Making sense of the Global Market, Euromonitor International Ltd.

Yu Mitsuhashi

Making sense of the Global Market

Euromonitor International Ltd.

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Thematic (Sector/Industry)

<ul><li>Bleak automotive outlook expected to weigh down on industry’s growth<ul><li>Japanese machine tool manufacturers’ turnover contracted for the second consecutive year in 2016, driven by sluggish domestic demand, primarily from Japan’s automotive industry, and falling orders from overseas.</li></ul></li><li>Infrastructure investment poised to provide some support<ul><li>Machine tools orders linked to construction activities in Japan declined by 6.9% in monetary terms during 2016 thanks to slowing residential construction and a drop-off in reconstruction work following the 2011 earthquake and tsunami.</li></ul></li><li>Manufacturers to gain from trade opportunities in the near future<ul><li>Annual exports of machine tools declined significantly in during 2016, due to tepid external demand and the yen’s steep appreciation against the US dollar.</li></ul></li></ul>

Bleak automotive outlook expected to weigh down on industry’s growthJapanese machine tool manufacturers’ turnover contracted for the second consecutive year in 2016, driven by sluggish domestic demand, primarily from Japan’s automotive industry, and falling orders from overseas.Infrastructure investment poised to provide some supportMachine tools orders linked to construction activities in Japan declined by 6.9% in monetary terms during 2016 thanks to slowing residential construction and a drop-off in reconstruction work following the 2011 earthquake and tsunami.Manufacturers to gain from trade opportunities in the near futureAnnual exports of machine tools declined significantly in during 2016, due to tepid external demand and the yen’s steep appreciation against the US dollar.

Industrial Capsule: Machine Tools in Japan

Japan

NACHI-FUJIKOSHI CORP. manufactures bearings.  The Company also produces and sells machine tools, oil and air pressure equipment, and industrial robots.

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Nachi Fujikoshi (6474 JP)

Industrial Capsule: Machine Tools in Japan

Bleak automotive outlook expected to weigh down on industry’s growthJapanese machine tool manufacturers’ turnover contracted for the second...

Euromonitor International Ltd.

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