Japan Tankan Large Manufacturing Index Jumps to 22 in Q2 vs 16 Expected

The Bank of Japan's Tankan survey for the second quarter of 2025 revealed a sharp improvement in business sentiment among large manufacturers. The index climbed to 22, up from 17 in the prior quarter and well above the median economist forecast of 16.

The stronger-than-expected reading suggests growing confidence in Japan's industrial sector, potentially supporting the case for further monetary policy normalization by the BoJ. The Tankan survey is closely watched as a key indicator of economic health and corporate outlook.