The September BOJ Tankan survey showed business sentiment among large manufacturers at its highest level in 8.5 years, with the results supporting the BOJ's rate-hike path. At the same time, some reports said the outlook for October appeared somewhat weaker.
The September BOJ Tankan survey showed business sentiment among large manufacturers at its highest level in 8.5 years. It once again demonstrated resilience in the corporate sector and affected the market's economic outlook.
According to reports, the survey was viewed as supporting the BOJ's rate-hike path. Views have been expressed that price trends and companies' pricing activity will also be relevant to monetary policy going forward.
Meanwhile, the outlook for October may weaken somewhat, prompting more cautious views on the sustainability of strong business sentiment in the short term.