TOKYO -- Japanese corporations are on track to spend a record 34.26 trillion yen ($234 billion) in capital expenditures this fiscal year, with Nippon Telegraph and Telephone emerging as the biggest spender, driven by artificial intelligence infrastructure.
Business trends
NTT's AI spending drives Japan Inc.'s record $234bn capex
Data center construction fuels fiscal 2025 spending in telecoms and energy
Spending on data centers and renewable energy is contributing to Japan's record-high capital expenditure. (Source photos by Nikkei)
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