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Jul 9, 2026 (Thu) edition 1 articles

Bank of JapanEconomic news (Japan & world)

Sakura Report (July 2026): economic activity is recovering or picking up in all regionsA report by the Bank of Japan summing up the economy of nine regions across the country (the Sakura Report)

On July 9 the Bank of Japan published the Regional Economic Report (Sakura Report) for July 2026. It compiles reports from the Bank's branches and other regional economic departments, based on information gathered for the branch managers' meeting held the same day, and states that although some weak movements are seen, economic activity in all regions is "recovering moderately", "picking up" or "picking up moderately".The Bank of Japan divides the country into nine regions and, four times a year, reports on the economy by putting together the information gathered by its branches and other offices. In the July 9 report, published on July 2026, the economy in every region is described as "recovering moderately", "picking up" or "picking up moderately". Some weak movements are also seen, however.

Overall economic judgment by region (July 2026; selected regions)
  • Applies: Hokkaido: picking up moderately, although some weak movements are seen
  • Applies: Tohoku: picking up
  • Applies: Kanto-Koshinetsu: recovering moderately, although some weak movements are also seen, partly owing to the Middle East situation
  • Applies: Tokai: recovering moderately
  • Applies: Kinki: recovering moderately, although some weak movements are seen
  • Applies: Kyushu-Okinawa: recovering moderately, although some weak movements are seen
How the report comes about
  1. (1) GatherBranches and other offices around the country collect information on their regional economies
  2. (2) CompileThe reports are put together in one for the branch managers' meeting
  3. (3) PublishThe Bank of Japan publishes the economic judgment for each region
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