Machine tool orders fell for the 12th consecutive month in April

Abstract According to the statistics of the Japan Machine Tool Industry Association, in April 2012, the order value of machine tools in Japan was 81.963 billion yen, a decrease of 23.6% compared with the same period of the previous year. It has shown a year-on-year decline for 12 consecutive months. The data shows that the order for Japanese foreign machine machine tools in April was 547...
According to the Japan Machine Tool Industry Association, in April 2012, Japan’s machine tool orders amounted to 81.963 billion yen, a decrease of 23.6% compared with the same period of the previous year. It has shown a year-on-year decline for 12 consecutive months.

Data show that in April, the volume of orders for Japanese foreign-owned machine tools was 54.719 billion yen, down 25.0% year-on-year, showing a year-on-year decline for seven consecutive months. Japan’s export of aircraft machine tools to the United States remained strong, with orders for US machine tools up 1.1% year-on-year; Japan’s orders for machine tools to China plummeted 57.5% year-on-year, especially for Japanese machine tool orders for precision instruments, which fell more than 80% year-on-year. However, Japan’s machine tool orders for general machinery (metal processing machinery, industrial machinery, etc.) in Asia, including China, increased by 1.4% year-on-year, and increased for the first time in 11 months.

According to statistics, the amount of machine orders for domestic demand in Japan was 27.244 billion yen in April, down 20.6% year-on-year, and has declined for 11 consecutive months. Among them, the order value of machine tools for aviation, shipbuilding and transportation machinery increased by 8.6% year-on-year, and the order value of machine tools for auto parts increased by 3.3% year-on-year, which was the first time in 11 months.

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