Japan Reuters Tankan Index

Last Release

Sep 30, 2025

Actual

Units In

Points

Frequency

Monthly

Next Release

Oct 09, 2025

Time to Release

26 Days 23 Hours

Highest	Lowest	Average	Date Range	Source
39 Jun 2006	-78 Mar 2009	1.51 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 rose to +13 in September 2025, its highest level since August 2022, boosted by easing trade uncertainties following a tariff deal with the US. Sentiment improved across six of nine manufacturing industries, led by autos and transport machinery. Managers in the sector reported steady overseas orders but noted that domestic production remained sluggish amid weaker exports in recent months. The positive shift came after US President Trump signed an executive order last week formalizing the trade pact with Japan, which includes a reduced tariff rate of 15% on key Japanese exports such as automobiles. The move helped alleviate concerns in Tokyo about the agreement’s implementation and provided a lift to business confidence. Looking ahead, manufacturers expect sentiment to ease modestly to +11 by December, reflecting concerns about a fragile domestic economy.