BOJ tankan set to show manufacturers' confidence receding for second straight quarter: Reuters poll [Reuters]
Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG)
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Source: Reuters
BOJ tankan set to show manufacturers' confidence receding for second straight quarter: Reuters poll | Reuters 4 Min Read TOKYO (Reuters) - Business confidence among big Japanese manufacturers was expected to decline for a second straight quarter in June as higher costs, an export slowdown, and U.S. trade activism heightened corporate caution. A Reuters poll of 17 economists found on Friday that the Bank of Japan’s tankan survey report was expected to show the headline index for big manufacturers’ confidence worsening by two points to plus 22 in June. The tankan’s sentiment index for big non-manufacturers was expected to stay steady in June, supported by solid construction investment and brisk demand from foreign visitors, but higher oil prices and rising labour costs would weigh on the outlook. The index of big non-manufacturers’ sentiment stood at plus 23, unchanged from March survey. “Corporate earnings are on a rising trend thanks to recovery in the domestic and overseas economies,
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MFG
Sec Filings
- 2/26/24 - Form 6-K
- 2/22/24 - Form 6-K
- 2/22/24 - Form 6-K
- MFG's page on the SEC website