Japanese machine tool analysis in June market

The total order value of Japanese machine tool tools totaled 109.06 billion yen in June, an increase of 4.5% from May, and the chain growth was achieved for two consecutive months. However, this figure is down 19.9% ​​from June last year, which is the 11th consecutive month of year-on-year decline. The total order amount exceeded 100 billion yen for two consecutive months.
Domestic orders in Japan totaled 50.76 billion yen in June, up 30.6% from May, the first time in three months. It was down 15.8% from June last year and is the fifth consecutive year-on-year decline since this year.
In major industry sectors, industrial machinery orders increased by 39.0% in June, auto manufacturing orders rose 22.0%, orders for electronics and precision machinery increased by 47.6%, and orders for aviation, shipbuilding and transportation equipment increased by 19.2%.
Japan’s foreign trade orders totaled 5.83 billion yen, down 11.0% from May, the first time in two months. Compared with the same period of last year, it decreased by 23.1%; it was the 13th consecutive month of decline.
In terms of the order area, Asian orders fell by 3.4% from May, with orders totaling 25.57 billion yen; a decrease of 27.9% compared with the same period last year. European orders fell 11.6% from May, with orders totaling 14.08 billion yen; down 13.5% from the same period last year. Orders in North America totaled 17.76 billion yen, down 20.4% from May and down 20.1% from the same period last year. (Source: Japan Machine Tool Industry Association; this article is translated by China Superhard Materials Network, please indicate the source.)

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