TANKAN


Also found in: Financial, Wikipedia.
AcronymDefinition
TANKANTanki Keizai Kansoku Chousa
Copyright 1988-2018 AcronymFinder.com, All rights reserved.
References in periodicals archive ?
The Reuters Tankan, which tracks the Bank of Japan's closely watched quarterly tankan survey, found manufacturers' sentiment index stood at 25 in July, down one point from June, and the service sector's mood fell to 34 from 35 in the prior month.
The Tankan survey for the April-June quarter showed confidence among large manufacturers stood at plus 12, well short of market expectations, after hitting a more than six-year high of plus 17 in the preceding quarter.
Stocks drew support as the Tankan report released shortly before the opening bell showed business confidence among large Japanese manufacturers sharply improved in June from three months earlier, brokers said.
Pessimism sets in The BOJ's tankan survey for the April-June quarter showed big manufacturers had turned pessimistic about business conditions for the first time since the global financial crisis, though they expect improvement in the coming months.
The Reuters Tankan, a monthly poll that tracks the quarterly central bank survey of the same name, showed confidence among big manufacturers - key drivers of growth in Japan - fell to a five-year low this month.
The large manufacturers, whose views are seen as the most critical commentary on the Japanese economy, pushed their part of the Tankan's critical Diffusion Index (DI) to a reading of +11--its highest level in six and a half years and the second straight quarter of improvement.
Results of the latest quarterly Tankan survey will be released next Monday.
'This Tankan clearly showed that the Japanese economy is literally faced with the worst recession in the nation's post-war history,' said Hideki Matsumura, a senior analyst at the Japan Research Institute.
Reflecting the improvement in business sentiment, the September tankan survey showed the diffusion index of business sentiment among large manufacturers at plus one, turning positive for the first time in two years and nine months.
Brokers said the Bank of Japan's quarterly Tankan survey, to be released Monday, will show an improvement in business confidence among corporate executives, weighing on bond prices.