--- title: "Japan's factory activity expands at strongest pace in 4 years, PMI shows" type: "News" locale: "en" url: "https://longbridge.com/en/news/283741379.md" description: "Japan's manufacturing activity expanded at its strongest pace in four years in April, with the S&P Global flash Manufacturing PMI rising to 54.9 from 51.6 in March. Concerns over potential supply shortages due to tensions in the Middle East drove this increase. However, service sector activity slowed, with the services PMI falling to 51.2. Price pressures intensified, with input costs rising sharply, and business confidence weakened, reaching its lowest level since August 2020. The composite PMI slipped to 52.4 as slower service growth offset manufacturing gains." datetime: "2026-04-23T00:40:27.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283741379.md) - [en](https://longbridge.com/en/news/283741379.md) - [zh-HK](https://longbridge.com/zh-HK/news/283741379.md) --- # Japan's factory activity expands at strongest pace in 4 years, PMI shows TOKYO, April 23 : Japan's manufacturing activity expanded at its strongest pace in four years in April as firms boosted production over concerns about potential supply shortages due to rising tensions in the Middle East, a private-sector survey showed on Thursday. • The S&P Global flash Japan Manufacturing Purchasing Managers' Index (PMI) rose to 54.9 in April, the highest since January 2022, from 51.6 in March. The 50-mark separates growth from contraction. • A key sub-index for factory output recorded the strongest increase since February 2014, driven by worries over future supply shortages linked to escalating tensions in the Middle East. • Annabel Fiddes, economics associate director at S&P Global Market Intelligence, said: "There were reports that some manufacturing firms boosted output due to concerns and uncertainty surrounding the war in the Middle East and the potential for further supply chain disruptions." • Service sector activity slowed, with the flash Japan services PMI falling to 51.2 in April, the slowest rise in 11 months, from 53.4 in March. • Price pressures intensified across Japan's private sector, with input costs rising at the sharpest rate since January 2023. Average output charges increased at the quickest pace since composite data were first available in late 2007. • Business confidence weakened for a second straight month and fell to its lowest since August 2020 during the COVID-19 pandemic. • The flash Japan composite PMI, which combines manufacturing and services activities, slipped to 52.4 from 53.0 in March, as a slower rise in services activity offset gains in the manufacturing sector. ### Related Stocks - [7914.JP](https://longbridge.com/en/quote/7914.JP.md) - [1357.JP](https://longbridge.com/en/quote/1357.JP.md) - [1571.JP](https://longbridge.com/en/quote/1571.JP.md) - [1570.JP](https://longbridge.com/en/quote/1570.JP.md) - [1458.JP](https://longbridge.com/en/quote/1458.JP.md) - [SPGI.US](https://longbridge.com/en/quote/SPGI.US.md) ## Related News & Research - [Kyodo Printing Unveils FY2026 Results and Strategy Focused on Corporate Value](https://longbridge.com/en/news/286520122.md) - [Weekly policy watch: Core sector, bank credit, forex data in focus](https://longbridge.com/en/news/286717962.md) - [Digiwin Seeks Hong Kong IPO To Expand Athena Platform](https://longbridge.com/en/news/286949815.md) - [New Zealand manufacturing expansion slows sharply in April, PMI data shows](https://longbridge.com/en/news/286477652.md) - [Eurozone April final services PMI 47.6 vs 47.4 prelim](https://longbridge.com/en/news/285333708.md)