Major machinery manufacturers that indicate the future of corporate capital investment The value of orders received in July increased by 0.9% from the previous month due to an increase in orders from the manufacturing industry, increasing for the first time in two months.
However, the Cabinet Office has left the keynote judgment of machine orders as "there is a movement to pick up", saying that it is necessary to determine the impact of the new coronavirus.
According to the machinery orders statistics released by the Cabinet Office, the amount of orders received from domestic companies by major machinery manufacturers in July was 859.7 billion yen, excluding ships and electric power, which are subject to large fluctuations.
Orders were up 0.9% from the previous month, the first increase in two months.
This is because in the manufacturing industry, orders for semiconductor manufacturing equipment increased from electrical appliances manufacturers, and orders for engines increased from the shipbuilding industry, which was 6.7% higher than the previous month.
On the other hand, in the non-manufacturing industry, orders for construction machinery from the construction industry and orders for railroad vehicles from the transportation industry decreased, resulting in a decrease of 9.5%.
In light of these circumstances, the Cabinet Office has left the keynote judgment of machine orders unchanged as it has been "moving to pick up".
The Cabinet Office said, "On average over the past few months, orders have been steadily increasing, but monthly growth is weak, and it is necessary to assess the impact of the new corona. Also, there are movements to reduce production in the automobile industry. We need to carefully look at the impact of this on capital investment. "