TOKYO -- Leading Japanese corporations are planning to increase capital investment by 15.6% in fiscal 2024 to 33.37 trillion yen ($217 billion), topping records for the second year in a row, a Nikkei survey found.
Auto industry set to be top spender in fiscal 2024 as EV, software race heats up

Workers assemble a Lexus vehicle at Toyota's plant in Fukuoka prefecture. The automaker is planning the largest capital investment of any major Japanese company this fiscal year. (Photo by Toshiki Sasazu)
TOKYO -- Leading Japanese corporations are planning to increase capital investment by 15.6% in fiscal 2024 to 33.37 trillion yen ($217 billion), topping records for the second year in a row, a Nikkei survey found.