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Japan Machinery Orders

Last Release
Apr 30, 2025
Actual
-9.1
Units In
%
Previous
13
Frequency
Monthly
Next Release
Jul 13, 2025
Time to Release
24 Days 23 Hours
Highest
Lowest
Average
Date Range
Source
25.5
Oct 1996
-16.8
Sep 2018
0.28 %1987-2025N/A
In Japan, Machinery Orders refers to the month-over-month change of the private sector machinery orders, excluding volatile ones for ships and those from electric power companies.

Latest Updates

Japan’s core machinery orders—excluding volatile items such as ships and electric power—fell 9.1% month-over-month to ¥919 billion in April 2025, marking a sharp reversal from March’s 13% surge. This was the weakest reading since April 2020, during the height of the Covid pandemic. The non-manufacturing sector led the decline, with orders plunging 11.8% to ¥470.8 billion. Manufacturing orders also slipped, down 0.6% to ¥456.6 billion. The steepest drops came from other transport equipment (-38.3%), goods leasing (-31.2%), other non-manufacturing (-29.5%), finance and insurance (-23.9%), and automobiles, parts & accessories (-20.3%). On an annual basis, private-sector machinery orders rose 6.6% in April, easing from March’s 8.4% gain but exceeding market expectations of 4%. Core machinery orders are considered a volatile but key leading indicator of capital spending over the next six to nine months.

Japan Machinery Orders History

Last 12 readings

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