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MT Orders YoY in April Record More Than Doubled

May 17, 2021

On May 17, 2021, Japan Machine Tool Builders’ Association (JMTBA) announced preliminary figures of Japanese machine tool orders in April. The total amount of orders received was 123.9 billion yen, up 120.8% from the same month of the previous year. Domestic demand increased 70.3% year-on-year to 36.0 billion yen, and foreign demand increased 151.3% year-on-year to 87.9 billion yen.

Although the domestic demand decreased more than 10% from the precious month, the total amount of the orders has exceeded 120 billion yen for the second consecutive months, and the year-on-year increases for the sixth consecutive months.

JMTBA plans to announce the confirmed amount of Japanese machine tool orders in April on May 25th.

This article was translated by “T-4OO”.

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