Japanese business capital expenditure for the January – March quarter of 2024:
+6.8% y/y
- expected +12.2%, prior +16.4%
-4.2% q/q
Company Profits +15.1% y/y, a massive beat (don’t listen to all the whining out of Japan Inc, they’re minting it.
- expected +8.3%, prior +13.0%
Company Sales +2.3% y/y
- expected +2.4%, prior +4.2%
Speaking of Japan, here’s the best 2 and half minutes you’ll see on the internets for a good long time:
Sound up too. Great track.
