"The upward revision is very slight, and when you exclude the impact of leap year growth is not that strong," said Shuji Tonouchi, senior fixed income strategist at Mitsubishi UFJ Morgan Stanley Securities.
With private consumption making only a feeble recovery from last quarter's slump, the data keeps alive market expectations that Prime Minister Shinzo Abe will delay a scheduled sales tax hike next year, analysts said.
While many analysts expect growth to have rebounded modestly in the current quarter, the bleak outlook for global demand has led some to predict another contraction that will push Japan back into technical recession - defined as two straight quarters of shrinking growth.
Core orders, a highly volatile data series regarded as a leading indicator of capital spending, rose 4.2 percent in December, Cabinet Office data showed on Wednesday, less than the median estimate for a 4.7 percent month-on-month increase.
The data underscores the challenges premier Shinzo Abe faces in dragging the economy out of stagnation, as exports to emerging markets fail to gain enough momentum to make up for soft domestic demand.
Nissin Foods Holdings added more meat and toppings to its signature Cup Noodle products earlier this year, and raised prices by 5-8 percent. Sales rose by a tenth in April-September from a year earlier.
The Japanese currency strengthened 0.1 percent to 122.44 per dollar in early Asian trading, after rising 0.4 percent last week. The euro weakened 0.5 percent at 131.23 against the yen, falling below the support levels at mid-131.
Many analysts expect the economy to grow only moderately in the current quarter as companies remain hesitant to use their record profits for wage hikes, underscoring the challenges premier Shinzo Abe faces in pulling Japan sustainably out of stagnation with his "Abenomics" stimulus policies.
In a quarterly report on regional economies, the central bank said many areas saw capital expenditure increase gradually and private consumption remain firm on improving job conditions.
Akira Amari said he hoped discussions between the government and private sector kicking off later this month would spur corporate capital spending and help sustain a moderate economic recovery.
US crude futures CLc1 were trading at USD 41.84 per barrel at 0014 GMT, 3 cents below their last settlement and not far off more than six-year lows touched earlier this week.
While a number of analysts see a slowdown for the world`s third largest economy next year, one Japan watcher still expects above-trend growth for 2012, even without any contribution from exports.
Japan's economy offered more signs of recovery from the deadly March earthquake on Tuesday, but Moody's ratings agency warned both growth and government action may fall short of what is necessary to bring Tokyo's ballooning debt back under control.
Bank of Japan Governor Masaaki Shirakawa said on Saturday that the country's economic outlook was very severe and that the central bank would take appropriate action to support the economy.
Japan's economy seems to be in a state of almost suspended animation as its nuclear crisis shows no sign of ending, sorely testing analysts' hopes for a swift rebound led by reconstruction efforts.
Here is a list of the likely impact of and response to the devastating earthquake and tsunami that rocked the northeast coast of Japan on Friday, and subsequent crisis at nuclear power plants.