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作成日: 2023/04/03 15:17

更新日: 2025/12/09 05:28

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The Bank of Japan&#039;s &quot;Tankan&quot; survey shows that business sentiment among the country&#039;s major manufacturers has worsened.
                
The trend has continued for five straight quarters, on rising raw-material prices, falling exports and worries of a global economic slowdown.
                
The BOJ polled over 9,000 companies from late February to the end of March.
                
The survey&#039;s closely watched index gauging large manufacturers&#039; mood stands at plus 1. That&#039;s down 6 points from the previous survey in December.
                
A positive number indicates that more companies feel business conditions are good than those taking a negative view.
                
In addition to concerns about material costs and the global economy, sentiment was affected by weakening demand for semiconductors used in smartphones and PCs.
                
Meanwhile, large non-manufacturers remained considerably more upbeat. Their index is up one point to 20, the fourth consecutive quarter of improvement.
                
The easing of coronavirus restrictions and a recovery in inbound tourism lifted companies&#039; mood.
                
In the quarter ahead, the reading for major manufacturers is forecast to improve by 2 points, as auto production is expected to recover while the rise in material costs could ease.
                
But the index for large non-manufacturers is expected to worsen by five points, weighed down by worries about labor shortages.
                
Higher material costs also remain a concern for the construction and real-estate industries.

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