MNI DATA SURVEY: BOJ June Tankan Business Sentiment

Jun-21 00:21By: Hiroshi Inoue
Data Stories+ 9

The following are the median economist forecasts for the Bank of Japan's quarterly Tankan business sentiment survey for June due out on Friday, July 1, 0850 JST (2350 GMT June 30, Thursday):

Data Median Forecast Previous Survey
Large Mfg DI 12 14
Large Non-Mfg DI 14 9
Small Mfg DI -7 -4
Small Non-Mfg DI -2 -6
Capex by Big Firms for FY2022 8.7 2.2
Capex by Small Firms for FY2022 -6.8 -11.4
Sentiment Diffusion Index
Large Mfg Large Non-mfg Small Mfg Small Non-mfg
Median Forecast 12 14 -7 -2
High Forecast 16 19 -2 -1
Low Forecast 10 12 -10 -5
Previous Survey 14 9 -4 -6
No. of Responses 8 8 8 8
SMBC Nikko 16 13 -2 -2
Sumitomo Mitsui DS AM 14 19 -2 -1
Mizuho R&T 13 12 -8 -5
Japan Research 12 15 -7 -2
NLI 12 14 -7 -2
BNP Paribas 12 14 -7 -2
Daiwa Institute of Research 11 12 -9 -4
Mitsubishi UFJ R&C 10 13 -10 -3
FY2022 Capex Plans (% y/y)
Large Firms Small Firms
Median Forecast 8.7 -6.8
High Forecast 10.5 -4.0
Low Forecast 5.4 -11.4
Previous Survey 2.2 -11.4
No. of Responses 8 8
SMBC Nikko 9.2 -4.0
Sumitomo Mitsui DS AM 5.4 -7.0
Mizuho R&T 10.5 -11.4
Japan Research 7.7 -7.6
NLI 8.9 -6.3
BNP Paribas 8.3 -6.7
Daiwa Institute of Research 8.4 -6.8
Mitsubishi UFJ R&C 9.4 -4.8

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