High importanceJPJPY · Surveys · 30 Sep 2026 · 19:50 ET · released

Japan Tankan large manufacturers index (Q3)

Actual
24
Forecast
25
Previous
22

Below 24In line 24 to 26Above 26

▏Forecast 25○ Previous 22● Actual 24

Below its usual rangeJPY downbelow 24.

What moved

  • USD/JPY+0.31%
  • EUR/JPY+0.33%
  • GBP/JPY+0.35%

USD/JPY, EUR/JPY and GBP/JPY from the hour before to the hour after (19:00 → 21:00 ET), from 1-hour bars. Timing, not cause: other news lands in the same window.

The levelsMeasured from its last 3 prints

BelowBelow 24JPY downLanded here
USD/JPY up EUR/JPY up GBP/JPY up
In line24 to 26Limited follow-through
AboveAbove 26JPY up
USD/JPY down EUR/JPY down GBP/JPY down

In line is the forecast ± how far this series usually lands from it (median miss 1). Above or below that is a genuine surprise. JPY up or down is the playbook’s mapping for this release; the pairs show how each quote moves when JPY does. Arithmetic, not a forecast.

Its own historyLast 4 prints vs the forecast before each: 2 above · 1 in line · 1 below

13.516.752023.2526.5Dec ’25Mar ’26Jun ’26Sep ’26

— Forecast before the print● Actual

Release history

ReleasedPeriodForecastActualPosition
30 Sep 2026Q32524Below forecast
30 Jun 2026Q21622Above forecast
31 Mar 2026Q11617Above forecast
14 Dec 2025Q41515In line with forecast