Japan's Ministry of Finance announced that Japan's capital expenditure in 1Q26 was flat YoY, far below market expectations for a 4% increase. Excluding software, capital expenditure fell 3.5% QoQ.Corporate sales in Japan rose 1.1% YoY in 1Q26, while recurring profit increased 14.6%. Among them, manufacturing companies' sales rose 4.5% YoY in 1Q26, and recurring profit surged 42.9%. Non-manufacturing companies' sales fell 0.3% YoY in 1Q26, while recurring profit edged up 1.4%. (da/a)Related NewsDurable Goods Orders MoM for Apr in the United States is 7.9%, higher than the previous value of 1.3%. The forecast was 3.5%.
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