Japan Reuters Tankan Index

Last Release

Oct 31, 2025

Actual

Units In

Points

Frequency

Monthly

Next Release

Nov 06, 2025

Time to Release

26 Days 23 Hours

Highest	Lowest	Average	Date Range	Source
39 Jun 2006	-78 Mar 2009	1.53 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 +8 in October 2025 from a three-year high of +13 in September, marking the first decline in four months as firms faced pressure from US tariffs, rising costs, and sluggish overseas demand. Among nine manufacturing sectors surveyed, five reported weaker confidence. The auto and transport machinery sector saw the sharpest drop, with its index plunging to +9 from +33. The industry, which made up about one-third of exports to the United States last year and employs around 8% of Japan’s workforce, has been hit by 15% US tariffs under the trade deal with the Trump administration. Persistent increases in raw material, labor, and energy costs also weighed on sentiment. The index is projected to ease further to +4 in January.