Japan’s quarterly capital spending data, for Q1 2014: +7.4% y/y (vs. +5.8% expected)

Japan’s quarterly capital spending data, for Q1 2014.

Capital spending +7.4% y/y

• expected +5.8%, prior was +4.0%

Capital spending (excluding software) y/y is +8.3%

• expected +5.9%, prior was +2.8%)

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Q1 Company profits +20.2%

• prior was 26.6%

Q1 Company sale +5.6%

• prior was +3.8%