Monday, December 1, 2014

Corporate Japan Spending More in Q3

Japanese nonfinancial companies’ combined capital expenditures in July-September rose 5.5 percent from a year before to 9.44 trillion, up for the sixth straight quarter, the Finance Ministry said Monday.

The nonfinancial companies’ recurring profits in the second quarter of fiscal 2014 grew 7.6 percent to 13.97 trillion, the ministry said.

Their sales rose 2.9 percent to 328.06 trillion.

Capital spending in all industries, including the financial sector, rose 5.4 percent to 9.97 trillion. All-industry recurring profits were up 11 percent at 17.72 trillion.

via Japan News

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