Japan's machine tool orders fell in May 2010

On June 23, the Japan Machine Tool Industry Association (JMTBA) announced the accurate statistics of the machine tool orders of its member units in May 2010. The data shows that in May this year, the total amount of Japanese machine tool orders was 80.623 billion yen, a slight decrease of 0.2% from the previous month and a substantial increase of 192.5% from the same period last year. Among them, CNC machine tool orders were 76.958 billion yen, down 1.1% month-on-month and up 192.3% year-on-year, and CNC machine tool orders accounted for 95.5% of total orders. From January to May 2010, the total amount of Japanese machine tool orders was 341.539 billion yen, an increase of 219.1% over the same period in 2009. In terms of machine tool consumption, the sales of Japanese machine tools in May was 58.879 billion yen, an increase of 4.1% from the previous month and a year-on-year increase of 49.8%; from January to May, the cumulative sales of Japanese machine tools was 303.105 billion yen, a year-on-year decrease of 1.1%. In May 2010, China's orders for Japanese machine tools continued to rank first, with an order value of 17.418 billion yen, a decrease of 18.8% from the previous month and a year-on-year increase of 248%, accounting for 33.5% of Japan's total overseas orders, accounting for a certain proportion. The United States ranked second with 10.967 billion yuan, an increase of 3.1% month-on-month and a year-on-year increase of 203.5%, accounting for 21.1% of total overseas orders; South Korea continued to hold the third place with 4.317 billion yen, a month-on-month increase of 14.9%, A huge year-on-year increase of 1458.5%.