Abstract According to the Japan Machine Tool Industry Association, in the first half of 2013, the orders of eight major machine tool manufacturers in Japan totaled 219.43 billion yen, a year-on-year decrease of 17.1%. The eight machine tool manufacturers are Mori Seiki Co., Ltd., Otsuka (OKUMA), Makino Manufacturing Co., Ltd....
According to the Japan Machine Tool Industry Association, in the first half of 2013, orders from eight major machine tool manufacturers in Japan totaled 219.43 billion yen, down 17.1% year-on-year. The eight machine tool manufacturers are Mori Seiki Co., Ltd., Otsuka (OKUMA), Makino Manufacturing Co., Osaka Machine OKK, Toshiba Machine, Tsugami Jettage, Toyota Machin and Mitsubishi Heavy Industries. According to statistics, the orders for the eight machine tool manufacturers in the first half of the year were 74.22 billion yen, down 21.1% year-on-year, and external orders were 145.21 billion yen, down 15.0% year-on-year. The proportion of external demand increased by 1.7 percentage points to 66.2%.
Experts analyzed that the slowdown in China's economy, the decline in smartphones and the need for flood recovery in Thailand are the main factors affecting the reduction of orders. However, due to the recovery of overseas economy and the fall of the yen exchange rate, the total order value increased by 1.6% in the first half of 2013 compared with the second half of 2012 (July-December). It is expected to continue to grow slowly in the second half of this year.
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