Japan's Machine Tool Orders Rise in March 2025, Thai Orders Up 6.7%

Japan's Machine Tool Orders Rise in March 2025, Thai Orders Up 6.7%

Latest Update May 7, 2025
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The Japan Machine Tool Builders’ Association (JMTBA) reported that global orders for Japanese machine tools in March 2025 totaled 151.101 billion yen (approx. USD 1.05551 billion), marking a 27.8% increase from February 2025. This is the second consecutive month of month-on-month growth. Compared to the same month last year, orders rose by 11.4%, continuing a year-on-year increase for the sixth consecutive month.

This is the first time in 30 months that monthly orders have exceeded ¥150 billion. The surge was driven by special demand and a rise in end-of-period orders, particularly from Japan, China, and India. However, there are lingering concerns about the broader impact of U.S. tariff measures, and future trends must be closely monitored.

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Domestic orders in Japan - March 2025

Domestic orders in Japan rose 45.9% from February to 49.264 billion yen (approx. USD 344.13 million), also marking the second month of consecutive growth. Year-on-year, domestic orders were up 11.4%, continuing the fifth consecutive month of annual growth.

By industry sector, compared to February; 

  • Automotive: +70.7%
  • Industrial machinery: +52.8%
  • Electronics & precision machinery: +64.7%
  • Aerospace, shipbuilding & transport equipment: –25.7%

Overseas orders - March 2025

Foreign orders increased 20.6% from February to 101.837 billion yen (US$711.38 million), the second month of continuous month-on-month growth and a 17.9% increase from the same month last year. This marks the sixth consecutive month of year-on-year growth.

By region:

  • Asia: Orders jumped 35.0% from February to 55.508 billion yen (approx. USD 387.75 million), increased 44.0% year-on-year.
    • China: Up 35.2% from February to 36.087 billion yen (approx. USD 252.08 million)
    • India: Up 82.2% from February to 9.821 ​billion yen (approx. USD 68.60 million)
    • Thailand: Up 6.7% from February to 1.2 billion yen (approx. USD 8.38 million)
  • Europe: Orders rose 7.1% from February to 16.521 billion yen (approx. USD 115.41 million), but fell 4.3% compared to last year.
  • North America:  Orders increased 6.0% from February to 27.277 billion yen (approx. USD 190.54 million), but fell 3.3% year-on-year.
    • United States: Orders increased 7.3% from February to 24.703 billion yen (approx. USD 172.56 million)

 

(1 JPY = 0.00070 USD)

Read more: Japan Machine Tool Orders: February 2025