During the CIMT2011, the Japan Machine Tool Industry Association held a press conference on the macroeconomics, machine tool industry trends and the Great East Japan Earthquake. Nakamura Kenichi, president of the Japan Machine Tool Industry Association, pointed out that "the order value of the Japanese machine tool industry exceeded 1 trillion yen for five consecutive years from 2004 to 2008, but due to the financial crisis, the order amount in 2009 was only 411.8 million yen. In the past 30 years, in 2010, in the context of strong demand from Asian countries such as China, the total amount of orders reached 978.6 million yen, up more than 130% year-on-year, of which export demand rose by 166% to 671.1 million days. Yuan, returned to the fourth level of history.†Nakamura Kenichi expects that the order amount in 2011 will reach 1,100 billion yen, up more than 12.4% year-on-year. According to data released by the Japan Machine Tool Industry Association, in February 2011, Japan received orders from Asian countries at 45.66 billion yen, a record high for two consecutive months. Orders from China's motor, automobile and general machinery industries were active, and China's orders accounted for 40% of Japan's total exports. At the same time, the North American market has seen a clear recovery trend. Regarding the impact of the Japanese earthquake and tsunami incident on the airport industry, Nakamura said that most machine tool manufacturers are located in the central and western parts of Japan, and the direct damage to the machine tool industry is not serious, and the impact on overall production is relatively light. However, due to tight power supply, Japan will adopt power-limiting measures, while domestic gasoline and other fuel supply is insufficient, which may bring inevitable indirect losses to the machine tool industry.
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