Tankan report: business climate in Japan rises to-Covid-level

As a Signal of a coming economic recovery, the mood among the major Japanese industry has turned a company for the first Time since the autumn of 2019 is Positive. In the quarterly Tankan survey of the Bank of Japan, the Index of the terms and conditions of business for large companies, the work increased trade in March from minus ten to plus five points. Finally, the indicator was in September of 2019 at this level. That was before the increase in the consumption tax and before the outbreak of the Covid pandemic. The positive value of the Index indicates that more big companies to be positive than negative estimate.

Patrick Welter

correspondent for economic and policy in Japan, headquartered in Tokyo.

fell from The result, despite the third wave of Infection in Japan, which ended in March, and despite the global shortage of semiconductors, and better than from financial analysts on average expected. The company put the charges in the first quarter of the year, apparently, relatively well. The Bank of Japan has collected the results of the survey from the end of February until the end of March.