BSI Large Manufacturing Conditions Index (QoQ)
The Business Survey Index (BSI) Large Manufacturing released by the Ministry of Finance studies business authorities' assessments of and forecasts for the economy to seize information for keeping track of economic trends. The BSI is the percentage of firms that say domestic economic conditions are rising compared with the previous quarter, minus the percentage of firms that say domestic economic conditions are declining compared with the previous quarter. Normally, a high reading is seen as positive (or bullish) for the JPY, while a low reading is seen as negative (or bearish).
Next Event -
The typical/expected impact on JPY pairs is Low.
Lower numbers than forecast tend to be bullish for xxx/JPY pairs and bearish for JPY/xxx pairs.
Most Recent -
Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
Past Events
| Date | Time | Actual | Consensus |
|---|---|---|---|
| 10 December 2025 | 23:50 | 4.7 | 4.1 |
| 10 September 2025 | 23:50 | 3.8 | -3.3 |
| 11 June 2025 | 23:50 | -4.8 | 0.8 |
| 11 March 2025 | 23:50 | -2.4 | 6.5 |
| 10 December 2024 | 23:50 | 6.3 | - |
| 11 September 2024 | 23:50 | 4.5 | -2.5 |
| 12 June 2024 | 23:50 | -1 | -5.2 |
| 11 March 2024 | 23:50 | -6.7 | 6.2 |
| 10 December 2023 | 23:50 | 5.7 | 5.6 |
| 12 September 2023 | 23:50 | 5.4 | 0.2 |
| 12 June 2023 | 23:50 | -0.4 | 0.1 |
| 12 March 2023 | 23:50 | -10.5 | -4.2 |
| 11 December 2022 | 23:50 | -3.6 | 0.1 |
| 12 September 2022 | 23:50 | 1.7 | - |
| 12 June 2022 | 23:50 | -9.9 | -17.3 |
| 10 March 2022 | 23:50 | -7.6 | - |
| 08 December 2021 | 23:50 | 7.9 | - |
| 12 September 2021 | 23:50 | 7 | - |
| 10 June 2021 | 23:50 | -1.4 | - |
| 11 March 2021 | 23:50 | 1.6 | 25.9 |