Machine tools May orders received drastically decreased by 50% or more Corona impact June 9 19:05
Last month, machine tool builders received a significant reduction of over 50% compared to the same month last year. It can be seen that corporate capital investment continues to decline due to the spread of new coronavirus infections.
According to the Japan Machine Tool Manufacturers Association, the order value for domestic manufacturers last month was a preliminary figure of more than ¥51.2 billion, a significant decrease of 52.8% compared to the same month last year. The amount of orders received is the lowest level in 10 years and 6 months since November 2009, when the Lehman shock had continued.
Among orders received, domestic sales decreased 57.4% to ¥18.2 billion, and overseas sales decreased 49.8% to ¥33.0 billion.
Due to the spread of the new coronavirus infection, orders for machines for making automobile parts fell in Japan and overseas, and orders for equipment for processing parts for smartphones, mainly in China, also seemed to decline, leading to a decline in corporate capital investment. You can see what is going on.
The Japan Machine Tool Manufacturers Association said, "Since the emergency declaration has been lifted and the business activities of the manufacturers are gradually returning, we expect that the extent of reduction due to the new coronavirus will gradually recover."