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Japan firms start boosting capex at home

Retailers and other services companies, along with makers of consumer electronics and the transport industry, have been among the key drivers of recent gains in capital spending, Ministry of Finance data show.


PRESSURED by Prime Minister Shinzo Abe to share some of their record profits, and by increasingly obsolescent equipment, Japan's companies are starting to boost their investment spending.

Policymakers have unleashed a public campaign to encourage the rebound, a new focus for