TOKYO – Business confidence among major Japanese manufacturers improved to 17 in March from 16 three months earlier, the Bank of Japan’s Tankan survey showed Wednesday.
The sentiment index measuring confidence among companies such as those in the auto and electronics sectors was higher than the average market forecast of 16 in a Kyodo News tally.
The index for large nonmanufacturers, including the service sector, was unchanged from the previous survey in December at 36. The results for December were revised, the BOJ said.
AloJapan.com