Business confidence · Japan
Japan Tankan Large Manufacturers Index
The Japan Tankan Large Manufacturers Index asks companies in Japan how they judge current business conditions and what they expect for the coming months.
- Важность
- High
- Опубликовано
- Quarterly
- Следующая публикация
- Валюта
- JPY · Japanese yen
- Центральный банк
- The Bank of Japan
Последние данные
Последняя публикация, за Q3, вышла 2026-09-30; значение: 24. Это ниже консенсус-прогноза 25. Это выше, чем 22 в прошлый раз.
A weaker figure than expected points to slowing activity: the Japanese yen tends to soften and markets price in lower rates.
За последние 7 публикаций значение колебалось от 12 до 24, в среднем 17. Показатель рос три публикации подряд.
| Опубликовано | Для | Факт | Консенсус | Предыдущее |
|---|---|---|---|---|
| 30 Sep 2026 | Q3 | 24 | 25 | 22 |
| 30 Jun 2026 | Q2 | 22 | 16 | 17 |
| 31 Mar 2026 | Q1 | 17 | 16 | 16 ® |
| 14 Dec 2025 | Q4 | 15 | 15 | 14 |
| 30 Sep 2025 | Q3 | 14 | 15 | 13 |
| 30 Jun 2025 | Q2 | 13 | 10 | 12 |
| 31 Mar 2025 | Q1 | 12 | 12 | 14 |
Почему это важно
Confidence leads hiring and investment decisions, so these surveys often turn before the hard data. Germany's Ifo and ZEW, and Japan's Tankan, are among the most market-moving releases for the euro and the yen.
Как считается
Survey answers (better/same/worse) are turned into a balance (positive minus negative answers) or an index around a long-run average of 100; the release separates current conditions from expectations.
Что означают изменения
- The expectations component turns first; watch its direction over several months.
- A gap between strong current conditions and weak expectations often marks a peak.
Выше ожиданий: A stronger figure than expected points to a healthier economy: it usually supports the Japanese yen and local stocks, and can push bond yields up.
Ниже ожиданий: A weaker figure than expected points to slowing activity: the Japanese yen tends to soften and markets price in lower rates.
Краткая история
Business tendency surveys began in Germany (Ifo) and other European countries after the Second World War; the Bank of Japan's Tankan has been run for decades, and the ZEW financial-expert survey since 1991.
Вопросы
What is the Japan Tankan Large Manufacturers Index?
The Japan Tankan Large Manufacturers Index asks companies in Japan how they judge current business conditions and what they expect for the coming months.
What was the latest Japan Tankan Large Manufacturers Index?
24 for Q3, published on 30 September 2026 (consensus 25, previous 22).
When is the next Japan Tankan Large Manufacturers Index?
On Sunday 13 December 2026 at 23:50 UTC.
Только образовательный материал, не инвестиционная рекомендация. Цифры — опубликованные результаты в том виде, в каком их записал наш календарь; описанные реакции рынка типичны, но не гарантированы.