An economic survey of Japanese business issued by the central Bank of Japan, which it then uses to formulate monetary policy. The report is released four times a year in April, July, October and mid-December.
Reflects the prevailing sentiment of firms in the service sector on current business conditions. Business confidence among non-manufacturing firms, which conduct most of their business within Japan, reflects both the strength of domestic demand and the health of the non-export sector. The Non-Manufacturing Index is also important as a measure of overall economic health.