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Japanese Firms Hit Record Capital Spending in Q1

6/3/2025

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Summary

Story summary

Japanese nonfinancial firms achieved record capital spending in Q1 2023.
Year-on-year investment in plant and equipment rose by 6.4%, totaling 18,797.5 billion yen.
Transportation and postal service sectors drove the investment increase.
Ordinary profits for these firms grew by 3.8%, reflecting two consecutive quarters of growth.

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Story summary

Japanese nonfinancial firms achieved record capital spending in Q1 2023.
Year-on-year investment in plant and equipment rose by 6.4%, totaling 18,797.5 billion yen.
Transportation and postal service sectors drove the investment increase.
Ordinary profits for these firms grew by 3.8%, reflecting two consecutive quarters of growth.