According to data from the JMTBA (Japan Machine Tool Builders’ Association) (
www.jmtba.or.jp), the total value of machine tool orders in September was 153.45 billion yen.
This was an increase of 9.3% compared to August 2018 and an increase of 2.9% compared to September 2017.
Domestic orders in September 2018 rose by 3.3% compared to August 2018, amounting to 64.41 billion yen and marking a growth of 5.6% over September 2017 — plus the 20th consecutive month of year-on-year increase.
Orders from the industrial-machinery sector fell by 6.1% compared to August, and orders from the motor-vehicle sector fell by 2.7%; however, there was a 10.6% increase in orders from the electrical and precision machinery sector, and an 18.0% increase in orders from the aircraft, shipbuilding and transport equipment sectors.
Foreign orders in September rose by 14.1% compared to August — to 89.04 billion yen. By region, orders from Asia rose by 2.9% (compared to August) to 34.93 billion yen, albeit this was down 8.9% compared with September 2017.
Orders from Europe rose by 13.0% over August to 20.17 billion yen, while orders from North America rose by 31.0% over August, amounting to 32.82 billion yen.