An index measuring business sentiment in Japan was unchanged in the fourth quarter of 2015, the Bank of Japan said on Monday in its quarterly Tankan business survey.
The large manufacturers' index came in with a score of 12, beating forecasts for 11 and unchanged from the previous quarter.
The outlook came in with a score of 7, well shy of forecasts for 11 and down from 10 in the three months prior.
The survey is closely watched by the Bank of Japan for formulating policies.
Large industry capex for the current fiscal year is now seen higher by 10.8 percent, above forecasts for an increase of 10.2 percent and down slightly from the 10.9 percent expected in the third quarter.
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