Japan Q4 corporate capex up 16.4% yr/yr - MOF

TOKYO (Reuters) - Japanese companies raised spending on plant and equipment in October-December by 16.4% from the same period a year earlier, Ministry of Finance data showed on Monday.

The data will be used to calculate revised gross domestic product figures due on March 11 and follows a preliminary estimate that Japan's economy contracted 0.4% annualised in the fourth quarter.

(Reporting by Tetsushi Kajimoto; Editing by Josie Kao)