Major Japanese corporations are planning to invest 0.2 percent more on equipment in fiscal 2000, the first increase in four years, the government-affiliated Development Bank of Japan said Tuesday.
The planned spending by the 2,965 surveyed companies, capitalized at at least 1 billion yen, totals 24.447 trillion yen.
"The declining trend in capital investments appears to be halted as slight increases are expected in both manufacturing and nonmanufacturing sectors," an official at the bank said.