BOJ Tankan Survey Expected to Show Stronger Manufacturers' Sentiment

The Bank of Japan's 'tankan' survey is expected to show an improvement in business sentiment among major Japanese manufacturers, according to forecasts by private think tanks.

Many think tanks, including Daiichi Life Research Institute Co., expect demand related to artificial intelligence and semiconductors to boost business sentiment.

The average forecast from 12 think tanks put the headline diffusion index for large manufacturers' current business conditions at plus 26, up 4 points from the previous June tankan.