TABLE-BOJ tankan: Japan corp mood edges up but quake impact looms

 (Adds more figures)	
 TOKYO, April 1 (Reuters) - Japanese manufacturers' business sentiment improved slightly in
the three months to March, the Bank of Japan's closely watched tankan survey showed, but
analysts anticipate a downturn in confidence this quarter following last month's devastating
earthquake and tsunami and subsequent nuclear crisis.	
 The headline index for big manufacturers' sentiment was plus 6 in March, the survey showed
on Friday, improving from plus 5 in December and against the median market forecast of plus 7.	
 But the survey did not fully reflect the impact of the magnitude 9.0 earthquake and tsunami
that flattened coastal towns and cities in the country's northeast, killed more than 11,000 and
triggered the world's worst atomic crisis in 25 years, because the BOJ had collected most firms'
responses before the quake.	
 Details were as follows:	
(Median forecasts from Reuters poll of economists in parenthesis.)
 
                   March 2011    June 2011    Dec 2010
----------------------------------------------------------------	
 Manufacturers
 Large                  +6   (+7)     +2            +5
 Medium                 -4            -8            +1	
 Small                 -10  (-11)    -16           -12
 Non-manufacturers
 Large                  +3   (+2)     -1            +1
 Medium                 -6           -12           -10 	
 Small                 -19  (-22)    -27           -22	
----------------------------------------------------------------    	
                     2011/12
                    March survey	
 CAPITAL SPENDING	
 All firms             -3.7 
  Large Firms          -0.4   (+1.8) 
Manufacturers       +4.3            
Non-manufacturers   -2.9             
  Medium Firms         +0.5               
Manufacturers      +20.9                 
Non-manufacturers  -11.1            
  Small Firms         -24.5  (-17.6)  
Manufacturers       -8.1            
Non-manufacturers  -33.9            	
 RECURRING PROFITS
 All firms             +1.8              
Large Firms          +0.1           
 Manufacturers       +0.6           
 Non-manufacturers   -0.4           
Medium Firms         +2.0            
 Manufacturers       +2.1           
 Non-manufacturers   +2.0            
Small Firms          +8.4           
 Manufacturers       +6.5              
 Non-manufacturers   +9.2  	
            	
 DOLLAR ASSUMPTION	
 Large manufacturers 2011/12:  84.20	
         	
 CORPORATE FINANCE
 Financial Position (percentage of firms saying they find financial conditions easy minus
those who find conditions are tight)
                  March           Dec	
----------------------------------------------------------------
 All firms            +2              +1
 Large               +17             +15    
 Medium               +9              +7    
 Small                -8              -9	
----------------------------------------------------------------
 Lending Attitude of Financial Institutions (percentage of firms that find banks' lending
attitude accommodative minus those who find it severe)
                  March            Dec	
----------------------------------------------------------------	
 All firms             +5             +3      
 Large                +14            +12  
 Medium                +9             +8
 Small                  0             -2	
----------------------------------------------------------------
 EMPLOYMENT DIFFUSION INDEX	
(percentage of firms saying they had excess workers minus those saying they had insufficient
workers)
                  March           Dec
----------------------------------------------------------------
 All firms             +4            +6           	
 Large Firms           +4            +6           
  Manufacturers        +5            +8           
  Non-manufacturers    +3            +4            	
 Small Firms           +5            +7           
  Manufacturers        +8           +11          
  Non-manufacturers    +3            +4	
----------------------------------------------------------------
 PRODUCTION CAPACITY INDEX	
 (percentage of firms saying they had excess capacity minus those saying they had
insufficient capacity)
                 March            Dec
---------------------------------------------------------------- 	
 All firms             +7             +7            
 Large Firms           +6             +8            
  Manufacturers       +11            +12            
  Non-manufacturers    +2             +2             
 Small Firms           +7             +8            
  Manufacturers       +13            +15            
  Non-manufacturers    +4             +4 
----------------------------------------------------------------
 Sentiment indexes measure the percentage of firms reporting a favourable business
environment  minus those reporting unfavourable conditions.
 The survey period: Feb. 24 to March 31 	
  The number of companies surveyed: 11,101, of which 2,384  were large firms.
 To view the BOJ's table on the survey, click on
 http://www.boj.or.jp/en/statistics/tk/yoshi/tk1103.htm/	
	
 (Reporting by Rie Ishiguro; Editing by Chris Gallagher)	
 

TABLE-BOJ tankan: Japan corp mood edges up but quake impact looms