Capital expenditure in Japan during the March quarter of 2017; data from the Ministry of Finance

January - March corporate capital spending +4.5 % y/y

  • expected +4.0%, prior was +3.8%

Capex excluding software +5.2% y/y

  • expected +4.1%, prior was +3.3%

Japanese firms' Q1 recurring profits +26.6% y/y

  • prior was +16.9%
  • Q1 showing the largest gain for a Q1 period ever recorded

Firms' Q1 sales +5.6% y/y

  • prior +2.0%

More better results for Japan's economy .... will be a positive for the yen .... but its weakening on the session so far, go figure.