage that expect it to worsen. source: Cabinet Office, Japan

Business Survey Index Large Manufacturing Firms in Japan averaged -1.07 percent from 2004 until 2021, reaching an all time high of 21.60 percent in the fourth quarter of 2020 and a record low of -66 percent in the first quarter of 2009. This page includes a chart with historical data for Japan Business Survey Index Large Manufacturing Firms. Japan Business Survey Index Large Manufacturing Firms - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Business Survey Index Large Manufacturing Firms in Japan is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Japan Business Survey Index Large Manufacturing Firms

Japan Business Survey Index Large Manufacturing Firms
The Business Outlook Survey is an analysis of the business leaders' assessments and forecasts of and for the economy in order to gain basic information for keeping track of economic trends. It covers about 15,000 companies that have established their headquarters or principal offices in Japan.
Actual Previous Highest Lowest Dates Unit Frequency
7.90 7.00 21.60 -66.00 2004 - 2021 percent Quarterly

Calendar GMT Actual Previous Consensus TEForecast
2021-09-12 11:50 PM Q3 7.0 -1.4 -1
2021-12-08 11:50 PM Q4 7.9% 7% 10%
2022-03-10 11:50 PM Q1 7.9%

Related Last Previous Unit Reference
New Orders 1023.80 1073.52 JPY Billion Nov/21
Machinery Orders 3.40 3.80 percent Nov/21
Changes in Inventories 334.20 -418.30 JPY Billion Sep/21
Coincident Index 92.80 89.80 Nov/21
Economy Watchers Survey 56.40 56.30 points Dec/21
Leading Economic Index 103.20 101.50 points Nov/21
Economy Watchers Survey Outlook 49.40 53.40 points Dec/21
Business Survey Index Large Manufacturing Firms 7.90 7.00 percent Dec/21