According to "Nihon Keizai Shimbun" reported on November 13, the Japan Machine Tool Industry Association released data on November 12th, the machine tool order (instant value) in October fell by 1.1% year-on-year to 139.177 billion yen, from the single According to monthly data, it has fallen for the first time since November 2016. The main reason is believed to be the decline in orders for China. In the context of a shortage of manpower, Japanese companies have a strong willingness to invest, but if trade frictions cause Chinese companies to continue to delay investment, they will have an impact on the investment strategy of Japanese machine tool manufacturers.
Specifically, domestic demand for machine tools increased by 1.1% in October to 57.347 billion yen, while external demand fell 2.5% to 81.83 billion yen. Although the monthly order amount has remained at around 150 billion yen, which is significantly higher than the 100 billion yen demarcation line, the active momentum has further declined.
Due to the quick report value, the specific order amount of each country and region has not been announced, but many people believe that the low export of machine tools for China has lowered external demand.
In terms of Chinese orders, successive Chinese manufacturers were delayed by the trade friction and delayed signing. A senior executive of a large machine tool manufacturer said, "Although the negotiations are being promoted, the customers will hesitate to the final signing stage."
The chairman of the Japan Machine Tool Industry Association and the president of Toshiba Machinery, Mr. Imura, also analyzed, "As the outlook uncertainty increases, companies may become cautious about implementing equipment investment."
Regarding the prospects, many opinions in the industry believe that "China's demand will not bottom out" (Jin Shang Machine Tool President Xi Xi Shangsheng). In the context of the continuous upgrading of products such as automobiles and smart phones, the accuracy requirements for machine tools for manufacturing parts have also increased. According to Xi Xi, "We have also received more specific requirements."
Dejayen, the president of DMG MORI, pointed out that “there is demand, and the production line also wants to buy (machine tools)â€. There are not a few voices that believe that potential demand is still strong.
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