Definition: This indicator is based on a survey designed to measure Japanese business sentiment.
Description: The Tankan Survey polls anywhere from eight to ten thousand Japanese businessmen on current trends and conditions in Japanese business as a whole, as well as in their respective industries. Participants are asked about their expectations for the upcoming quarter and year. The companies polled represent a sample of businesses of various sizes and include several of the largest Japanese firms, as well as a number of medium and small businesses.
Influence: A positive reading may indicate a strengthening of the JPY.
Market Impact: High
Released: Quarterly: at the beginning of April, July, and October, and in mid-December
Source: The Bank of Japan