TOKYO -- Despite uncertainties from COVID-19, top Japanese corporations plan to invest 15.8% more in information technology in fiscal 2020 to keep up the wave of digitization across industries.
A total of 765 enterprises aim to spend 471.8 billion yen ($4.45 billion) on tech, shows a Nikkei survey of publicly traded companies and those with 100 million yen or more in capital. This marks a second straight year of double-digit growth.