Private-sector machinery orders in Japan, excluding volatile ones for ships and those from electric power companies, fell 5.6% in May 2022 from a month ago, posting their first drop in three months and nearly matching forecasts for a 5.5% decline. Analysts suggested that Japanese firms could be delaying spending due to rising energy and raw material prices that have been aggravated by soaring import costs due to a weakening yen. Machinery orders decreased mainly in the following industries: petroleum & coal products (-59.1%), transportation & postal activities (-42.8%), other transport equipment (-34.9%), finance & insurance (-34.6%) and business-oriented machinery (-25.6%). On an annual basis, private-sector machinery orders rose 7.4% in May, slowing from a 19% expansion in the previous month. source: Cabinet Office, Japan

Machinery Orders in Japan averaged 0.29 percent from 1987 until 2022, reaching an all time high of 25.50 percent in October of 1996 and a record low of -16.80 percent in September of 2018. This page provides the latest reported value for - Japan Machinery Orders - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Machinery Orders - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Machinery Orders in Japan is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Machinery Orders is projected to trend around 4.00 percent in 2023 and 0.20 percent in 2024, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Japan Machinery Orders



Calendar GMT Actual Previous Consensus TEForecast
2022-07-10 11:50 PM Machinery Orders MoM May -5.6% 10.8% -5.5% -5%
2022-07-10 11:50 PM Machinery Orders YoY May 7.4% 19% 5.8% 7%
2022-08-16 11:50 PM Machinery Orders MoM Jun -5.6% 1.3% 1%


Related Last Previous Unit Reference
New Orders 1028.05 1104.17 JPY Billion May 2022
Machinery Orders -5.60 10.80 percent May 2022
Changes in Inventories 2911.90 -410.60 JPY Billion Mar 2022
Coincident Index 99.00 94.90 Jun 2022
Economy Watchers Survey 43.80 52.90 points Jul 2022
Leading Economic Index 100.60 101.20 points Jun 2022

Japan Machinery Orders
In Japan, Machinery Orders refers to the month-over-month change of the private sector machinery orders, excluding volatile ones for ships and those from electric power companies.
Actual Previous Highest Lowest Dates Unit Frequency
-5.60 10.80 25.50 -16.80 1987 - 2022 percent Monthly
SA

News Stream
Japan Machinery Orders Fall in May
Private-sector machinery orders in Japan, excluding volatile ones for ships and those from electric power companies, fell 5.6% in May 2022 from a month ago, posting their first drop in three months and nearly matching forecasts for a 5.5% decline. Analysts suggested that Japanese firms could be delaying spending due to rising energy and raw material prices that have been aggravated by soaring import costs due to a weakening yen. Machinery orders decreased mainly in the following industries: petroleum & coal products (-59.1%), transportation & postal activities (-42.8%), other transport equipment (-34.9%), finance & insurance (-34.6%) and business-oriented machinery (-25.6%). On an annual basis, private-sector machinery orders rose 7.4% in May, slowing from a 19% expansion in the previous month.
2022-07-11
Japan Machinery Orders Unexpectedly Jump 10.8%
Private-sector machinery orders in Japan, excluding volatile ones for ships and those from electric power companies, unexpectedly jumped 10.8% in April 2022 from a month ago despite forecasts for a 1.5% drop, as business spending remained defiantly robust against various macro headwinds. Business investment also grew at the fastest pace in 18 months even at the face of higher commodity prices, a weakening yen and supply chain disruptions caused by the Ukraine war and China’s Covid lockdowns. Machinery orders increased mainly in the following industries: petroleum & coal products (119.8%), information & communication electronics equipment (49.2%), foods and beverages (46.2%), other transport equipment (44.2%) and other non-manufacturing (31.5%). On an annual basis, private-sector machinery orders rose 19% in April, accelerating from a 7.6% gain in the previous month.
2022-06-15
Japan Machinery Orders Beat Expectations
Private-sector machinery orders in Japan, excluding volatile ones for ships and those from electric power companies, rose on a seasonally adjusted basis by 7.1% in March 2022 from a month earlier, exceeding the 3.7% gain expected by analysts and reversing from the previous month’s 9.8% decline. Machinery orders increased mainly in the following industries: non-ferrous metals (72%), textile mill products (66.2%), goods leasing (64.1%), real estate (55.6%) and mining, quarrying of stone & gravel (44.5%). On an annual basis, private-sector machinery orders rose 7.6% in March, accelerating from a 4.3% gain in the previous month. Looking forward, the private-sector orders, excluding volatile ones, were forecasted in the April-June period to decrease by 8.1% from the previous quarter. This forecast was basically made by summing up the figures from 280 machinery manufacturers.
2022-05-19