Business confidence · Japan
Japan Tankan Non-Manufacturing Outlook
The Japan Tankan Non-Manufacturing Outlook asks companies in Japan how they judge current business conditions and what they expect for the coming months.
- Важность
- Medium
- 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: 30. Это соответствует консенсус-прогнозу 30. Это выше, чем 28 в прошлый раз.
Результат в рамках консенсуса обычно вызывает слабую реакцию: он уже заложен в цену.
За последние 7 публикаций значение колебалось от 27 до 30, в среднем 28.
| Опубликовано | Для | Факт | Консенсус | Предыдущее |
|---|---|---|---|---|
| 30 Sep 2026 | Q3 | 30 | 30 | 28 |
| 30 Jun 2026 | Q2 | 28 | 30 | 29 |
| 31 Mar 2026 | Q1 | 29 | 28 | 28 |
| 14 Dec 2025 | Q4 | 28 | 28 | 28 |
| 30 Sep 2025 | Q3 | 28 | 29 | 27 |
| 30 Jun 2025 | Q2 | 27 | 29 | 28 |
| 31 Mar 2025 | Q1 | 28 | 29 | 28 |
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 Non-Manufacturing Outlook?
The Japan Tankan Non-Manufacturing Outlook asks companies in Japan how they judge current business conditions and what they expect for the coming months.
What was the latest Japan Tankan Non-Manufacturing Outlook?
30 for Q3, published on 30 September 2026 (consensus 30, previous 28).
When is the next Japan Tankan Non-Manufacturing Outlook?
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.