Business trendsJapan's electronic parts makers boost capital spending by 5%
Advanced automobiles and AI lift demand for capacitors and other parts
Under the hood of a Toyota Prius. As automobiles incorporate more electronic parts, component makers are boosting investment. © Getty Images
YUKA KONISHI, KOSUKE TSUNODA and EISAKU NITTA, Nikkei staff writers
TOKYO/KYOTO, Japan -- Japan's electronic components makers are boosting capital spending by 5.4% this fiscal year, as automobiles continue to incorporate more electrical parts for everything from hybrid drivetrains to advanced driver-assistance systems.