TOKYO/NAGOYA, Japan (Reuters) - Japanese companies raised spending on factories and equipment in the July-September quarter, but the slow pace of increase casts some doubt on the strength of capital spending that is needed to help sustain economic growth. Bank of Japan Governor Haruhiko Kuroda said capital expenditure will likely increase as a trend, though he warned that overseas uncertainties were among key risks in meeting the central bank's goal of accelerating inflation to 2 percent in roughly two years. "Of course, we are ready to adjust monetary policy without hesitation if upside or downside risks materialize," Kuroda told business leaders in Nagoya, central Japan, on Monday. "If overseas economies perform worse than expected, this may affect Japan's economy," he said.
via Business News - Yahoo Finance http://finance.yahoo.com/news/japan-q3-capex-rises-boj-035311723.html
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