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Oct 1, 2026 Bank of Japan Economic news (Japan & world)

BOJ Tankan, September survey: business conditions DI for large enterprises, all industries, at 30In the "How's business?" survey of companies, more companies answered "good"

In the 210th Short-Term Economic Survey of Enterprises in Japan (Tankan, September survey) released by the Bank of Japan on October 1, 2026, the business conditions DI for all industries ("favorable" minus "unfavorable", in percentage points) was 30 for large enterprises, 24 for medium-sized enterprises and 15 for small enterprises. Compared with the latest values in the June survey, these are higher by 1, 2 and 2 points respectively.

Business conditions DI, all industries (September survey, latest)
Large enterprises30points
Medium-sized enterprises24points
Small enterprises15points

Key points

  • The survey covered 9,104 companies, with a response rate of 99.4% and a response period of August 26 to September 30
  • Business conditions (latest) for all industries: large enterprises 30, medium-sized enterprises 24, small enterprises 15
  • Business conditions outlook: large enterprises 25, medium-sized enterprises 18, small enterprises 11
  • Large enterprises: manufacturing 24, non-manufacturing 35; small enterprises: manufacturing 14, non-manufacturing 15
Who is affected: Business owners who want to compare their own sentiment with the overall picture, and accounting staff who check business plans and trends among business partners

What to do in practice

  • Check the figures for the category closest to your own industry and size, and compare them with how your company feels
  • Use the outlook as one reference when thinking about prospects for orders and cash flow
Note: The business conditions DI reflects the sentiment of the companies that responded and does not indicate the results of individual companies.

The Bank of Japan holds a big survey four times a year, asking companies across the country, "How is the economy right now?" In the results announced on October 1, more companies answered "good" than "bad." However, the answers about the future were somewhat more cautious.

How companies in all industries see the economy ("good" minus "bad")
Now (September survey)Outlook for about 3 months ahead
Large enterprises3025
Medium-sized enterprises2418
Small enterprises1511

Points

  • For both large and small companies, "good" was more common than "bad"
  • The numbers differ by company size, and large companies have bigger numbers
  • The outlook for 3 months ahead was a bit lower than the current number
For example: If 40% of companies answer "good" and 10% answer "bad," the difference, 30, is the number that shows how the economy looks.

What the words mean

Tankan
A survey by the Bank of Japan that asks companies across the country about the economy
DI
The share of companies answering "good" minus the share answering "bad"
Sources (official)
Checked against the source on: Oct 18, 2026

Economic news presents published statistics and outlooks. It is not investment solicitation or trading advice. Figures are as of publication and may be revised.

This article summarizes and explains materials published by government agencies and is not advice on any individual case. Rules can change, so for actual procedures and decisions always check the latest original materials and consult professionals such as tax accountants or labor and social security attorneys. English, Simplified Chinese and Traditional Chinese versions are translations prepared from the Japanese articles for convenience. If anything differs, the Japanese text and the original source take precedence.

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