Japan · TANKAN: business conditions of large manufacturers
Diffusion index of the Bank of Japan's quarterly TANKAN survey: share of large manufacturers that judge business conditions « favorable », minus the share that judge them « unfavorable », in points. Positive, optimists outweigh pessimists; negative, the reverse. It is Japan's most watched business survey, published in early April, July, October and December. The series starts in March 2004, when the sample was revised (no continuity with earlier surveys).· Survey of opinions, not output; series restarts in March 2004
24balance
Q3 2026
+71.4 %vs Q3 2025
min −58 Q1 2009max +26 Q3 2004
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Source: Bank of Japan, Bank of Japan · TANKAN· Data Q3 2026
Large manufacturers judging conditions favorable minus unfavorable, % pointsSurvey of opinions, not output; series restarts in March 2004Upd. 10/2026
