Bank of Japan survey of business
- Tankan Large Mfg Index 5: expected 1, prior was 7
- Tankan Large Mfg Outlook 2: expected 0, prior was 7
- Tankan Large Non-Mfg Index 21: expected 20, prior was 23
- Tankan Large Non-Mfg Outlook 15: expected 16, prior was 17
Generally beats for the larger firms , but results down from Q2.
Capex indications not so strong.
- Tankan Large All Industry Capex6.6%: expected 7.0%, prior was 7.4%
Smaller firms not faring as well as the big 'Japan Inc.' firms.
- Tankan Small Mfg Index -4: expected -6, prior was -1
- Tankan Small Mfg Outlook-9: expected -8, prior was -5
- Tankan Small Non-Mfg Index 10: expected 8, prior was 10
- Tankan Small Non-Mfg Outlook 1: expected 1, prior was 3
Once again yen doing pretty much nothing.
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The Bank of Japan Tankan report is a survey of manufacturing and service companies designed to assess business conditions in Japan
- conducted quarterly.