Japan Tankan Non-Manufacturing Outlook

Price

Price

28 Points

Change +/-

-1 Points

Percentage Change

-3.45 %

The current value of the Tankan Non-Manufacturing Outlook in Japan is 28 Points. The Tankan Non-Manufacturing Outlook in Japan decreased to 28 Points on 6/1/2026, after it was 29 Points on 3/1/2026. From 9/1/1983 to 6/1/2026, the average GDP in Japan was 7.06 Points. The all-time high was reached on 12/1/1990 with 51.00 Points, while the lowest value was recorded on 3/1/1999 with -36.00 Points.

Source: Bank of Japan

The current value of Tankan Non-Manufacturing Outlook in Japan is 28 Points. Tankan Non-Manufacturing Outlook in Japan decreased to 28 Points from 29 Points.Tankan Non-Manufacturing Outlook in Japan averaged 7.06 Points from 9/1/1983 until 6/1/2026.The all-time high was 51.00 Points (12/1/1990)and the record low was -36.00 Points (3/1/1999).

Tankan Non-Manufacturing Outlook

Tankan Non-Manufacturing Outlook

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Tankan Outlook for Non-Manufacturing Sector
Date
Tankan Outlook for Non-Manufacturing Sector
Sep 1, 2024
28.00 points
Dec 1, 2024
28.00 points
Mar 1, 2025
28.00 points
Jun 1, 2025
27.00 points
Sep 1, 2025
28.00 points
Dec 1, 2025
28.00 points
Mar 1, 2026
29.00 points
Jun 1, 2026
28.00 points
Access this data via the Eulerpool API

Tankan Non-Manufacturing Outlook History

Tankan Non-Manufacturing Outlook — History
DateValue
28 Points
29 Points
28 Points
28 Points
27 Points
28 Points
28 Points
28 Points
27 Points
27 Points
...

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Tankan Non-Manufacturing Outlook

The Tankan (Short-Term Economic Survey of Enterprises in Japan) is a statistical survey carried out by the Bank of Japan. Its primary objective is to deliver an accurate portrayal of business trends among Japanese enterprises, thereby aiding in the effective implementation of monetary policy.

What is Tankan Non-Manufacturing Outlook?

The 'Tankan Non-Manufacturing Outlook' is a pivotal indicator within the realm of macroeconomics, carrying profound implications for policymakers, investors, and business strategists. As one of the critical segments of the Japanese economy, the non-manufacturing sector encapsulates industries that range from services to retail, hospitality, and finance. Established and published quarterly by the Bank of Japan (BoJ), the Tankan survey offers insights into business sentiments, providing a predictive gauge of economic trends within this diverse sector. At Eulerpool, we recognize the paramount importance of delivering accurate and comprehensible macroeconomic data, making the Tankan Non-Manufacturing Outlook an indispensable part of our offerings. To fully grasp the significance of the Tankan Non-Manufacturing Outlook, it is essential to appreciate the methodology underpinning the survey. The Bank of Japan meticulously gathers responses from a broad array of companies, spanning various non-manufacturing industries. The survey queries executives on their current business conditions and expectations for the future, resulting in indices that reflect both the present and anticipated economic climate. The indices are constructed by subtracting the percentage of respondents who view conditions as unfavorable from those who view them as favorable. A positive index suggests overall optimism, while a negative index highlights prevailing pessimism. The Tankan Non-Manufacturing Outlook serves as a bellwether for several downstream economic activities and indexes. By examining the confidence levels among non-manufacturing firms, stakeholders can infer likely trends in employment, capital expenditure, and consumer spending. For instance, a positive outlook may indicate robust hiring, leading to increased consumer expenditure due to higher disposable incomes. Conversely, a negative outlook can signal caution among employers, potentially resulting in subdued job growth and weaker consumer demand. One of the primary strengths of the Tankan Non-Manufacturing Outlook lies in its forward-looking perspective. Unlike other economic indicators that are retrospective and reflect past performance, the Tankan survey places significant emphasis on future expectations. This prognostic approach is invaluable for investors, allowing them to position their portfolios in anticipation of economic shifts. Asset managers can use the survey data to identify sectors that might outpace others, tailoring their strategies to capitalize on emerging opportunities and mitigate potential risks. Furthermore, the Tankan Non-Manufacturing Outlook is instrumental for policymakers, particularly within the purview of monetary policy. The Bank of Japan relies on the survey's findings to gauge the effectiveness of its policy measures and to fine-tune its strategies aimed at stabilizing the economy. For instance, a deteriorating outlook might prompt the central bank to implement stimulative measures such as lowering interest rates or engaging in quantitative easing to spur economic activity. On the other hand, an optimistic outlook could lend support to tightening monetary policies if inflationary pressures are becoming a concern. The business community too stands to gain from the insights offered by the Tankan Non-Manufacturing Outlook. For corporate leaders, understanding the broader economic environment is crucial for strategic planning. The survey equips managers with the information needed to make informed decisions regarding investments, expansion, and workforce management. A favorable outlook, for example, might encourage companies to undertake new projects or enter new markets, confident in the sustained demand for their services. In contrast, a bleak outlook may lead to cost-cutting measures and a more conservative approach to business operations. Examining the Tankan survey over time reveals valuable trends and cyclical patterns inherent in the non-manufacturing sector. Historical data can uncover correlations and causations that are vital for long-term planning and analysis. By tracking the trajectory of business sentiment, analysts can discern the resilience and vulnerabilities within various sub-sectors. This longitudinal analysis can help identify structural shifts and emerging sectors that may redefine the economic landscape in the future. The international relevance of the Tankan Non-Manufacturing Outlook should not be overlooked. As the Japanese economy is deeply interwoven with global trade networks, changes within its non-manufacturing sector can have far-reaching implications. Global investors and multinational corporations closely monitor the survey to understand the economic health of one of the world's largest economies. For instance, a positive outlook in the Japanese financial sector could signal increased activity in global financial markets, attracting international investment and driving cross-border economic synergy. In the context of Eulerpool, our mission is to provide users with actionable, precise, and comprehensive macroeconomic data. The Tankan Non-Manufacturing Outlook is a cornerstone of our offerings, presented with the highest standards of accuracy and clarity. By integrating this data into our platform, we enable users - from individual investors to large institutional players - to leverage these insights for informed decision-making. The survey data are meticulously updated and analyzed to reflect the most current economic conditions, ensuring our users have access to real-time information for their strategic needs. In conclusion, the Tankan Non-Manufacturing Outlook is more than just a reflection of business sentiment within Japan's non-manufacturing sector. It is a multifaceted tool that bridges current conditions with future expectations, guides investment decisions, informs policy measures, and offers strategic insights for businesses. At Eulerpool, we are committed to empowering our users with this essential economic indicator, part of a broader commitment to delivering high-quality macroeconomic data that drives smarter decisions and fosters economic understanding. By providing a comprehensive analysis of the Tankan Non-Manufacturing Outlook, we strive to illuminate the complex dynamics of the non-manufacturing sector, enhancing our users' ability to navigate and thrive in an ever-evolving economic landscape.

Tankan Non-Manufacturing Outlook Japan — FAQ

What is the current Tankan Non-Manufacturing Outlook in Japan?

The current Tankan Non-Manufacturing Outlook in Japan is 28 Points as of 6/1/2026.

How has the Tankan Non-Manufacturing Outlook in Japan changed recently?

The Tankan Non-Manufacturing Outlook in Japan decreased from 29 Points (3/1/2026) to 28 Points (6/1/2026).

What is the all-time high for Tankan Non-Manufacturing Outlook in Japan?

The all-time high for Tankan Non-Manufacturing Outlook in Japan was 51.00 Points, recorded on 12/1/1990.

What is the all-time low for Tankan Non-Manufacturing Outlook in Japan?

The all-time low for Tankan Non-Manufacturing Outlook in Japan was -36.00 Points, recorded on 3/1/1999.

What is the historical average of Tankan Non-Manufacturing Outlook in Japan?

The historical average of Tankan Non-Manufacturing Outlook in Japan is 7.06 Points, calculated over the period from 9/1/1983 to 6/1/2026.

Where does the Tankan Non-Manufacturing Outlook data for Japan come from?

The Tankan Non-Manufacturing Outlook data for Japan is sourced from Bank of Japan and published on Eulerpool.

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