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March Sees 28% Surge in Japan's Machine Tool Orders, Overseas Orders Soar by 40%
14 hour ago /
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Author：小编
On April 9th, data unveiled by the Japan Machine Tool Builders' Association revealed that machine tool orders in Japan climbed to ¥193.5 billion in March, marking a substantial 28% year-on-year increase. This upswing marked the ninth straight month of year-on-year growth. Although there were market apprehensions that the escalating situation in the Middle East might adversely affect equipment investment, an official from the association noted that the order volume in March hit an all-time high. Particularly noteworthy was the 40% jump in overseas orders, which reached ¥143 billion, with orders coming in from diverse sectors including automotive and artificial intelligence (AI).
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