This indicator measures the sentiment and outlook of large non-manufacturing companies in Japan regarding their business conditions.
Releases at
01:50
Thursday, October 29, 2026 at 01:50
The BoJ Tankan survey is closely watched as a gauge of business confidence in Japan's economy, particularly among large service sector companies.
Investors and policymakers use this outlook to assess the health of the non-manufacturing sector, which includes services, retail, and other industries outside manufacturing.
While it has a lower market impact compared to manufacturing data, shifts in this outlook can signal changes in domestic demand and influence Bank of Japan policy expectations.
Positive sentiment may boost the Japanese yen and equity markets as it suggests stronger economic activity.
Negative sentiment can weigh on the yen and stocks, indicating potential economic slowdown in the service sector.
Markets typically show limited reaction as the data confirms current economic trends.