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Japan Supermarket Business Sentiment DI

Diffusion indices from supermarket store managers: current and outlook business conditions, consumers' willingness to buy, local competition and local economy (sentiment DIs, 50 = neutral), and sales, profit, purchase costs, selling prices, spending per customer and customer numbers versus a year earlier (management trend DIs, 0 = neutral), monthly from April 2011.

Source: 日本スーパーマーケット協会・オール日本スーパーマーケット協会・全国スーパーマーケット協会「スーパーマーケット統計調査」Last updated: Sep 24, 2026, 15:18Curated by Bui Thanh PhucAbout this data ↓

Indicator07-202606-202605-202604-202603-202602-202601-202612-202511-202510-202509-202508-202507-202506-202505-202504-202503-202502-202501-202512-202411-202410-202409-202408-202407-202406-202405-202404-202403-202402-202401-202412-202311-202310-202309-202308-202307-2023
Business sentiment DI8
Business conditions at core stores: current42.8943.2347.3543.2143.5945.5547.5847.847.3146.7245.646.3950.1547.9948.7948.849.8548.5251.0151.3349.2646.4347.1451.0245.248.5844.2545.4353.5351.2748.8851.451.2450.2950.751.8652.35
Business conditions at core stores: outlook42.0741.7742.5539.5738.6542.244543.9943.6744.9743.7942.6245.8143.9844.8545.1844.2444.0146.146.1545.5943.2242.8646.7642.6645.1741.5243.4549.0148.3147.1847.4647.7947.0845.945.4547.79
Consumers' willingness to buy: current41.1941.9444.5443.3842.643.494545.646.244.1444.0343.9845.6643.5646.0645.4846.9545.1247.8248.9647.0645.2447.8649.7144.0747.1643.6444.2150.8549.349.1650.1448.6248.5448.5949.8748.34
Consumers' willingness to buy: outlook40.7841.7242.5541.2338.3242.6444.5243.443.9944.143.9942.9243.8342.9443.7942.9242.8843.644.4845.5144.5343.374546.9342.6645.643.2144.0547.647.8846.7546.4945.7247.0846.2946.1246.81
Competition in the surrounding area: current43.542.2642.2241.3942.1144.1844.8443.8745.5744.1445.2844.4345.5144.7244.8543.9445.0945.0945.6644.8244.4144.314646.3744.5745.4544.6844.645.945.9345.3746.9145.5847.0647.646.1446.41
Competition in the surrounding area: outlook41.6741.441.0640.7339.6442.6443.0643.0443.4743.0643.6742.0243.2642.5543.3342.0742.7941.9643.7943.7543.6842.1242.8643.2742.943.1842.6343.4545.3444.1843.7944.6643.7845.4744.7444.7943.78
Economic conditions in the surrounding area: current45.9344.1944.743.5444.5746.5847.0846.747.1546.3846.3646.8448.0446.1747.2747.1246.6346.4147.8248.9648.6747.5947.5148.2546.1947.4146.5547.0750.7149.1549.585049.5949.265050.2750.14
Economic conditions in the surrounding area: outlook45.1243.8742.3842.3842.2744.8645.7844.9746.245.6645.8945.4846.2144.6345.1544.744.5145.2445.9346.646.7546.4145.5946.4744.7746.4146.147.2449.0147.8848.7248.5948.3447.6348.1548.3849.17
Business trend DI (vs a year earlier)7
Sales-2.85-5.818.83-5.13-2.67-0.175.811.2710.585.383.011.3713.117.7611.9613.8713.659.1311.8412.511.9-2.863.312.43-7.248.14-0.141.2314.9113.144.558.198.7111.989.7513.7811.66
Profit-7.23-9.442.03-6.21-7.55-3.852.33-1.925.961.41-2.72-4.914.6-0.316.767.33.480.31-0.91.380.91-9.41-0.446.29-8.245.44-1.61-1.8814.2413.366.619.459.9410.067.6110.037.67
Purchase cost of fresh food19.0715.619.7914.4813.5415.0415.8817.6717.8817.1418.2617.4120.4717.7417.2717.5221.6320.626.5223.4323.6217.9719.6421.5416.1818.1520.2720.1321.0118.3115.9418.916.7220.323.2520.8120.95
Purchase cost of food19.2818.1220.816.6117.5318.1721.1121.8320.6721.0123.1819.925.3121.732525.4823.222.1522.3821.3823.2719.9719.0920.4316.9219.3919.1321.0421.5621.6218.2421.7820.4923.7925.1524.323.98
Selling prices17.2816.5617.8317.4516.7219.4120.9420.8321.4322.222.2920.6524.3922.9724.3723.9224.0723.9423.6722.4221.5216.3118.5320.0317.1418.8219.821.321.8420.2619.9723.8823.8825.7426.5725.9625.56
Spending per customer8.949.0313.087.281.836.4713.810.5817.2615.2112.5810.1215.5513.2918.5617.6417.5915.2413.4714.0111.686.028.5813.64.411.115.928.4918.7112.2210.9412.9315.3415.4214.6920.1117.66
Customer numbers-15.04-13.23-4-11.26-6.33-7.57-10.39-9.46-7.84-7.87-9.62-8.44-0.76-5.06-4.17-2.740.31-6.93-2.79-1.06-0.6-8.79-2.872.49-9.710.58-3.82-5.4-3.143.41-3.13-2.54-6.25-3.72-3.41-3.78-4.69

Latest reading

Business conditions at core stores: current stood at 42.89 DI in Jul 2026. That is −0.8% from Jun 2026 and −14.5% from a year earlier. The series on this page is monthly and runs from Apr 2011 to Jul 2026.

Latest
42.89 DI
Jul 2026
vs previous period
−0.8%
Jun 2026
vs a year earlier
−14.5%

About this data

Diffusion indices from supermarket store managers: current and outlook business conditions, consumers' willingness to buy, local competition and local economy (sentiment DIs, 50 = neutral), and sales, profit, purchase costs, selling prices, spending per customer and customer numbers versus a year earlier (management trend DIs, 0 = neutral), monthly from April 2011. Joint monthly survey of the three Japanese supermarket associations (Japan Supermarkets Association, All Japan Supermarket Association, National Supermarket Association of Japan), covering about 270 member food supermarket companies.

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