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MNI SURVEY: BOJ March Tankan Business Sentiment Forecasts

TOKYO (MNI)

The following are the median economist forecasts for the Bank of Japan's quarterly Tankan business sentiment survey for March due out on Friday, April 1, 0850 JST (2350 GMT March 31, Thursday):

DataMedian ForecastPrevious Survey
Large Mfg DI1218
Large Non-Mfg DI59
Small Mfg DI-6-1
Small Non-Mfg DI-9-4
FY22 Capex Plans by Big Firms1.9n/a
FY22 Capex Plans by Small Firms-10.6n/a
Sentiment Diffusion Index
Large MfgLarge Non-mfgSmall MfgSmall Non-mfg
Median Forecast125-6-9
High Forecast157-5-6
Low Forecast62-8-12
Previous Survey 189-1-4
No. of Responses8888
Mitsubishi UFJ R&C156-5-8
SMBC Nikko145-6-10
Mizuho R&T137-6-7
BNP Paribas124-7-10
Daiwa Institute of Research113-8-12
Sumitomo Mitsui DS AM83-5-6
Japna Research72-5-9
Dai-ichi Life Research Institute65-7-9
FY2022 Capex Plans (% y/y)
Large FirmsSmall Firms
Median Forecast1.9-10.6
High Forecast3.7-6.4
Low Forecast0.4-14.6
Previous Surveyn/an/a
No. of Responses77
Mitsubishi UFJ R&C1.2-11.8
SMBC Nikko0.4-9.9
Mizuho R&T3.7-6.4
BNP Paribas2.5-7.6
Daiwa Institute of Research2.1-14.3
Sumitomo Mitsui DS AM1.2-14.6
Japna Research1.9-10.6
Dai-ichi Life Research Instituten/an/a
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

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