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Japan Business Confidence

Discussion in 'Market News' started by Lily, Oct 9, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    The Tankan Large Manufacturers Index declined to 12 in the third quarter of 2015 from 15 in the previous period and below market forecasts. The index for big non-manufacturers increased to 25 from 23 and it is the highest level since November 1991. The capital expenditure (capex) of all the Japanese industries except the financial industry rose by 10.9 percent in the third quarter, up from 9.3 percent in the previous survey. Business Confidence in Japan averaged 0.02 from 1983 until 2015, reaching an all time high of 53 in the second quarter of 1989 and a record low of -58 in the first quarter of 2009. Business Confidence in Japan is reported by the Bank of Japan. In Japan, the quarterly Tankan Index of Sentiment at Large Manufacturers covers about 1,200 companies with capital over 1 billion Yen. The survey is done by mail or e-mail and asks participants to evaluate current trends and conditions in the business place and their respective industries as well as their expected business activities for the next quarter and year. The indicator is calculated by subtracting the percentage share of enterprises responding on the negative side from the share giving positive assessments. The index varies on a scale of -100 to 100 such that a value above zero indicates business optimism, a value below zero pessimism and 0 indicates neutrality. This page provides - Japan Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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