According to statistics on machinery orders, which show the future of corporate capital investment, the amount of orders received from domestic companies by major machinery manufacturers from July to September this year was 2.7438 trillion, excluding ships and electric power, which fluctuate greatly. The yen decreased by 1.6% compared to the previous three months.
It was the first time in two quarters that the amount of orders was negative. Looking at the breakdown, orders from the electrical machinery and steel industries decreased by 2% from the previous three months in the manufacturing industry, and the construction industry in the non-manufacturing industry also decreased. Decreased by 1.4% each due to a decrease in orders from
Based on this, the Cabinet Office has revised its basic assessment downward, saying that "movements of recovery are showing signs of stagnation."
On the other hand, the amount of orders received for the three months from October is expected to increase by 3.6%, as capital investment will recover as economic activity normalizes.