The headline results from the Reuters Tankan:
Large manufacturers April index is -3
- March was also -3
- their outlook for July is +7
Non - manufacturers April index is much better, at +24
- March was +21
- their outlook for July is +19
--
The Reuters Tankan is a quarterly survey conducted by Reuters news agency in collaboration with the International University of Japan.
- is similar to the Tankan survey conducted by the Bank of Japan, which is a quarterly survey of business sentiment among Japanese companies
- the Reuters Tankan has a wider coverage of industries and is not limited to large corporations
- survey is based on interviews with executives of about 500 Japanese companies, covering a range of industries and size
- questions asked in the survey cover various aspects of the economy such as sales, profits, capital expenditure, hiring plans, and inflation expectations
