Japanese machine tool industry shows signs of improvement

Japan is one of the representative countries of the world's precision processing and manufacturing equipment. It has always occupied a large market share in the field of machine tools and other equipment. However, due to the recession of the domestic manufacturing economy in recent years, the processing equipment market has also been affected. The development of the machine tool industry is somewhat hindered, but from the published data, it is now showing signs of improvement.

The machine tool has been hailed as the mother of modern industry. It is mainly used in the industrial processing field, such as the manufacture of parts and components. In the world's major export of machine tools, Japan and Germany have always been the representatives of precision products. However, due to the sluggish domestic manufacturing industry in recent years, Japan has seriously affected the growth of the domestic machine tool industry.

In the first half of 2013, the total amount of Japanese machine tool orders was 517.26 billion yen, which was a decrease of 18.7% year-on-year. Among them, domestic machine tool orders amounted to 173.41 billion yen, down 13.1% year-on-year; foreign orders amounted to 343.84 billion yen, down 21.3% year-on-year, of which CNC machine tool orders were 339.61 billion yen. Order sales were 536.10 billion yen, of which CNC machine tools were 522 billion yen, down 19.9% ​​and 19.8% year-on-year, hand-held orders were 524.94 billion yen, and CNC machine tools were 500.89 billion yen, down 15.6% and 15.7% year-on-year. As the saying goes, the Japanese machine tool industry is still far from being "broken." According to the latest statistics, the machine tool industry in the country has now improved.

In October 2013, the order volume of Japan's eight major machine tool companies was 39.387 billion yen, a year-on-year increase of 23.2%, which has increased for two consecutive months. The eight machine tool companies are DMG Mori Seiki, OKUMA, Makino Manufacturing, Osaka Koki OKK, Toshiba Machine, Jinshang Tegent, Toyota Mechanic and Mitsubishi Heavy Industries. The recent strong domestic demand growth in Japan, as well as external demand in Europe and North America, continue to be strong.

According to statistics, the domestic demand of the eight machine tool companies in October was 15.975 billion yen, a year-on-year increase of 39.8%, which increased for three consecutive months. The government's subsidies have been effective. Foreign demand was 23.412 billion yen, a year-on-year increase of 13.9%, which increased for two consecutive months.