July 22, 2020
Japan Machine Tool Builders’ Association announced the machine tool order amount of June. Total amount of orders in June was 67.19 billion yen, up 31.1% from the previous month. Domestic order increased by 28.4.% to 23.36 billion yen, and foreign order increased by 32.6% to 43.83 billion yen.
Many of the business negotiations were restarted that had been suspended due to influence of COVID-19, so the orders for general machinery and automobiles increased from the previous month. However, orders still remain in low level.