• Japan: business conditions DI of companies by industry 2021

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The Tankan survey, conducted from February to March 2021, revealed that the Diffusion Index (DI) of business conditions evaluated by enterprises in Japan increased to minus eight points. Among companies in the manufacturing industry, it stood at minus six points, indicating a great impact of the coronavirus (COVID-19) pandemic on their corporate activities.

The Tankan survey stands for the Short-Term Economic Survey of Enterprises in Japan. It is conducted once in three months with the aim of providing an accurate picture of business trends of enterprises in Japan. The target of the survey are private enterprises (excluding financial institutions) in Japan with a capital of 20 million Japanese yen and more.

Diffusion Index (DI) of current business conditions of business enterprises in Japan as of March 2021, by industry

Characteristic	All industries	Manufacturing	Nonmanufacturing
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-

Source

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Source

Release date

April 2021

More information

Region

Japan

Survey time period

February 25 to March 31, 2021

Number of respondents

9,478 business enterprises*

Special properties

paper and online survey

Method of interview

Questionnaire

Supplementary notes

*99% response rate.
Response rate = The number of enterprises that responded to the question on business conditions / the number of sample enterprises * 100

Diffusion Index= ("favorable" - "unfavorable"), % points

Figures prior to March 2021 come from previous reporting.