Part of the quarterly Tankan survey by the Bank of Japan, this indicator tracks the planned capital investment by small manufacturing and non-manufacturing enterprises. It serves as a leading indicator of future economic growth and business sentiment within the SME sector. Significant deviations from estimates can signal shifts in Japan's broader industrial health and future production capacity.
Calculated based on survey responses from thousands of small Japanese firms regarding their planned spending on fixed assets (excluding land) for the current fiscal year.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Jun 30, 2026 | -8.30 | — | — |
| Dec 14, 2025 | 0.10 | — | — |
| Sep 30, 2025 | -2.30 | — | — |
| Jun 30, 2025 | -5.60 | — | — |
| Mar 31, 2025 | -10.00 | — | — |
| Dec 12, 2024 | 4.00 | — | — |
| Jun 30, 2024 | -0.80 | — | — |
| Dec 13, 2016 | -6.20 | -3.10 | -3.10 |
