Japan Reuters Tankan Index

Last Release

Apr 30, 2025

Actual

Units In

Points

-1

Frequency

Monthly

Next Release

May 21, 2025

Time to Release

1 Months 4 Days 1 Hours

Highest	Lowest	Average	Date Range	Source
39 Jun 2006	-78 Mar 2009	1.4 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 sentiment index for manufacturers in Japan jumped to +9 in April 2025 from -1 in March, marking the highest reading since August last year. Despite the upbeat current sentiment, the outlook for the next three months has darkened due to escalating concerns over U.S. trade policy. The index is projected to fall back to zero as Japan braces for a 10% tariff on its exports to the U.S. and a steep 25% duty on automobiles. Export-driven industries, particularly automotive and machinery, are sounding the alarm over declining orders and increased client caution. Uncertainty surrounding U.S. tariffs remains the dominant concern, though some companies also pointed to weakening demand from China and the impact of low-cost Chinese goods undercutting domestic sales.