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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
JapanJapan Average Cash Earnings YoY climbed to 3.5% in April 2026
FMPMonthlyReleased June 2026
Japan Average Cash Earnings YoY climbed to 3.5% in April 2026, released June 2026, up 0.4% from March's 3.1% reading. The print exceeded the 3.2% consensus by 0.3%. The print is running well above the 12-month average of 2.41%. Over the past 3 months, Average Cash Earnings YoY averaged 3.0%, vs 1.83% in the prior 3-month window. Average Cash Earnings YoY is now the highest in 8 months.
Latest Release
3.5
Actual
3.2
Consensus
3.1
Previous
Median Absolute Error
±0.59 percentage points
across last 12 releases
Last Call
Jun 2026
Predicted: 3.45
Actual: 3.5
Error: -0.05
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| Hang Seng | ▲ Direct | +0.74 | INDEX | Bullish Hang Seng | → View |
| BTC/USD | ▲ Direct | +0.63 | CRYPTO | Bullish BTC | → View |
| Nikkei 225 | ▲ Direct | +0.58 | INDEX | Bullish Nikkei 225 | → View |
| AUD/JPY | ▼ Inverse | −0.49 | FOREX | Bearish AUD | → View |
| S&P 500 | ▲ Direct | +0.45 | INDEX | Bullish S&P 500 | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Average Cash Earnings YoY (Japan) was reported at 3.5% in June 2026. This beat the market consensus of 3.2% by 0.3%. The reading rose from the previous value of 3.1%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 2.44%, ranging from 0.5% to 4.1% across 9 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 2.97%, up from the prior three at 1.67%. Volatility over the past year (σ 1.01%) is higher than the prior year (σ 0.85%). In June readings over the past 3 years, Average Cash Earnings YoY has averaged 2.63%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with Hang Seng (Bullish Hang Seng). A secondary relationship exists with BTC/USD, positively correlated (Bullish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 0.59%.
WHAT TO WATCH NEXT
The next release is scheduled for July 6, 2026. Same-country events in the next 14 days include Monetary Policy Statement (Jun 16) and BoJ Interest Rate Decision (Jun 16).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Average Cash Earnings YoY - JP
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About Average Cash Earnings YoY — Japan
DEFINITION
Average Cash Earnings YoY is a financial indicator that measures the year-over-year change in the average amount of cash earned by a company. It provides valuable insight into the financial performance and stability of a company, as well as its ability to generate consistent cash flow. This indicator is commonly used by investors and analysts to assess the overall health and profitability of a company. A positive YoY growth in average cash earnings indicates a strong and sustainable financial position, while a negative growth may signal potential financial challenges.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 3.5 %, consensus 3.2 %. Prior reading (Mar 2026): 2.7 %. Before that (Feb 2026): 3.3 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with Hang Seng (Bullish Hang Seng, r=0.74) — a useful reference for index-focused traders.