Japan's economic situation and analysis of the development trend of the machine tool industry
2025-05-29 08:12:38
Abstract Recently, the Japan Work Machinery Industry Association announced the situation of the Japanese machine tool industry. Analysis of the current economic situation in Japan Under the background of the appreciation of the yen, the Japanese economy is affected by the improvement of corporate income. The demand for Japanese equipment investment centered on large enterprises is gradually rising, and small and medium-sized manufacturing industries are also opening...
Recently, the Japan Work Machinery Industry Association announced the situation of the Japanese machine tool industry. Analysis of the current economic situation in Japan Under the background of the appreciation of the yen, the Japanese economy has been affected by the improvement of corporate income. The demand for Japanese equipment investment centered on large enterprises has gradually increased, and small and medium-sized manufacturing industries have begun to take action. Japan’s manufacturing demand has improved.
Legend: The chart source is IMF, revised on January 20, 2016. The data for Korea is the October 2015 data. “ASEAN5†stands for five countries: Malaysia, Thailand, Indonesia, Philippines and Vietnam.
In 2015, Japan’s GDP growth rate was 0.6%. The Japanese Cabinet’s second-time report on Japan’s GDP in 2015 was 0.5%. It is expected that Japan’s GDP growth rate will be 1% in 2016. It is predicted that the Japanese economy is slowly picking up. The Japan Work Machinery Association predicts that Japan's economy will maintain a slow recovery, supported by favorable factors such as further adjustments in stocks, lower crude oil prices, real wage growth, and theoretical fiscal and financial policies. In recent years, Japan's machine tool industry orders details Japan's machine tool industry is slowly moving forward in the twists and turns, but overall is good. In 2015, the total amount of orders for the Japanese machine tool industry (total amount of internal and external demand) decreased by 1.9% compared with last year, a decrease of 1,048.6 billion yen. Among the total orders last year, domestic demand accounted for 586.2 billion yen, and external demand accounted for 894.4 billion yen. Although the total order value in 2015 fell for the first time in two years, it exceeded 1 trillion yen for five consecutive years.
2016 Japan Machine Tool Industry Order Forecast It is reported that there is a certain amount of equipment in Japan, and there is a certain amount of renewal demand. Japanese tax laws encourage domestic companies to invest in equipment replacement to increase production efficiency. Japan has given certain policy support and subsidies to manufacturing companies, which has promoted the demand for machine tools in Japan to some extent. On the other hand, the exchange rate stability brought about by the depreciation of the Japanese currency has also given foreign machine tool users more reasons to choose Nissan machine tools.
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