Machine Tool Orders Reach a Plateau
First written in FY2016-Q3. 12 of 37 entries say "Worsened", first in FY2016. Latest entry: 2026-10-13.
Micron Machinery moved to the "Worse" side of this theme in 2016.
1 other company's latest entry also says "Other".
- FY2026-H1RestatedAnnual report
「In the machine tool industry, domestic demand continued to lack momentum and remained broadly flat. Overseas demand remained solid despite uncertainty over the international situation.」
The report continues to describe domestic demand as lacking momentum and remaining broadly flat, while overseas demand remains solid. - FY2025Stagnant domestic demand and firmer overseas demandAnnual report
「In the machine tool industry, domestic demand continued to lack momentum and remained broadly flat. Overseas demand was subject to a cautious stance as companies assessed the US tariff policy, but activity was generally solid as the impact eased following the determination of the new reciprocal tariff rates.」
The description changed from a lack of strength in both domestic and overseas demand through the previous fiscal year to domestic demand remaining flat and lacking momentum, while caution over US tariff policy eased and overseas demand was generally solid. - FY2025-H1Regional and industry differences in capital investment stances, with continued lack of strengthAnnual report
「In the machine tool industry, although demand remained solid, mainly in overseas markets, capital investment stances differed by industry, country and region, and conditions lacking strength continued in both domestic and overseas markets.」
While solid demand continued, mainly in overseas markets, the report newly specified differences in capital investment stances by industry, country and region, and stated that the lack of strength in both domestic and overseas markets continued. - FY2024WorsenedAnnual report
「In the machine tool industry, although demand remained solid, mainly in overseas markets, activity continued to stall amid continuing downside risks including higher raw material costs and supply constraints.」
While solid demand continued, mainly in overseas markets, the wording changed from the previous description of “activity lacking strength” to “continued stagnation,” reinforcing the industry’s sense of stagnation. - FY2024-Q3WorsenedAnnual report
「In the machine tool industry, although demand remained solid, mainly in overseas markets, activity continued to lack strength amid continuing downside risks including higher raw material costs and supply constraints.」
While demand remained solid, mainly in overseas markets, the wording deteriorated from the previous description of resilience to activity lacking strength against the backdrop of higher raw material costs and supply constraints. - FY2024-Q2Reference to stagnation removed, with resilience continuingAnnual report
「In the machine tool industry, demand in both domestic and overseas markets remained generally at a relatively high level, and activity continued to be resilient despite continuing downside risks including higher raw material costs and supply constraints.」
Compared with the previous quarter’s description of activity as “resilient despite a sense of stagnation,” the reference to stagnation was removed, while the relatively high demand levels and resilience of domestic and overseas markets were maintained. - FY2024-Q1Stagnation explicitly noted despite relatively high demandAnnual report
「In the machine tool industry, demand in both domestic and overseas markets remained generally at a relatively high level, but despite continuing downside risks including higher raw material costs and supply constraints, activity remained resilient despite a sense of stagnation.」
While the relatively high demand levels and resilience of domestic and overseas markets were maintained, the report explicitly described a sense of stagnation, compared with the previous fiscal year’s wording of “trending weaker” and “resilient activity.” - FY2023WorsenedAnnual report
「In the machine tool industry, demand in both domestic and overseas markets remained generally at a relatively high level, but activity continued to be resilient while trending weaker amid continuing downside risks including higher raw material costs and supply constraints. Grinding machines: order intake ¥4,424.294 million (74.9% of the previous fiscal year); order backlog ¥3,024.232 million (80.0% of the previous fiscal year)」
While demand remained relatively high and resilient, order intake and order backlog declined from the previous fiscal year, and industry conditions were described as “trending weaker.” - FY2023-Q3Resilient activity amid a cautious stanceAnnual report
「In the machine tool industry, demand in both domestic and overseas markets remained generally at a relatively high level. Although downside risks including higher raw material costs and supply constraints continued and users showed a cautious stance, activity remained resilient.」
While domestic and overseas demand remained at relatively high levels, the report noted users’ cautious stance and downside risks from higher raw material costs and supply constraints, and the wording changed from the previous quarter’s “somewhat subdued activity” to “resilient activity.” - FY2023-Q2WorsenedAnnual report
「In the machine tool industry, demand in both domestic and overseas markets remained generally at a relatively high level, but activity was somewhat subdued amid continuing downside risks including higher raw material costs and supply constraints.」
Although domestic and overseas demand remained at relatively high levels, the description changed from continued high demand to somewhat subdued activity against the backdrop of higher raw material costs and supply constraints. - FY2023-Q1RestatedAnnual report
「In the machine tool industry, despite downside risks including higher raw material costs and supply constraints, demand continued at a high level in both domestic and overseas markets.」
While downside risks including higher raw material costs and supply constraints remained, demand continued at a high level in both domestic and overseas markets. - FY2022Continued high demand in domestic and overseas marketsAnnual report
「In the machine tool industry, despite the continuing impact of COVID-19, demand remained at a high level in both domestic and overseas markets.」
The full-year assessment organizes the previous description of active domestic capital investment and high overseas demand centered on North America as continued high demand in both domestic and overseas markets. - FY2022-Q3Continued solid domestic demand and higher overseas demand centered on North AmericaAnnual report
「In the machine tool industry, although the impact of COVID-19 remained, domestic demand stayed solid amid active capital investment, while overseas demand continued at a high level, centered on North America.」
The description changed from a recovery trend in domestic demand to continued solidity driven by active capital investment, while high overseas demand continued, centered on North America. - FY2022-Q2Continued domestic recovery and sustained high overseas demandAnnual report
「In the machine tool industry, although there was an impact from the renewed spread of COVID-19, domestic demand continued to recover, partly due to the effects of government measures such as subsidies, while overseas demand remained at a high level.」
The wording changed to state that, despite the continuing impact of the renewed spread of COVID-19, domestic demand continued to recover due to the effects of government measures, while overseas demand remained strong. - FY2022-Q1Shift from weak conditions to continued solid recoveryAnnual report
「In the machine tool industry, although the impact of COVID-19 remained, demand remained solid in both domestic and overseas markets, and recovery continued.」
The wording changed from the previous full-year qualification that conditions remained weak to a statement that, although the impact of COVID-19 remained, demand was solid in both domestic and overseas markets and recovery continued. - FY2021Continued recovery in domestic and overseas markets despite weak conditionsAnnual report
「In the machine tool industry, although conditions remained weak due to the continuing impact of COVID-19, recovery continued in both domestic and overseas markets.」
While the previous description of a recovery trend across all regions was qualified by the statement that conditions remained weak on a full-year basis, recovery in both domestic and overseas markets was confirmed. - FY2021-Q3Expansion toward a recovery trend across all regionsAnnual report
「In the machine tool industry, although conditions remained weak due to the continuing impact of COVID-19, the industry continued on a recovery trend across all regions, including Asia, Europe and North America, centered on China.」
The scope of recovery expanded from higher orders in Europe and North America in addition to China in the previous quarter to a recovery trend across all regions, including Asia, Europe and North America, centered on China. - FY2021-Q2Expansion of regions showing recovery, led by overseas demandAnnual report
「In the machine tool industry, although conditions remained weak due to the impact of COVID-19, signs of recovery emerged, led by overseas demand, as orders increased in Europe and North America as well as China.」
While the industry overall remained weak, the report states that the recovery expanded from its previous focus on China to higher orders in Europe and North America, indicating a recovery trend led by overseas demand. - FY2021-Q1Low-level recovery centered on ChinaAnnual report
「In the machine tool industry, although capital investment was on a declining trend against the backdrop of deteriorating corporate earnings due to the impact of COVID-19, conditions continued to show a gradual recovery in orders from low levels, centered on China.」
Although capital investment was on a declining trend, conditions changed from the sharp decline in orders through the previous fiscal year to a continued gradual recovery from low levels, centered on China. - FY2020WorsenedAnnual report
「In the machine tool industry, capital investment in both domestic and overseas markets became more cautious due to US-China trade frictions. Although some signs of recovery were seen, conditions remained weak due to the impact of COVID-19, including manufacturers refraining from sales activities and disruptions to logistics.」
In addition to weak capital investment caused by US-China trade frictions, the impact of COVID-19, including manufacturers refraining from sales activities and disruptions to logistics, kept industry conditions weak. Order intake was 72.2% of the previous fiscal year, and order backlog was 61.2%. - FY2020-Q3WorsenedAnnual report
「In the machine tool industry, as the economic adjustment phase continued due to structural problems in the Chinese economy, US-China trade frictions and other factors, orders declined sharply as manufacturers refrained from sales activities due to the global spread of COVID-19.」
The report states that orders declined sharply due to the spread of COVID-19 and manufacturers refraining from sales activities, in addition to the adjustment phase caused by structural problems in the Chinese economy and US-China trade frictions. - FY2020-Q2WorsenedAnnual report
「In the machine tool industry, in addition to the previously weak investment environment, the impact of the pandemic put orders on a declining trend, with months in which order intake declined both month on month and year on year.」
The report states that the impact of the pandemic was added to the previously weak investment environment, putting orders on a declining trend. - FY2020-Q1WorsenedAnnual report
「In the machine tool industry, capital investment in both domestic and overseas markets remained weak due to factors including US-China trade frictions. There were months in which order intake declined both month on month and year on year, and conditions remained lacking in strength.」
Against the backdrop of factors including US-China trade frictions, capital investment in both domestic and overseas markets remained weak, with order intake declining in some months both month on month and year on year, and the lack of strength seen in the previous quarter continuing. - FY2019-Q3WorsenedAnnual report
「Following the lack of progress in US-China talks, capital investment stances became more cautious in both domestic and overseas markets. There were months in which order intake declined both month on month and year on year, and conditions remained lacking in strength.」
Amid uncertainty over orders caused by factors including the slowdown in the Chinese economy, capital investment stances in both domestic and overseas markets became more cautious against the backdrop of the lack of progress in US-China talks, deteriorating to conditions in which order intake declined in some months both month on month and year on year. - FY2019-Q2WorsenedAnnual report
「In the machine tool industry, amid uncertainty caused by factors including the slowdown in the Chinese economy, there were months in which order intake declined both month on month and year on year.」
The description changed from the strong order conditions through the previous fiscal year to one stating that, against the backdrop of factors including the slowdown in the Chinese economy, there were months in which order intake declined month on month and year on year. - FY2019-Q1Continued strong order conditionsAnnual report
「In the machine tool industry, order conditions were strong, with the outlook for 2018 machine tool orders revised upward in October.」
The report indicated favorable order conditions continued from the previous fiscal year and specifically stated that the outlook for 2018 machine tool orders was revised upward in October. - FY2018AdvancedAnnual report
「In the machine tool industry, favorable order conditions continued in both domestic and overseas markets.」
Favorable order conditions continued, with order intake of ¥7,635 million, or 135.8% of the previous fiscal year, and order backlog of ¥5,285 million, or 135.0%. - FY2018-Q3Continued solid orders and concerns over production constraintsAnnual report
「In the machine tool industry, order intake remained solid in both domestic and overseas markets, while concerns arose over production delays caused by longer component lead times and labor shortages.」
The wording changed from cautious order conditions to solid order conditions in both domestic and overseas markets. In addition to longer component lead times, the report newly specifies concerns over production delays caused by labor shortages. - FY2018-Q2Shift from favorable to cautious orders and concerns over longer component lead timesAnnual report
「In the machine tool industry, order intake remained cautious in both domestic and overseas markets, while concerns arose over production delays caused by longer component lead times.」
The wording changed from the previous description of “favorable order conditions in both domestic and overseas markets” to cautious order conditions in both domestic and overseas markets, with concerns also expressed about production delays caused by longer component lead times. - FY2018-Q1RestatedAnnual report
「In the machine tool industry, favorable order conditions continued in both domestic and overseas markets.」
The report reconfirms the content of the previous full-year report, which stated that favorable order conditions continued in both domestic and overseas markets. - FY2017Shift to favorable order conditionsAnnual report
「In the machine tool industry, favorable order conditions continued in both domestic and overseas markets.」
The wording has changed from the previous description of a “gradual recovery trend” to one stating that favorable order conditions continued in both domestic and overseas markets. Order intake was ¥5,621 million, up 122.2% year on year, and order backlog was ¥3,914 million, up 123.7%. - FY2017-Q2Shift to a moderate recovery trendAnnual report
「In the machine tool industry, order intake remained cautious in both domestic and overseas markets, but the industry continued on a gradual recovery trend.」
Although order intake remained cautious in both domestic and overseas markets, industry conditions have shifted from sluggish overseas demand and a cautious stance toward capital investment at the time of the previous report to a gradual recovery trend. - FY2017-Q1WorsenedAnnual report
「In the machine tool industry, domestic demand remained almost flat due to the effects of business negotiations at trade fairs held in Japan, while overseas demand was below the previous year in almost all areas except for certain special-demand factors, indicating a cautious stance toward capital investment.」
Domestic demand remained almost flat, while overseas demand was below the previous year in almost all areas except for certain special-demand factors, and customers became more cautious about capital investment. - FY2016WorsenedAnnual report
「In the machine tool industry, domestic demand remained flat, while overseas demand weakened, particularly in exports to Europe and China.」
The description has become more specific, shifting from a plateau in both domestic and overseas orders to flat domestic demand and weakening overseas demand, mainly in Europe and China. - FY2016-Q3First statedAnnual report
「The machine tool industry also remained at a plateau, with orders from both domestic and overseas customers slightly below the year-earlier period.」
The industry is described as having domestic and overseas orders slightly below the year-earlier period.