Tokyo, July 1 (Jiji Press)–Business sentiment among large manufacturers in Japan improved for the fifth straight quarter, the Bank of Japan’s “tankan” survey for June showed Wednesday. The headline diffusion index for large manufacturers’ current business conditions rose to plus 22 from plus 17 in the previous March survey. The current business condition DI for large nonmanufacturers came to plus 37, improving for the first time in five quarters. The DI shows the percentage of companies seeing good business conditions minus that of firms feeling the opposite. Looking ahead, the business condition outlook DI for September stood at plus 17 for large manufacturers and plus 28 for large nonmanufacturers. END [Copyright The Jiji Press, Ltd.]
Japan Big Maker Sentiment Improves for 5th Straight Quarter
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