Japan's Reuters Tankan (Jun 2026): mfg up

Research evidence excerpt

Japan's Reuters Tankan (Jun 2026): mfg up

17 June 2026

Figure 8. Comments by respondents

Sector Comment

Manufacturing Chemical products Orders are up YoY; sales and profits are rising on steady progress in current projects, better

margins

Petroleum, ceramic Production has been stopped on some products due to difficulty procuring raw materials

Operations are being impacted by materials shortages and soaring material prices due to the

naphtha crisis

Iron and steel, Oil-related product supply issues from the Middle East conflict are affecting client production

Nonferrous metals

Machinery Orders are up significantly as semiconductor market recovers

Forex trends are stable due to yen depreciation

Electric machinery Orders are brisk, especially in the semiconductor market

Fluctuations in mineral prices are boosting earnings

Transport machinery Surge in crude oil prices has created special demand driven by front-loaded purchases

Nonmanufacturing Real estate Rents are rising

Lodging and banquet operations are both steady

Auto sales are falling

Customers impacted by the Middle East conflict are pausing or postponing equipment reviews

Wholesale trade Sales are increasing on rush orders driven by Middle East tensions

Orders have been extremely strong over the past few months

Retail trade Memory applications in the semiconductor market in particular are performing well

Information services, Raw material procurement is creating limitations on production volume

communications

Funeral market is deteriorating

Customers are cautious about capex due to the Middle East conflict

Transport, utilities Procurement prices are rising on yen depreciation and surging crude oil prices

Miscellaneous services Electronic component industry orders are recovering