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MNI DATA SURVEY: BOJ June Tankan Business Sentiment Survey

MNI (London)
     TOKYO (MNI) - The following are the median economist forecasts for the Bank
of Japan's quarterly Tankan business sentiment survey for June due out on
Wednesday, July 1, 0850 JST (2350 GMT June 30, Tuesday):
Data                  Median Forecast  Previous Survey
------------------------------------------------------
Large Mfg DI                      -31               -8
Large Non-Mfg DI                  -17                8
Small Mfg DI                      -40              -15
Small Non-Mfg DI                  -31               -1
Capex by Big Firms                2.0              1.8
Capex by Small Firms            -16.2            -11.7
                        Sentiment Diffusion
                                      Index
--------------------------------------------------------------------------------
                                                   Large     Small         Small
                                  Large Mfg      Non-mfg       Mfg       Non-mfg
Median Forecast                         -31          -17       -40           -31
High Forecast                           -23           -9       -36           -21
Low Forecast                            -38          -42       -54           -65
Previous Survey                          -8            8       -15            -1
No. of Responses                          8            8         8             8
Japan Research                          -23          -17       -40           -36
Daiwa Institute of
Research                                -28          -11       -36           -21
SMBC Nikko                              -29          -22       -37           -33
Mitsubishi UFJ R&C                      -31           -9       -48           -29
BNP Paribas                             -31          -20       -40           -32
NLI                                     -32          -17       -36           -24
Mitsubishi Research                     -37          -42       -54           -65
Sumitomo Mitsui DS AM                   -38          -15       -45           -27
                             FY2020 Capex Plans (% y/y)
--------------------------------------------------------------------
                                            Large Firms  Small Firms
Median Forecast                                     2.0        -16.2
High Forecast                                       3.0        -10.6
Low Forecast                                       -6.9        -53.4
Previous Survey                                     1.8        -11.7
No. of Responses                                      8            8
Japan Research                                      2.7        -23.9
Daiwa Institute of Research                         1.2        -14.6
SMBC Nikko                                         -6.9        -53.4
Mitsubishi UFJ R&C                                  3.0        -10.6
BNP Paribas                                         2.7        -14.4
NLI                                                 0.4        -15.3
Mitsubishi Research                                 2.8        -17.8
Sumitomo Mitsui DS AM                               1.3        -17.0
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: M$A$$$,M$J$$$]
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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