Latest news with #machineryOrders
Japan Times
22-05-2025
- Business
- Japan Times
Core machinery orders grew for second straight month in March
Seasonally adjusted core machinery orders in March rose 13% from the previous month, growing for the second consecutive month, the Cabinet Office said Thursday. Core orders, or private-sector orders excluding those for ships and machines used by power utilities, a leading indicator of corporate capital investment, totaled ¥1.01 trillion. The government agency kept its basic assessment unchanged, saying that machinery orders are showing signs of picking up. Core machinery orders from manufacturers gained 8.0% to ¥459.3 billion, and those from nonmanufacturers grew 9.6% to ¥534 billion. Large-scale orders from the chemical and telecommunications industries, worth over ¥10 billion, pushed up the overall figure. Overall machinery orders, including those from the public sector and abroad, fell 9.4% to ¥3.05 trillion. In fiscal 2024, which ended in March, core machinery orders rose 3.7% from the previous year to ¥10.67 trillion. For April-June, core orders are projected to shrink 2.1% from the previous quarter, due to a decline in orders from nonmanufacturers. The impact of U.S. President Donald Trump's tariff measures on machinery orders should be closely watched next month and beyond, a Cabinet Office official said.
CNA
22-05-2025
- Business
- CNA
Japan March machinery orders rise 13.0% month-on-month
TOKYO :Japan's core machinery orders rose 13.0 per cent in March from the previous month, government data showed on Thursday. That compared with a 1.6 per cent decrease estimated by economists in a Reuters poll. On a year-on-year basis, core orders, a highly volatile data series regarded as a leading indicator of capital spending in the coming six to nine months, grew 8.4 per cent, versus a forecast for a 2.2 per cent contraction, the data showed. For the full table, go to the website of the Cabinet Office:
