Regarding the Bank of Japan's Tankan (Short-term Economic Observation Survey on Enterprises), which will be released on April 1st, the economic outlook for large companies and manufacturers will be changed to the fourth quarter due to the consolidation of private sector forecasts and the suspension of shipments by some automakers. It is expected that it will get worse.
The Bank of Japan's Tankan is a survey that asks more than 9,000 domestic companies about the current state of the economy, and will be released on April 1st.
According to the forecasts of eight private research companies, the index showing the economic judgment of large companies and manufacturing industries, which are particularly noteworthy when looking at the economy, will be positive for three companies by 9 points, two companies will be positive by 10 points, and three companies will be positive. It was 11 points.
All companies are expected to see a decline of 13 points from the previous survey in December, the first decline in four quarters.
As some automakers have stopped shipping cars due to fraud related to obtaining national certification, business confidence is expected to deteriorate in industries such as steel and non-ferrous metals, which supply materials to these manufacturers. .
However, many believe that the impact is temporary and that the economy will recover in the future.
On the other hand, in the non-manufacturing sector of large companies, 7 out of 8 companies predict an improvement, and 1 company expects it to remain the same, due to factors such as a recovery in inbound demand.