Business Confidence in Japan increased to 17 in the first quarter of 2014 from 16 in the fourth quarter of 2013.
Business Confidence is a survey (Tankan Index) and reported by the Bank of Japan. It is a quarterly poll of business confidence. It shows the status of the Japanese economy and it is one of the key financial measures in Japan and has considerable influence on financial markets and the Japanese currency.
The Tankan survey, which covers the January-March quarter, surged to its highest level since December 2007. A reading above zero indicates business optimism.