Capital spending in Japan climbed 7.1 percent on quarter in the first three months of 2014, the Ministry of Finance said on Monday - topping forecasts for an increase of 5.8 percent following the 4.0 percent gain in Q4.
Excluding software, capital spending jumped 8.3 percent - also beating expectations for 5.9 percent following the 2.8 percent gain in the previous three months.
Company profits surged 20.2 percent, slowing from 26.6 percent in the three months prior.
Company sales added 5.6 percent on quarter, accelerating from 3.8 percent in the fourth quarter.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.