Large companies Manufacturing business forecasts: “The Bank of Japan's Tankan is tougher than expected” June 22 at 6:41

The Bank of Japan's Tankan = Corporate Short-term Economic Observation Survey, which looks at business economic judgments, will be announced next month. While self-restraint in movements has been eased and economic activity is gradually resuming, economic judgments have deteriorated significantly, and the manufacturing index of large companies has fallen to the severe level since the Lehman shock, a private think tank predicts ..

The Bank of Japan's Tankan is an important economic indicator that asks about 10,000 domestic companies every three months about the current state of the economy, etc., to judge the economic conditions of the companies. The index that shows business economic judgment was -8.

The latest results will be announced on the 1st of next month, but 10 companies, including private think tanks, forecast that the manufacturing index of large companies will fall from minus 23 to minus 38.

It is predicted that the economy will fall to a tough level since 2009, when the economy fell sharply after the Lehman shock.

The non-manufacturing index of large companies is also forecast to decline significantly from -7 to -30.

Due to the influence of the new coronavirus, exports of automobiles to Europe and the US have fallen, affecting the production of parts manufacturers.

In addition, due to various voluntary restraints associated with the declaration of emergency, sales fell sharply in a wide range of industries such as tourism, food and retail.

Although economic activity is gradually resuming due to the ease of self-restraint in crossing prefectures, this Tankan is expected to reflect the difficult situation from April to May.