Published 4 years ago

Japan firms plan to cut capex by 6.8% this fiscal year

Summary by Today

Japanese companies plan to slash capital expenditure by 6.8% in the current fiscal year ending in March 2021, a quarterly survey by the Ministry of Finance showed on Friday.

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News18 India

Pandemic Prods Japanese Firms To Plan Biggest Capex Cuts In Decade

Japanese companies plan to make the deepest cut in capital expenditure in more than a decade this year as the coronavirus pandemic hits profits, a government survey showed, underscoring the broadening economic impact of the health crisis.

4 years ago·India

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Reuters

Pandemic prods Japanese firms to plan biggest capex cuts in decade

4 years ago·United Kingdom

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Today

Japan firms plan to cut capex by 6.8% this fiscal year

TOKYO - Japanese companies plan to slash capital expenditure by 6.8% in the current fiscal year ending in March 2021, a quarterly survey by the Ministry of Finance showed on Friday.

4 years ago·Singapore

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OAN

Japan firms plan to cut capex by 6.8% this fiscal year: survey

September 11, 2020TOKYO (Reuters) – Japanese companies plan to slash capital expenditure by 6.8% in the current fiscal year ending in March 2021, a quarterly survey by the Ministry of Finance showed on Friday.The decline was bigger than a 4.4% fall projected three months ago, suggesting that slumping profits from the coronavirus pandemic was denting corporate spending appetite.Manufacturers expect to reduce capital spending by 4.5% compared with…

4 years ago·San Diego, United States

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Business Standard

Pandemic prods Japanese firms to plan biggest capex cuts in decade

The dismal reading highlights the challenge facing Japan's next prime minister, to be chosen in a ruling party leadership race next week

4 years ago·India

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Business Times

Japan firms plan to cut capex by 6.8% this fiscal year: survey

[BENGALURU] Japanese companies plan to slash capital expenditure by 6.8 per cent in the current fiscal year ending in March 2021, a quarterly survey by the Ministry of Finance showed on Friday. Read more at The Business Times.

4 years ago

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