Japan first-quarter corporate capex up preliminary 4.3% year-on-year


Employees wearing protective face masks and face guards work on the automobile assembly line as the maker ramps up car production with new security and health measures as a step to resume full operations, during the outbreak of the coronavirus disease (COVID-19), at Kawasaki factory of Mitsubishi Fuso Truck and Bus Corp., owned by Germany-based Daimler AG, in Kawasaki, south of Tokyo, Japan May 18, 2020.

TOKYO: Japanese companies raised spending on factories and equipment in January-March by 4.3% from the same period a year earlier, preliminary data from the Ministry of Finance showed on Monday.

On a seasonally-adjusted basis, capital expenditure rose 6.7% quarter-on-quarter in January-March, the data showed.

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Japan , first quarter , corporate , capex , factories , equipment ,

   

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