Japanese Manufacturers Are Slightly More Optimistic Despite Trump Tariff Worries
- Japanese manufacturers' business sentiment slightly declined to +6 in June 2025 amid ongoing uncertainties surrounding U.S. tariffs and subdued Chinese demand.
- This cautious mood followed a rebound to +9 in April 2025, which was driven by a temporary boost in orders amid lingering concerns over shifting U.S. tariff policies and China’s economy.
- The Bank of Japan Tankan survey, a key quarterly indicator, also showed the service-sector index steady at +30, supported by IT investments and inbound tourism despite rising labor costs and shortages.
- Reports state that tariffs pressure manufacturers to address rigid sourcing, outdated pricing, and fragile supplier contracts by investing in flexible pricing systems and improved supply chain visibility.
- The data suggest manufacturers must build resilience and adapt strategically to tariff-driven shocks, while the Bank of Japan will closely review these trends at its policy meeting on July 30-31, 2025.
25 Articles
25 Articles
Japanese manufacturers turn more optimistic
TOKYO, Japan — Business sentiment among large Japanese manufacturers has improved slightly, according to a survey by Japan’s central bank released Tuesday, although worries persist over President Donald Trump’s tariffs. The Bank of Japan’s quarterly tankan survey said an index for large manufacturers rose to plus 13 from plus 12 in March, when it marked
Japan’s Business Mood Holds up but US Tariff Worries Grow, Survey Shows
TOKYO, July 1 (Reuters) - Confidence among large Japanese manufacturers improved in the three months to June, a central bank survey showed, as firms maintained their bullish long-term spending plans, unfazed by the immediate potential hit from steep U.S. tariffs.
Japan’s central bank survey underpins optimism about growth | The Asahi Shimbun Asia & Japan Watch
Business sentiment among Japan’s large manufacturers stood unchanged in the latest quarter from the previous quarter, according to a closely watched survey called “tankan” released Tuesday.
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