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Japan's machinery orders showed a trend of rising

Creation:Hooray Source:Hooray Machinery Release Time:2016-11-15 21:30

Abstract:Mechanical demand in June, according to Japans main appeared rising trend. But these machinery maker the outlook is still not optimistic. As a barometer of the main company investment machinery orders, from may to now increased to 732.8 billion yen, up 9.
Mechanical demand in June, according to Japan's main appeared rising trend. But these machinery maker the outlook is still not optimistic.

As a barometer of the main company investment machinery orders, from may to now increased to 732.8 billion yen, up 9.7%. But analysts warned not to be too optimistic, because the manufacturer of the surveyed still pessimistic about market prospects for the future.
"Unless production can get long-term growth, investment will be not guaranteed. Because most of Japan's production capacity depends on the extent of the western market recovery," said, an economist at mizuho securities.

A Japanese cabinet member said recently, one-time order in the field of metal to the number of the survey provides great support is put forward. If there is no this order, so Japan machinery demand will maintain the same level with the original estimate. The Japanese branch of the royal bank of Scotland securities company said Junko Nishioka, chief economist of "due to the future of global demand outlook is not optimistic, so investors need careful."

Because of limited demand for foreign and Japanese, heavily reliant on foreign markets of Japanese companies is expected to remain at a low rate of investment.

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