ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Japan Inc. tightens purse strings at home

Electronics parts orders have been solid at a Murata Manufacturing plant.

TOKYO -- Japanese companies remain reluctant to spend big on equipment at home despite stellar earnings, with mixed factors including their focus overseas and the advance of cloud computing contributing to the trend.

     Capital spending in Japan shrank an annualized 4.8% from the previous quarter in the April-June period and fell an annualized 5% in the three months ended in September, helping to push Japan's real gross domestic product into negative territory for two consecutive quarters.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more