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MNI Japan Survey: BOJ Dec Tankan Business Survey

     TOKYO (MNI) - The following are the forecasts by economists polled by MNI
for the quarterly Bank of Japan Tankan business survey for December due out at
0850 JST on Friday, Dec. 15 (2350 GMT on Dec. 14).
Data                      Median Forecast  Previous Survey
----------------------------------------------------------
Large Mfg DI                           23               22
Large Non-Mfg DI                       24               23
Small Mfg DI                           11               10
Small Non-Mfg DI                        9                8
Capex by Big Firms (%)                7.2              7.7
Capex by Small Firms (%)            -9.25            -14.1
Sentiment Diffusion Index
-----------------------------------------------------------------------------
                           Large-mfg  Large Non-mfg  Small Mfg  Small Non-mfg
Median Forecast                   23             24         11              9
High Forecast                     24             24         12              9
Low Forecast                      22             23          9              7
Previous Survey 22                22             23         10              8
No. of Responses                  11             11         11             11
Sumitomo Mitsui AM                25             24         11              9
Mitsubishi UFJ Research           24             24         12              9
Mitsubishi Research               24             24         10              7
BNP Paribas                       24             24         12              9
Japan Research                    23             24         10              8
Mitsubishi UFJ MS                 23             24         11              9
Fujitsu Research                  23             24         10              8
Mizuho Research                   23             23         11              8
Barclays                          23             23         11              9
SMBC Nikko                        23             23         12              9
Daiwa Research                    22             24          9              8
Fiscal 2017 Capex Plans (% y/y)
---------------------------------------------------------
                                 Large firms  Small Firms
Median Forecast                          7.2        -9.25
High Forecast                            8.2         -6.8
Low Forecast                             6.7        -11.9
Previous Survey                          7.7        -14.1
No. of Responses                          10           10
Sumitomo Mitsui AM                       7.5         -8.5
Mitsubishi UFJ Research                  7.0         -7.3
Mitsubishi Research                      n/a          n/a
BNP Paribas                              7.7         -7.2
Japan Research                           7.3        -10.0
Mitsubishi UFJ MS                        6.7        -11.0
Fujitsu Research                         6.9        -11.9
Mizuho Research                          8.2        -11.3
Barclays                                 7.5         -6.8
SMBC Nikko                               7.0         -8.0
Daiwa Research                           7.1        -10.0
--MNI Tokyo Bureau; tel: +81 90-2175-0040; email: hiroshi.inoue@marketnews.com
--MNI Tokyo Bureau; tel: +81 90-4670-5309; email: max.sato@marketnews.com
[TOPICS: MAJDA$,MAJDS$,M$A$$$,M$J$$$]

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