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Japan's machine tool orders fell month-on-month in October

by：Gewinn 2022-05-08

Japan Machine Tool Builders Association (JMTBA) recently announced machine tool order data show that in October 2010, Japan's machine tool orders were 80.15 billion yen, down 12.96% from 91.714 billion yen in the previous month, but the total order volume still increased compared with the same period last year. 70.9%. From January to October 2010, Japan's cumulative machine tool orders amounted to 783.057 billion yen, a year-on-year increase of 157.4%. From the perspective of domestic and foreign demand, Japan's domestic machine tool orders in October were 25.331 billion yen, down 6.6% month-on-month, but up 60.9% year-on-year; overseas machine tool orders were 54.819 billion yen, down 15.5% month-on-month, but up 75.9% year-on-year %. The financial crisis has caused a sharp decline in Japanese machine tool orders, but with the gradual recovery of the global economy, driven by the Asian market led by China, the recovery rate of Japan's overseas machine tool orders is significantly faster than the growth rate of Japanese domestic orders. At present, the number of overseas machine tool orders are close to pre-crisis levels. However, in recent months, Japan's domestic machine tool orders have continued to decline, and foreign market orders also dropped significantly in October, indicating that the current market demand is not stable, and there are still many uncertainties in the future development. It can be expected that in 2010, Japanese machine tools will rebound sharply from last year.

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