The S&P Global Japan Manufacturing PMI was revised slightly lower to 54.8 in June 2026 from 54.9 in the preliminary estimate, but remained above May's reading of 54.5 and close to April's 55.1, which marked the strongest expansion since January 2022.
It was the sixth straight month of growth in factory activity, supported by faster increases in output and new orders.
Output growth was the second-fastest since January 2022 and the principal driver of production growth.
New orders grew at a faster pace, with sales rising at their fastest rate since January 2022, partly driven by client stock-building amid ongoing supply disruptions and concerns over future price increases related to the Middle East conflict, while foreign sales grew at a slightly slower pace.
Nevertheless, foreign demand continued to increase at a solid pace overall.