Japan Micro Business Sales DI (JFC)
Monthly survey of about 1,500 micro businesses that borrow from the JFC's micro business and individual unit, since February 1993: sales DI in total and for manufacturing, wholesale, retail, restaurants, services, construction and transport, with the sales outlook DI, the profitability DI and the profitability outlook DI. A diffusion index (DI) is the share of firms answering 'increase' or 'good' minus the share answering 'decrease' or 'bad'.
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | 08-2025 | 07-2025 | 06-2025 | 05-2025 | 04-2025 | 03-2025 | 02-2025 | 01-2025 | 12-2024 | 11-2024 | 10-2024 | 09-2024 | 08-2024 | 07-2024 | 06-2024 | 05-2024 | 04-2024 | 03-2024 | 02-2024 | 01-2024 | 12-2023 | 11-2023 | 10-2023 | 09-2023 | 08-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales DI (seasonally adjusted)8 | 2.3 | -8.7 | -5.5 | -6.3 | -10 | -5.9 | -0.1 | -4.2 | -4.7 | -1.6 | -5.4 | -3.1 | -6.3 | -6.4 | -3.9 | -9.2 | -4.7 | -11 | -4.1 | -1.8 | 2.4 | -3 | -2.2 | -5.8 | -0.6 | -3.9 | -4 | -0.1 | -0.6 | 6.5 | 3.2 | 6.1 | 5.2 | 2.5 | 10.8 | 15.2 | ||
| Sales DI: manufacturing (seasonally adjusted) | -10.5 | -9.7 | -10.1 | -12.3 | -4.9 | -15.9 | -14.4 | -9 | 1.1 | -10.9 | -7.8 | -11.1 | -12.8 | -11.9 | -12.6 | -14.1 | -23.9 | -9.2 | -10.9 | -7.8 | -12.5 | -6.2 | -3.3 | -14 | -9.3 | -13.5 | -13.9 | -15.5 | -16.1 | -11.7 | -5.2 | -15.2 | -8.2 | -11.8 | -14.1 | -6.9 | ||
| Sales DI: wholesale (seasonally adjusted) | 1.7 | 3.2 | -14.1 | -7.7 | -5 | -3.2 | -1.4 | -15 | -10.8 | -6.2 | 1.3 | -5.3 | -11.5 | -3.3 | -17.2 | -3.6 | -3.2 | 5.2 | 7.8 | 4.9 | -0.3 | 0.6 | -1.8 | -6.9 | 4.4 | -4.8 | -3.8 | -8.5 | -5.9 | 2.4 | -16 | 3.9 | 5.5 | -3.8 | 10.4 | 5.8 | ||
| Sales DI: retail (seasonally adjusted) | -7.9 | -15.3 | -14.3 | -8.7 | -16.9 | -17.4 | -11.3 | -20 | -17.3 | -9.2 | -11 | -11.1 | -11.1 | -10.5 | -1.1 | -9.2 | -11.6 | -17.3 | -18.4 | -11.2 | -7.4 | -10 | -12.6 | -14.4 | -11.9 | -12.7 | -6.5 | -0.4 | -4.4 | 7.3 | 5.1 | -0.7 | -0.4 | -3.8 | 6.6 | 8.8 | ||
| Sales DI: restaurants (seasonally adjusted) | 31.3 | 5.7 | 15 | -12 | -8.5 | 3.9 | 14.8 | 12.7 | 2.5 | 4.4 | -13.1 | 7.8 | -7 | -0.5 | -5.8 | 0.9 | -0.6 | -5.4 | 10 | 2 | 28.3 | -2.9 | 22.6 | 7 | 13.2 | 11.8 | 7.8 | 15.1 | 27.4 | 27.3 | 30.4 | 48 | 32 | 35.9 | 41.1 | 52.9 | ||
| Sales DI: services (seasonally adjusted) | -0.7 | -15.6 | 1 | -1.7 | -9.9 | 6 | 9.2 | 10.2 | 1.9 | 6 | 10.4 | 6.7 | 4.1 | 1.5 | 5.4 | -10.7 | 6.2 | -4.9 | 5.5 | 6 | 5.5 | 3.6 | -7.9 | -5.2 | 3.8 | -2.3 | -2.6 | 4.4 | -3.4 | 16.1 | -4.5 | 1.5 | 6.7 | 3.4 | 12 | 16.7 | ||
| Sales DI: construction, orders received (seasonally adjusted) | -3.4 | -9.7 | -19.7 | -2.2 | -3.6 | 0.1 | 0.7 | -17.4 | -2.4 | -4.6 | -17.1 | -14.1 | -14.2 | -21.6 | -10.7 | -18.4 | -2.4 | -15 | -12.7 | -2.6 | -3.3 | -8.7 | -3.8 | -6.1 | -1.9 | 0.5 | -6.4 | -10.2 | -6.2 | -8.4 | -4.7 | -8 | -12.2 | -19.8 | -1.6 | -8.7 | ||
| Sales DI: transport (seasonally adjusted) | 16.9 | 5.8 | 7.2 | 0 | -3.5 | -7.4 | -3.2 | 0.2 | -5 | -10.4 | -23.4 | -4 | 4.3 | -4.1 | 0.9 | -9.5 | 9.4 | -3.8 | 6.9 | -0.8 | 5.5 | 15.6 | 11.7 | 8.5 | 2.3 | -23.7 | -6.1 | -4.5 | -7.7 | -1.5 | -4.9 | 2.9 | 3.9 | 3.3 | 7.2 | 2.2 | ||
| Sales DI: non-manufacturing (seasonally adjusted) | 3.9 | -8.5 | -4.9 | -5.6 | -11 | -4.7 | 1.9 | -3.6 | -5 | -0.5 | -5 | -2 | -5.4 | -5.7 | -2.8 | -8.6 | -2.7 | -11.5 | -3.1 | -0.9 | 4.7 | -2.6 | -2 | -4.7 | 0.5 | -2.7 | -2.8 | 1.9 | 1.1 | 8.9 | 4.3 | 9.2 | 7 | 4.4 | 14 | 18.1 | ||
| Sales outlook DI for the next month (seasonally adjusted) | 2.5 | -9.1 | -12.7 | -13.1 | -13.8 | -14.4 | -7.3 | -7.6 | -4.4 | -2.7 | -1.4 | -6.7 | -7.7 | -10.4 | -9.4 | -13.2 | -10.3 | -4.3 | -7.6 | -4.8 | -6.2 | -11.7 | -7.2 | -3.9 | -5.6 | -4.7 | -3.2 | 0.5 | -0.3 | -2.2 | 3.3 | -0.9 | 5.8 | 2.6 | 4.9 | 7.3 | 13.3 | |
| Profitability DI (seasonally adjusted) | 9.2 | -3.2 | 0.4 | 2.4 | 5.7 | 2.5 | 6 | 5.3 | 2.7 | 2.9 | -1 | 1.5 | 0.1 | -1.4 | 1.1 | -2.7 | 0.8 | 1.4 | 3.4 | -0.9 | 2.8 | -1.9 | -1.1 | 1 | 2.4 | 1.8 | 0.7 | 2.8 | 0 | 5.3 | 1.2 | 0.6 | 2.3 | -3.9 | 4.1 | 4.9 | ||
| Profitability outlook DI for the next month (seasonally adjusted) | 5.5 | 1.8 | -0.6 | -1.2 | -0.5 | 1.7 | 3.7 | 4.7 | 4.6 | 2 | 3.5 | 0.3 | 3 | -0.4 | 1.5 | -1.8 | 0.4 | 2.8 | 1.8 | 0.5 | 1.3 | -2.3 | -1.1 | 3 | 1.4 | 1 | 2.5 | 1.4 | 2.9 | 3.6 | 3.9 | -0.2 | 3.9 | -5.3 | 2.1 | 4.5 | 2.4 |
Latest reading
Sales DI (seasonally adjusted) stood at 2.3 in Jul 2026. That is +11 from Jun 2026 and +8.6 from a year earlier. The series on this page is monthly and runs from Feb 1993 to Jul 2026.
- Latest
- 2.3
- Jul 2026
- vs previous period
- +11
- Jun 2026
- vs a year earlier
- +8.6
About this data
Monthly survey of about 1,500 micro businesses that borrow from the JFC's micro business and individual unit, since February 1993: sales DI in total and for manufacturing, wholesale, retail, restaurants, services, construction and transport, with the sales outlook DI, the profitability DI and the profitability outlook DI. A diffusion index (DI) is the share of firms answering 'increase' or 'good' minus the share answering 'decrease' or 'bad'. Source: Japan Finance Corporation (JFC) Research Institute.
