Japanese Companies' Capex Hits Record High, Led by NTT & Toyota on AI & Factory Investments
Capital spending by major Japanese companies, including NTT, Toyota, Nippon Steel, and Honda, is projected to reach an all-time high this fiscal year. This surge is primarily driven by significant investments in AI-related infrastructure such as data centers, chipmaking, and power grids, as well as factory retooling.
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Source:Nikkei Asia · Source Link
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