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30.09.202623:50:00UTC+00Japan’s Small Manufacturers Turn More Upbeat as Tankan Index Climbs to 14 in Q3 2026

Japan’s small manufacturers reported improved sentiment in the third quarter of 2026, as the Tankan Small Manufacturing Index rose to 14, up from 9 in the previous quarter. The latest reading, released on 30 September 2026, marks a continued strengthening in confidence among smaller industrial firms.

The index’s advance from the second quarter 2026 level of 9 suggests that small manufacturers are viewing business conditions more positively heading into the latter part of the year. While the data do not specify the underlying drivers, the steady increase in the index underscores a more supportive environment for Japan’s smaller manufacturing enterprises.

With the third-quarter reading now at 14, analysts and market participants will be watching subsequent surveys to see whether this improvement in sentiment among small manufacturers can be sustained and translated into stronger output and investment activity.

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