Japan Inc. set for record investment in fiscal 2023, survey finds

Japanese capital spending to rise over 30% in U.S., but drop 7.5% in China

Capital investment by Japanese companies is likely to hit a record 31.6 trillion yen ($223 billion) in the 2023 fiscal year, a Nikkei survey has found. © Reuters

Nikkei staff writers

June 22, 2023 18:27 JST

Updated on June 22, 2023 19:26 JST

TOKYO -- Capital investment by Japanese companies is set to hit a record 31.6 trillion yen ($223 billion) in the 2023 fiscal year, according to a Nikkei survey, up 16.9% from the previous year on an all-industry basis.