Japan – Q2 Capital Spending +3.0% y/y (vs. +4.2% expected)

Japan data: Q2 financial statements statistics of corporations (MOF survey)

Capital Spending: +3.0% y/y

• expected is +4.2%, prior was +7.4%

Q2 Capital spending ex-software: +1.9% y/y

• expected is +1.0%, prior was +8.3%

Q2 Company profits, +4.5% y/y

• prior was +20.2%

Q2 Company sales, +1.1% y/y

• prior was +5.6%