• Kyodo


Capital spending by Japanese firms rose for the second straight quarter in the July-September period, as the weaker yen helped bolster corporate profits, prodding companies to beef up investment, the government said Monday.

Business investment by all nonfinancial sectors for purposes such as building plants and introducing new equipment gained 1.5 percent from a year earlier to ¥8.94 trillion in the three months through September, following a 0.02 percent climb in the previous quarter, the Finance Ministry said.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.