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3RD LD: Japan firms' capital spending rises 7.3% in April-June qtr.

Publication: Japan Weekly Monitor
Publication Date: 05-SEP-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Sept. 5 Kyodo

(EDS: ADDING ECONOMIST'S COMMENTS IN 7TH-8TH GRAFS)

Capital spending by Japanese companies grew 7.3 percent from a year earlier in the April-June period on an all-industry basis for the ninth straight quarter of expansion, the Finance Ministry reported Monday.

Manufacturers spent 19.8 percent more on plant and equipment than they did a year earlier, up for the ninth consecutive quarter and showing the highest rate of increase since the ministry adopted the current calculation method in the July-September period of 2001, a quarterly poll...

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