Japan Reuters Tankan Index

Last Release

Mar 31, 2025

Actual

-1

Units In

Points

Frequency

Monthly

Next Release

Apr 16, 2025

Time to Release

27 Days 1 Hours

Highest	Lowest	Average	Date Range	Source
39 Jun 2006	-78 Mar 2009	1.38 Points	1998-2025	Tankan Sponsored by Thomson Reuters

The Reuters Tankan is a monthly survey of leading Japanese companies, and it was formally known as Telerate Tankan until it was renamed after the acquisition of Quick Money line Telerate Corp. by Thomson Reuters Group. It covers a panel of 200 manufacturers and 200 non-manufacturers. The monthly figures are designed to provide early indications of the BOJs quarterly tankan. The indexes are derived by subtracting the percentage of respondents who say business conditions are poor from the percentage of those who say they are good.

Latest Updates

Business sentiment among Japanese manufacturers declined to -1 in March 2025 from +3 in February, marking the first negative reading in three months. The drop reflects growing concerns over U.S. tariff policies and economic weakness in China. As an export-driven economy, Japan remains highly vulnerable to disruptions in global trade, particularly as the U.S. enforces tariffs on key trading partners. One respondent also noted the impact of China’s slowdown, stating: “Orders that had primarily come from China are now being shifted to production in Japan and other overseas locations.” Despite the current decline, sentiment is expected to recover in the coming months, with the index projected to rise to +4 by June. The monthly Reuters poll serves as a key indicator for the Bank of Japan’s quarterly Tankan business survey.