While the Tankan report was from overnight, this one is from today – a Reuters polls has found that more than half of Japanese firms would consider using use the corporate tax cut windfall for domestic capex

The result is from the Reuters Corporate Survey, conducted in early June:

  • showed senior managers picked spending on plant and equipment in Japan as their top choice on how they would use the tax proceeds, garnering the votes of 131 out of the 245 who responded to that question.

There will be more on this still to come