Covers all firm sizes and all industries. Latest data as at the Note: 1. Latest data as at July 2017. 4-quarter backward moving averages. 2. Based on the proportion of responding financial institutions July-September quarter of 2017. selecting each given choice, the DI is calculated as follows: 2. The trend is calculated from the historical average.
Shaded DI = "narrowing considerably" + 0.5 × "narrowing somewhat" areas indicate the root mean square of the deviation from － 0.5 × "widening somewhat" － "widening considerably." the trend. Source: BOJ, "Senior loan officer opinion survey on bank lending practices Source: BOJ, "Tankan." at large Japanese banks."