FX.co ★ Japan's Tankan Big Manufacturers Outlook Remains Steady in Q2 2025

In an intriguing turn for Japan's industrial sector, the Tankan Big Manufacturing Outlook Index has maintained its level at 12 for the second consecutive quarter. The indicator, which reflects the business outlook of Japan's major manufacturers, showed no change in the second quarter of 2025 compared to the first quarter.

The stability in the index, updated on June 30, 2025, suggests that Japan's large manufacturers remain cautiously optimistic about their economic prospects despite global uncertainties. Analysts were watching for any movement in the index as a gauge of industry sentiment amid fluctuating market conditions and domestic policy shifts.

While the steady reading is not a harbinger of dramatic growth, it underscores the resilience of Japan's manufacturing sector in navigating ongoing challenges and maintaining equilibrium in a complex global landscape. The unchanged index offers a baseline from which to watch for potential shifts in the industry’s outlook in upcoming quarters.