Japan's machine tool orders in May 2011 increased slightly by 1.1% year-on-year

Some time ago, although Japan was affected by the major earthquake and subsequent nuclear leakage accident and planned power outages, machine tool orders have been growing. In May 2011, the total orders received by Japanese machine tools totaled 108.160 billion yen, a slight increase of 1.1% over the previous month. Compared with the same period last year, it increased by 34.2%. According to the latest statistics released by the Japan Machine Tool Industry Association (JMTBA) recently, the total orders received by Japanese machine tools in May 2011 totaled 108.16 billion yen, a slight increase of 1.1% over the previous month. Compared with the same period last year, it increased by 34.2%. Up to now, the accumulated orders of the Japanese machine tool industry in 2011 reached 545.818 billion yen, an increase of 52.8% compared with the same period last year. From January to April 2011, Japan's machine tool orders totaled 437.631 billion yen, a year-on-year increase of 58.2%, and the order value basically recovered to the level before the outbreak of the financial crisis in the autumn of 2008. From January to April 2011, Japan's machine tool orders totaled 437.631 billion yen, a year-on-year increase of 58.2%, and the order value basically recovered to the level before the outbreak of the financial crisis in the autumn of 2008. In April 2010, Japan's machine tool orders increased by 220.5% to 80.707 billion yen, of which domestic orders increased by 87.3% to 22.833 billion yen, and foreign orders increased by 345.4% to 57.874 billion yen. In Japan, whether it is domestic demand or external demand, the demand for grinding machines and gears for automobiles and construction companies has rebounded significantly, which has played a role in promoting the development of the local machine tool industry. Compared with the previous growth, the growth of Japanese machine tool orders has declined. It can be seen that the impact of the major earthquake and subsequent nuclear leakage accidents and planned power outages is great.