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Japan Tankan Loan Interest Rate DI

Bank of Japan Tankan survey diffusion index of rise minus fall in interest rates on loans, by enterprise size and industry, actual results and forecasts for the next quarter. 328 series.

Source: Bank of Japan – Time-Series Data SearchLast updated: Sep 22, 2026, 13:52Curated by Bui Thanh PhucAbout this data ↓

IndicatorQ3-2026Q2-2026Q1-2026Q4-2025Q3-2025Q2-2025Q1-2025Q4-2024Q3-2024Q2-2024Q1-2024Q4-2023Q3-2023
All Enterprises82
All industries / Actual result616345485462504832171714
All industries / Forecast67645555556453544331282419
Manufacturing / Actual result626546485563525034201915
Manufacturing / Forecast68655555556454554433322620
Textiles / Actual result626443515763554828172012
Textiles / Forecast70685257576756624230342823
Lumber & Wood products / Actual result58624343555652462211103
Lumber & Wood products / Forecast63635254566555523528221214
Pulp & Paper / Actual result656343405662545743242421
Pulp & Paper / Forecast71705648526351554531362720
Chemicals / Actual result636149485361464741232116
Chemicals / Forecast64625657596354534838332620
Petroleum & Coal products / Actual result586050585767475645192618
Petroleum & Coal products / Forecast67565958586445564529312622
Ceramics, Stone & Clay / Actual result646745455473585130202116
Ceramics, Stone & Clay / Forecast74645154566851564135312720
Iron & Steel / Actual result697344486272646446242215
Iron & Steel / Forecast74706059647264675539372919
Nonferrous metals / Actual result676749505669575335252517
Nonferrous metals / Forecast69706055556960604733362621
Food & Beverages / Actual result616647545563555136192014
Food & Beverages / Forecast69685758566255574135312621
Processed metals / Actual result706848475366555434201514
Processed metals / Forecast75685853566756564430302517
General-purpose, Production & Business oriented machinery / Actual result636447475562485033211917
General-purpose, Production & Business oriented machinery / Forecast66625252556350554533292318
General-purpose machinery / Actual result646849445665465537231818
General-purpose machinery / Forecast72655651636956655139322619
Production machinery / Actual result626447485661505029222218
Production machinery / Forecast65615255576250544234312217
Business oriented machinery / Actual result605946475360474535171411
Business oriented machinery / Forecast62604946465747464426222017
Electrical machinery / Actual result565945454956434628171715
Electrical machinery / Forecast62585149495847493929302420
Transportation machinery / Actual result596447495558494833192319
Transportation machinery / Forecast66665554536051534532373226
Shipbuilding, Heavy machinery & Other transportation machinery / Actual result597152555862474528131514
Shipbuilding, Heavy machinery & Other transportation machinery / Forecast68706160586452524330363127
Motor vehicles / Actual result595943445155504936232921
Motor vehicles / Forecast64625050495651524634383325
Other manufacturing / Actual result616751516063505033171813
Other manufacturing / Forecast68625756576652574533302822
Basic materials / Actual result646445475666545337212115
Basic materials / Forecast70665656586756584634332620
Processing / Actual result616447495562504933191815
Processing / Forecast67645554546352544332322520
Nonmanufacturing / Actual result596245495361494630161512
Nonmanufacturing / Forecast67645556566452544130252218
Construction / Actual result546140425158474221976
Construction / Forecast64635050536247513322171411
Real estate, Goods rental & Leasing / Actual result677056596068595541272422
Real estate, Goods rental & Leasing / Forecast75726364637160615346373226
Real estate / Actual result616349535357484629161613
Real estate / Forecast73665759566251564338292521
Goods rental & Leasing / Actual result777964677281746859433435
Goods rental & Leasing / Forecast79807272728372696757494132
Wholesaling & Retailing / Actual result616343495465514831141210
Wholesaling & Retailing / Forecast67645455566754564431252118
Wholesaling / Actual result62634349546550483113119
Wholesaling / Forecast68635456556653554330242118
Retailing / Actual result586345465464534833151312
Retailing / Forecast66665455576856594731272216
Transport & Postal activities / Actual result656752545863544935192117
Transport & Postal activities / Forecast70655861606655584835343025
Information communication / Actual result56524044464935322415139
Information communication / Forecast59564949475442393227231915
Communications / Actual result68623431393941322310110
Communications / Forecast63624838394838352631201314
Information services / Actual result48483945434431312216119
Information services / Forecast52504546435139383224231814
Other Information communication / Actual result595242455055373226171510
Other Information communication / Forecast64605354525745423330232217
Electric & Gas utilities / Actual result636252545056484434222718
Electric & Gas utilities / Forecast64615454526050534129282621
Services for businesses / Actual result55523842465342382611108
Services for businesses / Forecast62574949515747473423181814
Services for individuals / Actual result606149545661554627151514
Services for individuals / Forecast66645859596659584328262221
Accomodations, Eating & Drinking services / Actual result596242455054403933151515
Accomodations, Eating & Drinking services / Forecast68645355565946494131272319
Mining & Quarrying of stone and gravel / Actual result48542529414754351513103
Mining & Quarrying of stone and gravel / Forecast565240424361465033181288
Large Enterprises82
All industries / Actual result595844434758464638222219
All industries / Forecast63605251505949494434292620
Manufacturing / Actual result565644424857424637232320
Manufacturing / Forecast61575050495746484233302521
Textiles / Actual result635835405050204132222725
Textiles / Forecast68635055455535412718271819
Lumber & Wood products / Actual result626250505850584225171515
Lumber & Wood products / Forecast77697567676758676750464631
Pulp & Paper / Actual result746558465252526063403039
Pulp & Paper / Forecast65746754525652485048423521
Chemicals / Actual result545242424358384543212216
Chemicals / Forecast55504753495547444234282119
Petroleum & Coal products / Actual result4456224456560445611815
Petroleum & Coal products / Forecast67443344564402222118150
Ceramics, Stone & Clay / Actual result535551464962555334343225
Ceramics, Stone & Clay / Forecast56554643485142534439323325
Iron & Steel / Actual result527134434073635053282418
Iron & Steel / Forecast66574447506760534338302621
Nonferrous metals / Actual result565550444870526047373023
Nonferrous metals / Forecast63585452417365606353372626
Food & Beverages / Actual result49464139445342453715228
Food & Beverages / Forecast51494542445040453430261918
Processed metals / Actual result666553504353535330211710
Processed metals / Forecast66715053535753574728282311
General-purpose, Production & Business oriented machinery / Actual result606447435662445035272424
General-purpose, Production & Business oriented machinery / Forecast65615150585948504335292620
General-purpose machinery / Actual result787753536871516241292026
General-purpose machinery / Forecast78745656747154594332342320
Production machinery / Actual result546148425056454833282826
Production machinery / Forecast61585253565345504539342623
Business oriented machinery / Actual result535537355663333831232017
Business oriented machinery / Forecast57554435445648383827102717
Electrical machinery / Actual result464334364247354131221915
Electrical machinery / Forecast59544645435643473832302018
Transportation machinery / Actual result544945454856434139233028
Transportation machinery / Forecast62554949415244414136373629
Shipbuilding, Heavy machinery & Other transportation machinery / Actual result444756445367392828111322
Shipbuilding, Heavy machinery & Other transportation machinery / Forecast69535656536150392833303026
Motor vehicles / Actual result575042454652444542263430
Motor vehicles / Forecast60554747374942424536393730
Other manufacturing / Actual result666749445257394233161414
Other manufacturing / Forecast70655956486141454424272323
Basic materials / Actual result565744444660454944272421
Basic materials / Forecast61565052495849494537312621
Processing / Actual result565544424855414534212319
Processing / Forecast62585048495645484031302421
Nonmanufacturing / Actual result636043454860494740222119
Nonmanufacturing / Forecast66635351526152514534272619
Construction / Actual result726745415369575841211612
Construction / Forecast78766358616857574532312821
Real estate, Goods rental & Leasing / Actual result696558554960524843283631
Real estate, Goods rental & Leasing / Forecast75736161546456545148403937
Real estate / Actual result635951464355434339203021
Real estate / Forecast70655356496052504443302929
Goods rental & Leasing / Actual result807672735970705850424650
Goods rental & Leasing / Forecast84887669637063626558575752
Wholesaling & Retailing / Actual result595935414862444834131413
Wholesaling & Retailing / Forecast65614846495950504128202115
Wholesaling / Actual result61593242446848553712612
Wholesaling / Forecast67604746506051494328151914
Retailing / Actual result566039405355404030172314
Retailing / Forecast61655046485648523828262316
Transport & Postal activities / Actual result666256535466555553323526
Transport & Postal activities / Forecast68616161606959586047423325
Information communication / Actual result4037273435382725271687
Information communication / Forecast3634343435453232272312147
Communications / Actual result6767233331463842339140
Communications / Forecast50503825234638332517141429
Information services / Actual result3437333941372221201003
Information services / Forecast3433373538442628231712104
Other Information communication / Actual result291819252733251933321615
Other Information communication / Forecast2924253840473838333711205
Electric & Gas utilities / Actual result817958604958575256374535
Electric & Gas utilities / Forecast74695656476055504232262619
Services for businesses / Actual result554538385059453431161010
Services for businesses / Forecast6955413846594834381910173
Services for individuals / Actual result705748424263606048282123
Services for individuals / Forecast80716062506768766448322630
Accomodations, Eating & Drinking services / Actual result57572944484644192081319
Accomodations, Eating & Drinking services / Forecast62574648525040342819262224
Mining & Quarrying of stone and gravel / Actual result22250002525200000
Mining & Quarrying of stone and gravel / Forecast332533332525252000000
Medium-sized Enterprises82
All industries / Actual result626446505563514935191814
All industries / Forecast66645656576554554431282319
Manufacturing / Actual result636547495764525235201914
Manufacturing / Forecast67655656566554564432312420
Textiles / Actual result666444496473645630111910
Textiles / Forecast80665858627060644426262419
Lumber & Wood products / Actual result62685231616165523614150
Lumber & Wood products / Forecast6268655748746152313310527
Pulp & Paper / Actual result565020335562405037211714
Pulp & Paper / Forecast59685047416247433314312121
Chemicals / Actual result686849516666515242292221
Chemicals / Forecast67706358606656564842352619
Petroleum & Coal products / Actual result696960574771677347384713
Petroleum & Coal products / Forecast63636757606460674744472743
Ceramics, Stone & Clay / Actual result727443405175576244212820
Ceramics, Stone & Clay / Forecast80775155607358685038353730
Iron & Steel / Actual result74725056617162684224229
Iron & Steel / Forecast76727163638270685639372618
Nonferrous metals / Actual result636148454759503318151215
Nonferrous metals / Forecast63615552476950482418242415
Food & Beverages / Actual result646951615963585039242519
Food & Beverages / Forecast72736162606459564640353021
Processed metals / Actual result655445455261464628171416
Processed metals / Forecast65544947546150443833281819
General-purpose, Production & Business oriented machinery / Actual result596242455259454631201915
General-purpose, Production & Business oriented machinery / Forecast63614850496047534430301819
General-purpose machinery / Actual result606240435764435135281818
General-purpose machinery / Forecast65604448596150584634332624
Production machinery / Actual result606744465659504527162216
Production machinery / Forecast64645256486752574231331620
Business oriented machinery / Actual result575242464153394032171610
Business oriented machinery / Forecast60584946394736434720231613
Electrical machinery / Actual result566247495263515229121510
Electrical machinery / Forecast57555455535648493727302216
Transportation machinery / Actual result56684653555448493316108
Transportation machinery / Forecast65675053545654524526272219
Shipbuilding, Heavy machinery & Other transportation machinery / Actual result6485636972705559472044
Shipbuilding, Heavy machinery & Other transportation machinery / Forecast76826769667055626030342833
Motor vehicles / Actual result505535444543434424131311
Motor vehicles / Forecast57553944474753463623231912
Other manufacturing / Actual result616557556571495738222216
Other manufacturing / Forecast67645760586950614736322920
Basic materials / Actual result676745465868565637212114
Basic materials / Forecast70696056577158604333312522
Processing / Actual result606448515661495033181714
Processing / Forecast65635355546051544332312319
Nonmanufacturing / Actual result606346505562494635181714
Nonmanufacturing / Forecast65635657576553544431272218
Construction / Actual result616947506071554529964
Construction / Forecast71725656628057614325191310
Real estate, Goods rental & Leasing / Actual result717463677074656350363026
Real estate, Goods rental & Leasing / Forecast78757372747869686355463530
Real estate / Actual result656957615864575435232113
Real estate / Forecast77716767677061655244332422
Goods rental & Leasing / Actual result818170758486767368514142
Goods rental & Leasing / Forecast79838180828677727768604941
Wholesaling & Retailing / Actual result555941465463504835161613
Wholesaling & Retailing / Forecast61595355556353544330252116
Wholesaling / Actual result586140485564525234152012
Wholesaling / Forecast63605258576355584431252216
Retailing / Actual result495342425261464137161214
Retailing / Forecast59575250526349484027262217
Transport & Postal activities / Actual result676851546063524635191820
Transport & Postal activities / Forecast67675962646554574732292521
Information communication / Actual result64574046475635342817149
Information communication / Forecast64574953455441393328201716
Communications / Actual result6258405060505040401700
Communications / Forecast62678075605050604033887
Information services / Actual result614838423448312925151612
Information services / Forecast61534347344841373326241411
Other Information communication / Actual result676341495563373729191710
Other Information communication / Forecast67585156525840403329212021
Electric & Gas utilities / Actual result45514044374442392514217
Electric & Gas utilities / Forecast53554846415047474224292119
Services for businesses / Actual result52513938444836322613138
Services for businesses / Forecast57545043475642413126222416
Services for individuals / Actual result605942495255554228131313
Services for individuals / Forecast62585549536059514123201615
Accomodations, Eating & Drinking services / Actual result616739394757364541131113
Accomodations, Eating & Drinking services / Forecast65594347505741453925282120
Mining & Quarrying of stone and gravel / Actual result455545504444505030309-10
Mining & Quarrying of stone and gravel / Forecast45454550565660504030180-10
Small Enterprises82
All industries / Actual result616446495563514728151412
All industries / Forecast68645556576553564230282318
Manufacturing / Actual result656948505865555233181814
Manufacturing / Forecast72675756596756604633342720
Textiles / Actual result616545535662594627191811
Textiles / Forecast67695158576758654335403327
Lumber & Wood products / Actual result565937465156454516861
Lumber & Wood products / Forecast615942505761524829212167
Pulp & Paper / Actual result666949425867645938182716
Pulp & Paper / Forecast79695546586754655032372718
Chemicals / Actual result686555535661524736212113
Chemicals / Forecast73676161697060595141363022
Petroleum & Coal products / Actual result575753626269525241122421
Petroleum & Coal products / Forecast69576362596952615027332923
Ceramics, Stone & Clay / Actual result6469454660766242191298
Ceramics, Stone & Clay / Forecast77605458587552513530291811
Iron & Steel / Actual result717344466872646547222219
Iron & Steel / Forecast77735960687062705739383220
Nonferrous metals / Actual result737349556273635939252916
Nonferrous metals / Forecast74786558646963665133412822
Food & Beverages / Actual result657149575867605435171513
Food & Beverages / Forecast75726064596759624232322622
Processed metals / Actual result737449485771595739211414
Processed metals / Forecast82736456577360624729322817
General-purpose, Production & Business oriented machinery / Actual result656549495663515333181513
General-purpose, Production & Business oriented machinery / Forecast69635553576653584735292315
General-purpose machinery / Actual result606752414963455537141514
General-purpose machinery / Forecast73646652607362726048312916
Production machinery / Actual result676347515865535329211815
Production machinery / Forecast67625355606552564233292212
Business oriented machinery / Actual result64645153586356513715108
Business oriented machinery / Forecast65635150506352504628261920
Electrical machinery / Actual result637051495461464725151618
Electrical machinery / Forecast68635148526250514128312923
Transportation machinery / Actual result637150505762545029182718
Transportation machinery / Forecast68726358596755594735443628
Shipbuilding, Heavy machinery & Other transportation machinery / Actual result607048525458464421122016
Shipbuilding, Heavy machinery & Other transportation machinery / Forecast65696157566352524130383227
Motor vehicles / Actual result687152456269655842293520
Motor vehicles / Forecast74766559647361695640503929
Other manufacturing / Actual result576848526262565130151712
Other manufacturing / Forecast68605553626759614335292822
Basic materials / Actual result666747506067585234191913
Basic materials / Forecast73685657636858614734352720
Processing / Actual result656949515764545232181714
Processing / Forecast71665756586755584533332720
Nonmanufacturing / Actual result58624448536049442513119
Nonmanufacturing / Forecast67645456556451554029242117
Construction / Actual result505838414954433916755
Construction / Forecast6058474750584448291914119
Real estate, Goods rental & Leasing / Actual result646851555965585335221718
Real estate, Goods rental & Leasing / Forecast74695961596955594738322820
Real estate / Actual result596044505355454221101110
Real estate / Forecast70635356545945513531262419
Goods rental & Leasing / Actual result737959616780746653372726
Goods rental & Leasing / Forecast78776566678370686248403222
Wholesaling & Retailing / Actual result6265485156665348291398
Wholesaling & Retailing / Forecast70675758587056594632272219
Wholesaling / Actual result6364485256654945291287
Wholesaling / Forecast70645757566852564331252220
Retailing / Actual result626747515567585331141210
Retailing / Forecast70705559617361665234282117
Transport & Postal activities / Actual result646850525763555028141813
Transport & Postal activities / Forecast72665561576654594431343126
Information communication / Actual result55544646494638331914138
Information communication / Forecast65665753535847433228292418
Communications / Actual result776245233829382177190
Communications / Forecast77694538465031292143321913
Information services / Actual result465443505145354021181311
Information services / Forecast56585252535745453525262623
Other Information communication / Actual result58525047505340302110138
Other Information communication / Forecast72746459566052453228312315
Electric & Gas utilities / Actual result676259596569474326181417
Electric & Gas utilities / Forecast69625961697151634233293428
Services for businesses / Actual result5654384444544341251097
Services for businesses / Forecast63585053525747513522171615
Services for individuals / Actual result586252596064544624131412
Services for individuals / Forecast65646063646857594027272422
Accomodations, Eating & Drinking services / Actual result586146495355424032181814
Accomodations, Eating & Drinking services / Forecast69666160626252554537252416
Mining & Quarrying of stone and gravel / Actual result5660192446526032128128
Mining & Quarrying of stone and gravel / Forecast65603840426844563616121215

Latest reading

All industries / Actual result stood at 61 % points in Q2 2026. That is −2.0 pp from Q1 2026 and +7.0 pp from a year earlier. The series on this page is quarterly and runs from Q2 1974 to Q2 2026. Source: Bank of Japan – Time-Series Data Search.

Latest
61 % points
Q2 2026
vs previous period
−2.0 pp
Q1 2026
vs a year earlier
+7.0 pp

About this data

Bank of Japan Tankan survey diffusion index of rise minus fall in interest rates on loans, by enterprise size and industry, actual results and forecasts for the next quarter. 328 series. Source: Bank of Japan, Time-Series Data Search.

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