Tokyo, April 1 (Jiji Press)–Business sentiment among large manufacturers in Japan improved for the fourth straight quarter, the Bank of Japan’s “tankan” survey for March showed Wednesday. The headline diffusion index for large manufacturers’ current business conditions rose to plus 17 from plus 16 in the previous December survey. Meanwhile, the current business condition DI for large nonmanufacturers came to plus 36, unchanged from December. 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 toward June stood at plus 14 for large manufacturers and plus 29 for large nonmanufacturers. The latest survey employed a new standard that revised the sample of companies surveyed. END [Copyright The Jiji Press, Ltd.]
Japan Big Maker Sentiment Improves for 4th Straight Quarter
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