Products

Japanese machine tool orders decreased for the first time in three years in the first half of 2012

by：Gewinn 2022-05-09

According to Japanese media reports, the order performance of 11 machine tool forging machinery companies in the first half of 2012 (January to June) compiled by the Nikkan Kogyo Shimbun was 420.132 billion yen (about 5.37845 billion US dollars), a year-on-year decrease of 10.8%. In the first half of the year, the number of orders decreased for the first time in three years. Affected by factors such as demand for recovery from the Great East Japan Earthquake, domestic orders have ensured growth. In terms of external demand orders, in addition to the sluggish orders for China, the largest demand country, the credit instability in Europe and the appreciation of the yen have also caused a decline in the value of external demand orders. However, as China's financial tightening policies continue to ease, industry insiders pointed out that orders are slowly increasing. The actual performance of domestic orders was 166.523 billion yen (about 2.13179 billion US dollars), a year-on-year increase of 3.5%. External orders were 253.690 billion yen (approximately US$3,247.69 million), a decrease of 18.1% year-on-year. Among the 11 companies, 8 companies saw a decline in the amount of foreign demand orders. The external demand ratio dropped to 60.4%, a decrease of 5.4 percentage points year-on-year. Note: The real-time exchange rate used in this paper is 1 USD u003d 78.1140 yen.

Custom message