The Reuters Tankan is monthly, whereas the BOJ tankan is quarterly - Reuters indicators seek to track the official Bank survey results

  • November manufacturers' sentiment index +27 vs +31 in Oct
  • Service-sector index +31 in Nov vs +30 in Oct

More (via Reuters):

  • Confidence among Japanese manufacturers slipped in November from a decade high seen the previous month ... weighed on by producers of industrial materials such as oil, steel, nonferrous metals and chemicals
  • but it remained strong
  • service-sector firms' sentiment edging up, a further sign of broadening recovery ... led by real estate/construction firms
  • The sentiment indexes for manufacturers and service-sector firms are expected to hold largely steady over the next three months
  • retail muted


Reuters poll of 547 large- and mid-sized companies

  • 255 firms responded
  • conducted Oct. 26 to Nov. 7.
  • Reuters Tankan indexes are calculated by subtracting the percentage of pessimistic respondents from optimistic ones. A positive figure means optimists outnumber pessimists.


Eyes will be on Nikkei today after its tumble and moves lower for stock elsewhere also.