URGENT: Japan’s capital spending rises 3.4% in July-Sept.

Economy

Capital spending by Japanese companies in July to September increased 3.4 percent from a year earlier, the Finance Ministry said Friday.

Investment by all nonfinancial sectors for purposes such as building factories and adding equipment totaled 12.41 trillion yen ($84 billion). Pretax profits rose 20.1 percent to 23.80 trillion yen in the quarter.

Kyodo News

Kyodo News