On November 1, the Japan Machine Tool Industry Association announced the latest operation of the machine tool industry. The total machine tool orders in September were 150.85 billion yen, an increase of 8.3% month-on-month. Month-on-month growth, orders exceeded 100 billion yen for 20 consecutive months.
In September, machine tool orders in Japan and abroad were at a high level
In September, Japan’s domestic machine tool orders rose 1.2% from August to 52.42 billion yen, a figure that fell 8.9% from a year earlier, the first year-on-year decline in 19 months. In terms of major industries, orders in the industrial machinery industry increased by 2.8%, motor vehicles fell by 10.8%, electrical and precision machinery fell by 10.9%, and aviation, marine and transportation equipment increased by 24.1%.
In September, Japan’s foreign machine tool orders increased by 12.4% compared with August, reaching 98.43 billion yen, a figure that increased by 13.1% compared with the same period last year, the 23rd consecutive increase. From a regional perspective, orders from the Asian market increased by 8.6% month-on-month to 47.5 billion yen, a year-on-year increase of 25.3%; orders from Europe increased by 19.9% month-on-month to 18.96 billion yen, an increase of 6.5% year-on-year; from North America The orders of the company increased by 18.4% month-on-month to 30.14 billion yen, an increase of 11.6% year-on-year.
Source: Machine Tool Industry Association
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