Reuters poll report:

  • 75% of Japanese companies praise PM Abe’s growth strategy
  • 25% said they will boost Capex as a result of Abe’s economic policies
  • 25% said will expand domestic operations as a result of Abe’s economic policies
  • Nearly 90% of Japanese firms expect the core CPI to fall short of BOJ’s 2% inflation target in fiscal year 2014/15

While 75% ‘praise’ the strategy, only a quarter are going to increase capex, and only a quarter to expand domestic operations. And 90% don’t expect the inflation goal to be reached? Hmmm. Looks like the money is not going where the mouth is?

Headlines crossing the wires.

ADDED – Reuters have already put it up on the web – link: Japan Inc cheers Abe growth plans but wary on capex, wages -Reuters survey