Japan Tankan Business Conditions for Large Enterprises in Manufacturing (I:TANKAN)

Japan Tankan Business Conditions for Large Enterprises in Manufacturing is at a current level of 24.00, up from 22.00 last quarter and up from 14.00 one year ago. This is a change of 9.09% from last quarter and 71.43% from one year ago.

The Japan Tankan Business Conditions for Large Enterprises in Manufacturing, as provided by the Bank of Japan’s quarterly Tankan Survey, tracks favorability of business conditions for large Japanese manufacturing enterprises. The Tankan Business Conditions value reflects the sentiment and outlook of demand within the Asian markets, related to fixed investments and capital spending throughout. A number greater than 0 represents favorable conditions, while a number less than 0 represents unfavorable conditions. Tankan Business Conditions where negative for most of the period between 1991 to 2000, also know as the “Lost Decade”, a time of economic stagnation in Japan.