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Japan's machine tool orders in May 2011 increased by over 30% year-on-year

by:Gewinn     2022-05-15
According to the latest data released by the Japan Machine Tool Association, in May 2011, Japan's machine tool orders (confirmed value) were 108.061 billion yen (about 8.69 billion yuan), an increase of 34.0% compared with the same period of the previous year. It was a year-on-year increase for 18 months, and the order value exceeded 100 billion yen for the fifth consecutive month. Statistics show that in May 2011, Japan's machine tool exports were 75.764 billion yen, a year-on-year increase of 45.8%; domestic machine tool orders were 32.297 billion yen, a year-on-year increase of 12.7%. In addition to the rising demand for machine tools in emerging market countries such as China, the impact of the earthquake in the northeast of Japan has greatly increased the demand for power generation equipment in Japan, which has also pushed up the growth of domestic demand orders. Yokoyama Motohiko, president of the Japan Machine Tool Association, pointed out that 'from the current situation, the factors that lead to the reduction of machine tool orders do not exist.' Aoli Machine Tool Network believes that, therefore, Japan's machine tool orders centered on overseas demand will continue to remain high. .
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