The Bank of Japan announced the Q3 2025 Tankan Business Conditions Index for small non-manufacturing enterprises on July 1, 2025. The reported figure was 15, unchanged from the previous reading of 15.This index measures the outlook of small service-sector firms regarding economic growth and business conditions for the upcoming quarter. Its market significance is rated at level 1. Results are derived from a survey of approximately 10,000 companies nationwide, covering areas such as business sentiment, supply and demand dynamics, and order volumes.The index is released quarterly, with the next publication scheduled for October 2025.

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