Japan: Manufacturing PMI - Final (SA)

Macro

2026-08-03

Description

The Japanese Manufacturing Purchasing Managers' Index (PMI) is compiled and published jointly by IHS Markit and Au Jibun Bank. The index measures the performance and health of the manufacturing sector by surveying purchasing managers from over 400 Japanese manufacturing companies each month. A PMI reading above 50 indicates expansion in the manufacturing sector, while a reading below 50 indicates contraction. This index is crucial for assessing the overall economic health and forecasting future economic activity. It also influences the Bank of Japan's (BOJ) monetary policy, as well as corporate and investment strategies.

The Manufacturing PMI consists of five main sub-indices: New Orders (30%), Output (25%), Employment (20%), Suppliers' Delivery Times (15%), and Stocks of Purchases (10%). This index is essential for evaluating economic conditions, affecting BOJ policy decisions, and guiding corporate and investment strategies.

The index is typically published on the first working day of each month.

Published by
National Tax Agency of Japan (Choice)
Frequency
Monthly
Next Update
Hashtags
Industry PMI Japan

AI Data Insight

Japan's 2026 Q3 (July) Manufacturing PMI recorded 54.5, a slight pullback from the previous value of 54.8, but it has remained in the expansion zone for the seventh consecutive month. Benefiting from the strong order momentum for semiconductor and AI-related products, the growth rates of both new orders and output hit new highs in recent years. Despite facing supply chain disruptions and upward pressure on input costs, business confidence for the future has climbed to a four-month high.

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AI Data Insight

Japan's 2026 Q3 (July) Manufacturing PMI recorded 54.5, a slight pullback from the previous value of 54.8, but it has remained in the expansion zone for the seventh consecutive month. Benefiting from the strong order momentum for semiconductor and AI-related products, the growth rates of both new orders and output hit new highs in recent years. Despite facing supply chain disruptions and upward pressure on input costs, business confidence for the future has climbed to a four-month high.

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Description

The Japanese Manufacturing Purchasing Managers' Index (PMI) is compiled and published jointly by IHS Markit and Au Jibun Bank. The index measures the performance and health of the manufacturing sector by surveying purchasing managers from over 400 Japanese manufacturing companies each month. A PMI reading above 50 indicates expansion in the manufacturing sector, while a reading below 50 indicates contraction. This index is crucial for assessing the overall economic health and forecasting future economic activity. It also influences the Bank of Japan's (BOJ) monetary policy, as well as corporate and investment strategies.

The Manufacturing PMI consists of five main sub-indices: New Orders (30%), Output (25%), Employment (20%), Suppliers' Delivery Times (15%), and Stocks of Purchases (10%). This index is essential for evaluating economic conditions, affecting BOJ policy decisions, and guiding corporate and investment strategies.

The index is typically published on the first working day of each month.

Published by
National Tax Agency of Japan (Choice)
Frequency
Monthly
Next Update
Hashtags
Industry PMI Japan