TOKYO : A majority of Japanese firms plan to focus their capital spending on technology next year, with investment plans largely unaffected by a plunge in the yen, a Reuters monthly poll showed.
Digitalisation was the most common answer among all firms, followed by labour-saving measures and decarbonisation. It marked an increase from January 2019 when 42 per cent of companies said tech would be an investment focus. "Along with a recovery in business performance, we plan to gradually resume capital investment that had been halted during the COVID-19 outbreak," wrote a manager in the wholesaling industry, who responded under condition of anonymity.
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