Japan's machine tool industry shows signs of rapid recovery

by:Gewinn     2022-05-08
In October 2013, the order value of Japan's eight major machine tool companies was 39.387 billion yen, a year-on-year increase of 23.2%, and increased for two consecutive months. The eight machine tool companies are DMG Mori Seiki, OKUMA, Makino, Osaka Kiko OKK, Toshiba Machine, Tsugami JTEKT, Toyota Kiko and Mitsubishi Heavy Industries. Recently, domestic demand in Japan has grown strongly, and external demand in Europe and North America has also continued to be strong. According to statistics, the domestic demand of the 8 machine tool companies in October was 15.975 billion yen, an increase of 39.8% year-on-year, and increased for three consecutive months. The effect of government subsidies is obvious. External demand was 23.412 billion yen, a year-on-year increase of 13.9%, increasing for two consecutive months.
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