The revision was due to private sector investments, at minus 0.4 percent, up from the previous minus 0.5 percent.Seasonally adjusted real gross domestic product, or GDP, a measure of the value of a nation's products and services, remained in negative territory, as exports and consumption declined from the previous quarter.Quarter to quarter, the economy slipped 0.5 percent in the January-March period, according to the Cabinet Office, unchanged from last month's results.
Last week, Toyota Chairman Akio Toyoda apologized for the wide-ranging fraudulent testing involving the use of inadequate or outdated data in collision tests, incorrect testing of airbag inflation, rear-seat damage in crashes and engine power.The safety of the vehicles is not affected, but the companies apparently wanted to speed up the testing process.Investors are also watching closely for the next action from the Bank of Japan, whose monetary policy board meets later this week.