Japan Reuters Tankan Index

Last Release

Jun 30, 2025

Actual

Units In

Points

Frequency

Monthly

Next Release

Jul 16, 2025

Time to Release

27 Days 23 Hours

Highest	Lowest	Average	Date Range	Source
39 Jun 2006	-78 Mar 2009	1.44 Points	1998-2025	Tankan Sponsored by Thomson Reuters

The Reuters Tankan is a monthly survey of leading Japanese companies, and it was formally known as Telerate Tankan until it was renamed after the acquisition of Quick Money line Telerate Corp. by Thomson Reuters Group. It covers a panel of 200 manufacturers and 200 non-manufacturers. The monthly figures are designed to provide early indications of the BOJs quarterly tankan. The indexes are derived by subtracting the percentage of respondents who say business conditions are poor from the percentage of those who say they are good.

Latest Updates

The Reuters Tankan index for Japanese manufacturers dropped to +6 in June 2025, marking a second consecutive monthly decline after readings of +9 in April and +8 in May. The weakening sentiment reflects growing caution among firms amid ongoing US tariff uncertainties and subdued Chinese demand. Japan remains in active negotiations with the United States to remove tariffs on its exports, including a 25% duty on automobiles and auto parts—key pillars of the country's industrial sector. One survey respondent noted: “Our clients remain hesitant about new capital expenditures due to sluggish conditions in China and persistent uncertainty around US tariff policy.” Looking ahead, the index is expected to ease further to +2 over the next three months. Despite the decline, the index staying in positive territory suggests that optimistic firms still slightly outnumber pessimists.