From a monthly poll of Japanese firm's by Nikkei Research for Reuters
Highlights;
- 33 percent of companies expect to boost domestic capital spending
- 57 percent aim to maintain the previous year's levels
- "This is a positive sign," said Hidenobu Tokuda, senior economist at Mizuho Research Institute, who reviewed the survey results. "Japanese manufacturers have taken a wait-and-see approach about capital expenditure due to slack overseas demand but they are easing this stance" he said
- 9% currently want to boost capital spending in the United States while 79% saw it flat
- 21 percent aim to boost capital expenditure overseas in countries other than in the U.S
--
- Japan fiscal year begins in April
- Reuters Corporate Survey conducted January 31 to February 14
-
