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MNI DATA SURVEY: BOJ Dec Tankan Business Sentiment Survey

MNI (Singapore)
     TOKYO (MNI) - The following are the median economist forecasts for the Bank
of Japan's quarterly Tankan business sentiment survey for December due out on
Friday, Dec. 14.
Data                  Median Forecast  Previous Survey
------------------------------------------------------
Large Mfg DI                       18               19
Large Non-Mfg DI                   22               22
Small Mfg DI                       13               14
Small Non-Mfg DI                    9               10
Capex by Big Firms               12.4             13.4
Capex by Small Firms             -3.7             -8.4
                      Sentiment Diffusion
                                    Index
--------------------------------------------------------------------------------
                                                  Large     Small
                                Large Mfg       Non-mfg       Mfg  Small Non-mfg
Median Forecast                        18            22        13              9
High Forecast                          21            23        13             11
Low Forecast                           13            20         8              8
Previous Survey                        19            22        14             10
No. of Responses                        8             8         8              8
Japan Research                         21            23        13             11
Daiwa Research                         19            21        12              8
Mizuho Research                        18            22        13             10
Mitsubishi UFJ
R&C                                    18            22        13              9
Fujitsu Research                       17            22        11              8
Mitsubishi
Research                               17            21        13              8
BNP Paribas                            17            21        12              9
Sumitomo Mitsui
AM                                     13            20         8              8
Fiscal 2018 Capex Plans (% y/y)
---------------------------------------------------------
                                 Large Firms  Small Firms
Median Forecast                         12.4         -3.7
High Forecast                           13.1         -1.0
Low Forecast                            11.4         -9.2
Previous Survey                         13.4         -8.4
No. of Responses                           8            8
Japan Research                          12.5         -1.5
Daiwa Research                          13.0         -4.0
Mizuho Research                         12.4         -9.2
Mitsubishi UFJ R&C                      13.1         -1.0
Fujitsu Research                        12.4         -1.9
Mitsubishi Research                     11.4         -3.3
BNP Paribas                             12.3         -5.1
Sumitomo Mitsui AM                      12.3         -4.0
--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: flora.guo@marketnews.com
[TOPICS: MMJBJ$,M$A$$$,M$J$$$]

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