JN Capital Spending q/y

Japanese corporate spending on plant and equipment rose 7.4 per cent year-on-year in the second quarter, Ministry of Finance data showed on Monday, keeping alive expectations of a domestic-led recovery in economic growth. The solid expenditure data, which will be used to calculate revised gross domestic product (GDP) figures due on Sep. 9, could support the case for the central bank to raise interest rates further in coming months. Preliminary data last month showed Japan's economy expanded an annualised 3.1 per cent in the second ...

Japanese companies raised spending on plant and equipment in January-March by 6.8 per cent from the same period a year earlier, Ministry of Finance data showed on Monday. The data will be used to calculate revised gross domestic product figures due on June 10. It followed a preliminary estimate that Japan's economy contracted 2.0 per cent annualised in the first quarter. Capital spending slowed sharply from the fourth quarter, when it had jumped 16.4 per cent. The solid first-quarter capex data could bolster the case for the central ...

Japan’s businesses increased investment modestly, showing hints of resilience even as the broader economic recovery loses momentum. Capital expenditures on goods excluding software rose 0.3% in the three months through September compared with the previous quarter, the finance ministry reported on Friday. Spending on equipment including software rose 3.4% from a year earlier, in line with the forecast by analysts. The data will be factored into any potential revisions made to the initial reading of gross domestic product for the ...

Japan’s businesses cut spending for the first time in five quarters in the face of global economic headwinds, an outcome that may prompt a downward revision to second-quarter economic growth data. Capital expenditures on goods excluding software fell 1.6% in the three months through June from the previous quarter, the finance ministry reported Friday. The reading was weaker than the corresponding figure released earlier by the Cabinet Office, which indicated such spending was unchanged versus the previous quarter. Spending on ...