TABLE-Japan manuf mood least bleak in 1-½ yrs-Reuters poll

(Click on [JP/TAN1] for related story)

TOKYO, Feb 17 (BestGrowthStock) – Japanese manufacturers are growing
steadily less pessimistic about economic conditions, with a
Reuters poll showing them at their least gloomy since July 2008
as the economy recovers on the back of exports, particularly to
emerging economies.

Service-sector companies remained more pessimistic than
manufacturers, reflecting tame domestic demand in an economy
mired in deflation. But their sentiment also hit its highest
level since June last year, the Reuters Tankan showed.

Following is a table of indexes for key sectors and a
comparison with the Bank of Japan’s influential tankan survey:

MAY (f’cast) FEB JAN DEC NOV OCT SEPT
================================================================
MANUFACTURERS ( -5) -13 -19 -27 -28 -35 -33
—————————————————————-
(Materials) ( -4) -11 -23 -34 -22 -34 -26
– Textile/paper (-38) -50 -50 -50 -38 -38 -29
– Chemicals ( +9) 0 -13 -15 -4 -13 -13
– Oil refinery/ceramics ( 0) -11 -20 -45 -33 -60 -27
– Steel/nonferrous metals (-17) 0 -33 -67 -60 -60 -80
(Manufactured products) ( -7) -13 -17 -22 -32 -35 -37
– Food (+33) +22 +22 +13 +10 -12 +13
– Metal products/machinery (-32) -31 -45 -55 -57 -59 -60
– Electric machinery (-10) -23 -13 -19 -33 -39 -36
– Autos/transport equipment ( 0) 0 -18 -9 -10 -17 -50
– Precision machinery/others(+13) +13 -20 -10 -40 -10 -20
================================================================
NON-MANUFACTURERS (-20) -31 -34 -39 -35 -33 -34
—————————————————————-
– Real estate/construction (-35) -40 -41 -47 -40 -50 -40
– Retail/wholesale (-16) -36 -33 -43 -40 -30 -31
– Wholesalers ( -7) -19 -21 -33 -50 -27 -19
– Retailers (-22) -48 -40 -50 -33 -31 -41
– Information/communications(-23) -38 -36 -27 -27 -31 -17
– Transport/utility (-30) -38 -50 -43 -36 -33 -50
– Other services ( -7) -14 -19 -32 -25 -26 -30
================================================================
*** COMPARISON WITH BANK OF JAPAN TANKAN ***
================================================================

MANUFACTURERS NON-MANUFACTURERS

RTRS BOJ RTRS BOJ
—————————————————————-
MAY (f’cast) -5 – -20 –
MARCH (f’cast) – -18 – -19
– – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
FEB -13 – -31 –
JAN -19 – -34 –
DEC (2009) -27 -24 -39 -22
NOV -28 – -35 –
OCT -35 – -33 –
SEPT -33 -33 -34 -24
AUG -42 – -38 –
JULY -43 – -38 –
JUNE -50 -48 -31 -29
MAY -69 – -44 –
APR -76 – -38 –
MAR -78 -58 -37 -31
FEB -74 – -39 –
JAN -76 – -31 –
DEC (2008) -64 -24 -26 -9
NOV -42 – -16 –
OCT -25 – -9 –
SEPT -14 -3 -10 +1
AUG -16 – -6 –
JULY -10 – -3 –
JUNE -2 +5 -2 +10
MAY -2 – 0 –
APR +1 – +3 –
MAR +8 +11 +2 +12
FEB +9 – +2 –
JAN +17 – +1 –
DEC (2007) +21 +19 +13 +16
NOV +23 – +9 –
OCT +21 – +19 –
SEPT +24 +23 +14 +20
AUG +30 – +14 –
JUL +28 – +19 –
JUN +31 +23 +16 +22
MAY +29 – +21 –
APR +28 – +26 –
MAR +28 +23 +23 +22
FEB +30 – +20 –
JAN +35 – +23 –

The Reuters Tankan covers 200 large manufacturers and 200
non-manufacturers excluding the financial sector, of which 234
responded to the latest survey, taken from Jan. 29 to Feb. 12.

The index readings are derived by subtracting the percentage
of respondents who say conditions are poor from those who say
they are good. A negative reading means pessimists outnumber
optimists.

Stocks

(For more stories on the Japanese economy, click [ID:nECONJP])
(Reporting by Izumi Nakagawa; Writing by Tetsushi Kajimoto)

TABLE-Japan manuf mood least bleak in 1-½ yrs-Reuters poll