Japan Reuters Tankan Index

Last Release

Apr 30, 2024

Actual

Units In

Points

Frequency

Monthly

Next Release

May 21, 2024

Time to Release

1 Months 3 Days 12 Hours

Highest	Lowest	Average	Date Range	Source
39 Jun 2006	-78 Mar 2009	1.25 Points	1998-2024	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 sentiment index for manufacturers in Japan fell slightly to +9 in April 2024 from +10 in March, easing from a three-month high due to ongoing cost-of-living pressures and shaky economic conditions in major market China. The latest figure was dragged down mainly by chemicals and food processing. The report said that sharp falls in the yen have pushed up the cost of imports in a blow to household consumption. It also added that while the currency’s weakness boosted the value of exports, volume of shipments have not benefited as much. One respondent said: "Our sales appear to be boosted due to the impact of a weak yen, but there's no sign of recovery in terms of volume.” Another manager said: "Demand has not stabilised due to delay in China's economic recovery and uncertainty over the outlook such as decoupling between U.S. and Chinese economies.”