TOKYO — Big Japanese manufacturers
remained gloomy over business conditions for a third straight
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month in March, the Reuters Tankan showed on Thursday, while
non-manufacturers’ sentiment rebounded in a sign of revival in
post-COVID activity.
The Reuters Tankan, which closely tracks the Bank of Japan’s
quarterly ‘tankan’ survey, canvassed 493 big non-financial
firms, of which 252 responded during the March 8-17 survey
period.
Following is a table of index readings, which are derived by
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subtracting the percentage of respondents who say conditions are
poor from those who say conditions are good. A negative reading
means pessimists outnumber optimists.
2023 2022
JUNE (forecast) MARCH FEB JAN DEC NOV OCT
================================================================
MANUFACTURERS (+10) -3 -5 -6 +8 +2 +5
—————————————————————-
(Materials) ( +3) -17 -7 -14 -2 +3 0
– Textiles/paper ( 0) -30 -20 -30 -20 0 -10
– Chemicals ( +6) 0 0 -6 +11 +11 +10
– Oil refinery/ceramics (+15) -15 0 -12 +13 0 0
– Steel/nonferrous metals ( -9) -36 -9 -17 -20 -11 -9
(Manufactured products) (+14) +5 -3 0 +13 +2 +8
– Foods (+22) +11 0 +10 0 +25 +12
– Metal products/machinery (+19) +23 +14 +11 +37 +26 +18
– Electric machinery ( -4) -22 -28 -10 -5 -24 +5
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– Autos/transport equipment (+19) +6 -15 -21 +9 -29 -17
– Precision machinery/others(+23) +15 +7 +7 +7 +14 +15
================================================================
NON-MANUFACTURERS (+16) +21 +17 +20 +25 +20 +15
—————————————————————-
– Real estate/construction (-12) -12 -8 -9 +7 +9 0
– Retail/wholesale (+19) +33 +16 +31 +30 +32 +17
– Wholesalers (+15) +42 +27 +48 +45 +50 +42
– Retailers (+24) +24 +5 +13 +12 +11 -12
– Information/communications(+42) +50 +50 +34 +46 +39 +43
– Transport/utility (+15) +10 +22 +24 +27 +26 +32
– Other services (+26) +30 +20 +23 +19 0 0
===============================================================
MANUFACTURERS NON-MANUFACTURERS
RTRS BOJ RTRS BOJ
—————————————————————
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JUNE 2023 (forecast) (+10) – (+16) –
MAY – – – –
APR – – – –
MAR (forecast) -3 ( +6) +21 (+11)
FEB -5 – +17 –
JAN -6 – +20 –
DEC 2022 +8 +7 +25 +19
NOV +2 – +20 –
OCT +5 – +15 –
SEP +10 +8 +11 +14
AUG +13 – +19 –
JUL +9 – +14 –
JUN +9 +9 +13 +13
MAY +5 – +13 –
APR +11 – +8 –
MAR +8 +14 -1 +9
FEB +6 – +3 –
JAN +17 – +8 –
DEC 2021 +22 +17 +6 +10
NOV +13 – +1 –
OCT +16 – -1 –
SEP +18 +18 -2 +2
AUG +33 – +5 –
JUL +25 – -3 –
JUN +22 +14 0 +1
MAY +21 – +2 –
APR +13 – -3 –
MAR +6 +5 -5 -1
FEB +3 – -7 –
JAN -1 – -11 –
DEC 2020 -9 -10 -4 -5
NOV -13 – -13 –
OCT -26 – -16 –
SEP -29 -27 -18 -12
AUG -33 – -23 –
JUL -44 – -26 –
JUN -46 -34 -32 -17
MAY -44 – -36 –
APR -30 – -23 –
MAR -20 -8 -10 +8
FEB -5 – +15 –
JAN -6 – +14 –
DEC 2019 -6 0 +14 +20
NOV -9 – +12 –
OCT -5 – +25 –
SEP -7 +5 +19 +21
AUG -4 – +13 –
JUL +3 – +25 –
JUN +6 +7 +22 +23
MAY +12 – +27 –
APR +8 – +24 –
MAR +10 +12 +22 +21
FEB +13 – +22 –
JAN +18 – +31 –
—————————————————————-
(Reporting by Tetsushi Kajimoto
Editing by Bernadette Baum)