Japan's July machine tool order revised to an annual drop of 72.3%


The Japan Machine Tool Industry Association announced that Japan’s machine tool orders in July were revised down by 72.3% to 34.346 billion yen, of which domestic orders fell 72.6% year-on-year, and foreign orders fell 72%.
According to a report on August 19th, the Japan Machine Tool Builders Association announced that Japan’s machine tool orders in July fell by 72.3% year-on-year to 34.346 billion yen, with an initial value of 72.2%. .
In addition, domestic orders were revised down to 72.6% year-on-year to 14.429 billion yen, and foreign orders were revised down to 72% year-on-year to 19.917 billion yen.
The Japanese machine tool order correction value is shown in the following table:
-------------------------------------------------- -----
July June May April March February 2009 2009 2009 2009 2009 2009 2009
--------------------- Year-to-year change-----------------
Total order -72.3% -72.8% -79.2% -80.4% -85.2% -84.4%
Domestic -72.6% -74.5% -77.6% -77.5% -87.9% -86.2%
Foreign -72.0% -71.4% -80.4% -82.4% -83.0% -82.8%
--------------------- month-to-month change ------------------
Total order -1.8% 26.9% 9.5% 20.3% 2.6% 7.2%
Domestic -0.2% 17.3% 1.1% 58.2% -7.5% -9.3%
Foreign -2.9% 34.6% 17.3% -1.8% 9.5% 22.7%
------------------- Real value (billion yen) ---------------
Total order 34.346 34.968 27.564 25.184 20.939 20.417
Domestic 14.429 14.455 12.323 12.190 7.706 8.330
Foreign countries 19.917 20.513 15.241 12.994 13.233 12.087

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