Japanese Firms Boost Capex in Sign of Confidence Holding Up

Bloomberg12-02

(Bloomberg) — Japanese companies increased investments in the three months through September, pointing to stronger-than-expected resilience in corporate confidence and supporting views that the Bank ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2488350952?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/_5VLZIG3eG4YLOLXB8WSgw--~B/aD03NzA7dz0xMjk2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/bloomberg_markets_842/8096b50c678f1e7dea619b4d3a709958","is_english":true,"pubTime":"2024-12-02 08:57","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2488350952","market":"us","top_or_hot":-1,"title":"Japanese Firms Boost Capex in Sign of Confidence Holding Up","media":"Bloomberg","content":"<div>\n<p>(Bloomberg) — Japanese companies increased investments in the three months through September, pointing to stronger-than-expected resilience in corporate confidence and supporting views that the Bank ...</p>\n\n<a href=\"https://finance.yahoo.com/news/japanese-firms-boost-investment-sign-001221463.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Japanese Firms Boost Capex in Sign of Confidence Holding Up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJapanese Firms Boost Capex in Sign of Confidence Holding Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-02 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/japanese-firms-boost-investment-sign-001221463.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) — Japanese companies increased investments in the three months through September, pointing to stronger-than-expected resilience in corporate confidence and supporting views that the Bank ...</p>\n\n<a href=\"https://finance.yahoo.com/news/japanese-firms-boost-investment-sign-001221463.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4207","symbol_name":"综合性银行","start_time":0,"source_url":"https://finance.yahoo.com/news/japanese-firms-boost-investment-sign-001221463.html","article_id":"2488350952","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/_5VLZIG3eG4YLOLXB8WSgw--~B/aD03NzA7dz0xMjk2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/bloomberg_markets_842/8096b50c678f1e7dea619b4d3a709958"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488350952","pubTimestamp":1733101035,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":" — Japanese companies increased investments in the three months through September, pointing to stronger-than-expected resilience in corporate confidence and supporting views that the Bank of Japan  may raise rates sooner rather than later.Capital expenditure on goods excluding software gained 0.8% in the quarter from the previous period, led by manufacturers, the Finance Ministry reported Monday. The reading compared with a 0.2% drop in corporate spending reported last month in the initial reading of gross domestic product.Compared with a year ago, spending excluding software rose a more-than-forecast 9.5% while investment including software gained 8.1%.The results will be incorporated into revised GDP figures due for release on Dec. 9. Preliminary data showed that GDP grew at an annualized pace of 0.9% in the three months through September from the prior period, slowing from the previous quarter while slightly topping the consensus estimate. The data also follow Tokyo inflation accele","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4207":"综合性银行","N5YD.SI":"MTU ADR US$","MUFG":"三菱日联金融"},"translate_title":"日本企业增加资本支出，表明信心保持","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MUFG":0.9,"N5YD.SI":0.9},"content_text":"(Bloomberg) — Japanese companies increased investments in the three months through September, pointing to stronger-than-expected resilience in corporate confidence and supporting views that the Bank of Japan (8301.T) may raise rates sooner rather than later. \nCapital expenditure on goods excluding software gained 0.8% in the quarter from the previous period, led by manufacturers, the Finance Ministry reported Monday. The reading compared with a 0.2% drop in corporate spending reported last month in the initial reading of gross domestic product. \nCompared with a year ago, spending excluding software rose a more-than-forecast 9.5% while investment including software gained 8.1%. \nThe results will be incorporated into revised GDP figures due for release on Dec. 9. Preliminary data showed that GDP grew at an annualized pace of 0.9% in the three months through September from the prior period, slowing from the previous quarter while slightly topping the consensus estimate. The data also follow Tokyo inflation accelerating faster than expected last month.\n“Combined with recent price data, the BOJ is in a position to be able to raise interest rates again in December,” said Shinichiro Kobayashi, chief economist at Mitsubishi UFJ Research and Consulting (MUFG). “I don’t think they will wait until next year because the risks from the Trump administration’s tariffs and other policies will increase.”\n\n\n\n\nThe initial GDP reading showed that private consumption was a key driver of growth in the third quarter. Stronger signs for the domestic economy and persistent inflation are fueling speculation that the BOJ may raise its benchmark interest rate as soon as Dec. 19, when the policy board concludes its next meeting.  \nBOJ Governor Kazuo Ueda said in an interview with the Nikkei newspaper published Saturday that interest-rate hikes are “nearing” as inflation and economic trends develop in line with the central bank’s forecasts.\nThe BOJ’s outlook report in October said “business fixed investment has been on a moderate increasing trend” as corporate profits have improved and business sentiment has stayed at a favorable level. \nMonday’s report also showed investment excluding software for manufacturers gained 3.7% compared to the previous quarter, while it decreased 0.7% for services. Overall business investment in the third quarter was stronger than expected, with the strength in manufacturing suggesting some bright spots for Japan’s economy.\nThe spending came despite corporate profit falling the most since the first quarter of 2022 on a quarter-on-quarter basis. Profits fell with automakers facing stiffer competition abroad as they increased research and development spending, while the energy industry suffered from a fall in oil prices, the Finance Ministry said. \n“It was a surprise that profits among manufacturers took a plunge but overall, capital investment remains strong,” Mitsubishi UFJ’s Kobayashi said.\n—With assistance from Takashi Umekawa and Paul Jackson.\n(Updates with more details, economist comments.)\n©2024 Bloomberg L.P.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2488350952"}