UTC+8 ( BJT)

Japan’s Feb industrial machine orders jump 220% in value

ABSTRACT

The value of machinery orders won by Japanese manufacturers for all industrial applications soared by 219.4% on year to Yen 987.3 billion ($9 billion) in February, according to the latest release by The Japan Society of Industrial Machinery Manufacturers (JSIM) published on April 12.
The February order total was 276.4% higher than January in value and the exceeded the recent month high of Yen 934.3 billion recorded in March 2020, according to the data. Among the total, those from the domestic customers were at Yen 196.7 billion, down 7.2% on year but up 1.5% on month, while those

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