Japan Capex for Q3 +1.2% y/y (vs. +2.7% expected)

Japanese business capital expenditure in the third quarter of 2021 rose y/y and fell q/q.

-2.6% q/q

+1.2% y/y

• expected +2.7%, prior +5.3%

Other data in the release:

• Q3 sales +4.6% y/y
• Q3 recurring profits +35.1% y/y