Japan's Q1 capital spending rose 6.8% YoY, down from 16.4% Q4 2023, indicating potential economic challenges.

Japan's capital spending rose 6.8% year-on-year in Q1, down from 16.4% in Q4 2023, indicating potential economic challenges. The decline coincides with global economic uncertainties and domestic market conditions. Despite strong corporate earnings, the decrease in capital investment suggests a tightening of corporate investment. The data will be used to calculate revised GDP figures due on June 10.