Bank of Japan (BOJ) Tankan report for Q1 2019.

  • Its a survey of manufacturing and service companies designed to assess business conditions in Japan. The BOJ Tankan is conducted quarterly.
  • Reuters conduct a private tankan survey, the latest (released March 20) is still indicative of a sluggish Japanese economy.

The outlook for today's report:

  • lower sentiment expected across business sectors
  • Continued concern over slowing Chinese economy (thus slowing Japanese exports), global demand (ditto)
  • Tankan Large Mfg Index: expected is 13, prior was 19
  • Tankan Large Mfg Outlook: expected is 12, prior was 15
  • Tankan Large Non-Mfg Index: expected is 22, prior was 24
  • Tankan Large Non-Mfg Outlook: expected is 20, prior was 20
  • Tankan Large All Industry Capex: expected is +0.7%, prior was +14.3%
  • Tankan Small Mfg Index: expected is 10, prior was 14
  • Tankan Small Mfg Outlook: expected is 6, prior was 8
  • Tankan Small Non-Mfg Index: expected is 9, prior was 11
  • Tankan Small Non-Mfg Outlook: expected is 5, prior was 5
Bank of Japan (BOJ) Tankan report for Q1 2019.