Japan’s core machinery orders surged 19.1% month-on-month to ¥1,052.5 billion in December 2025, rebounding from an 11% drop in November and sharply beating market expectations for a 4.5% increase. The reading marked the strongest growth in more than a decade, driven by one-off large bookings from refineries and nuclear fuel producers. The rebound was led by a 25.1% jump in manufacturing orders to ¥498.3 billion, while non-manufacturing orders advanced 8.2% to ¥533.1 billion. By industry, the largest increases were recorded in petroleum & coal products (499.9%), non-ferrous metals (207.1%), other non-manufacturing (83.5%), real estate (67.3%), and business-oriented machinery (67.1%). On a year-on-year basis, private-sector orders climbed 16.8% in December, reversing a 6.4% contraction in November and surpassing forecasts for a 3.9% rise. Core machinery orders are widely regarded as a volatile yet important leading indicator of capital expenditure over the next six to nine months. source: Cabinet Office, Japan

Machinery Orders in Japan increased 19.10 percent in December of 2025 over the previous month. Machinery Orders in Japan averaged 0.29 percent from 1987 until 2025, reaching an all time high of 25.50 percent in October of 1996 and a record low of -16.40 percent in September of 2018. This page provides the latest reported value for - Japan Machinery Orders - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Machinery Orders MoM - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-18 11:50 PM
Machinery Orders MoM
Nov -11% 7% -5.1% -4.0%
2026-02-18 11:50 PM
Machinery Orders MoM
Dec 19.1% -11% 4.5% 8.5%
2026-03-18 11:50 PM
Machinery Orders MoM
Jan 19.1%


Related Last Previous Unit Reference
BSI Large Manufacturing 4.70 3.80 percent Dec 2025
Changes in Inventories -242.40 819.20 JPY Billion Dec 2025
Coincident Index 114.50 114.90 points Dec 2025
Eco Watchers Survey Current 47.60 47.70 points Jan 2026
Eco Watchers Survey Outlook 50.10 49.50 points Jan 2026
Leading Economic Index 110.20 109.90 Points Dec 2025
Machine Tool Orders YoY 145587.00 158240.00 JPY Million Jan 2026
Machinery Orders MoM 19.10 -11.00 percent Dec 2025
Machinery Orders YoY 12.50 11.60 percent Oct 2025
New Orders 1019.14 1145.61 JPY Billion Nov 2025


Japan Machinery Orders MoM
In Japan, Machinery Orders measure the month-over-month change in private sector machinery orders, excluding highly volatile categories such as shipbuilding and orders from electric power companies. This indicator is considered a key gauge of capital spending and business investment intentions in the coming months.
Actual Previous Highest Lowest Dates Unit Frequency
19.10 -11.00 25.50 -16.40 1987 - 2025 percent Monthly
SA

News Stream
Japan Machinery Orders Top Expectations
Japan’s core machinery orders surged 19.1% month-on-month to ¥1,052.5 billion in December 2025, rebounding from an 11% drop in November and sharply beating market expectations for a 4.5% increase. The reading marked the strongest growth in more than a decade, driven by one-off large bookings from refineries and nuclear fuel producers. The rebound was led by a 25.1% jump in manufacturing orders to ¥498.3 billion, while non-manufacturing orders advanced 8.2% to ¥533.1 billion. By industry, the largest increases were recorded in petroleum & coal products (499.9%), non-ferrous metals (207.1%), other non-manufacturing (83.5%), real estate (67.3%), and business-oriented machinery (67.1%). On a year-on-year basis, private-sector orders climbed 16.8% in December, reversing a 6.4% contraction in November and surpassing forecasts for a 3.9% rise. Core machinery orders are widely regarded as a volatile yet important leading indicator of capital expenditure over the next six to nine months.
2026-02-19
Japan Machinery Orders Sink to Near 6-Year Low
Japan’s core machinery orders fell 11% month-on-month to ¥883.9 billion in November 2025, reversing a 7% gain in October and marking the steepest drop since April 2020. The decline was far worse than market expectations for a 5.1% fall. Manufacturing orders slid 10.8% to ¥398.2 billion, while non-manufacturing orders dropped 10.7% to ¥492.9 billion. By industry, the sharpest contractions were seen in non-ferrous metals (-66.6%), iron and steel (-37.9%), textile mill products (-33.4%), finance and insurance (-32.6%), and mining, quarrying of stone and gravel (-32.1%). On a year-on-year basis, private-sector orders fell 6.4%, reversing from a 12.5% increase in October and missing forecasts for a 4.9% gain. Core machinery orders are widely viewed as a volatile but key leading indicator of capital expenditure over the next six to nine months.
2026-01-19
Japan Machinery Orders Unexpectedly Rise in October
Japan’s core machinery orders, which exclude volatile sectors such as ships and electric power, jumped 7% month-over-month to ¥992.9 billion in October 2025, accelerating from a 4.2% gain in September and defying market expectations for a 2.3% decline. The October reading was also the highest since March. The gain was driven by a sharp rebound in the non-manufacturing sector, where orders surged 28.8% to ¥551.7 billion. In contrast, manufacturing orders fell 13.3% to ¥446.5 billion. By industry, the strongest increases were recorded in information services (103.4%), goods leasing (984.7%), transportation and postal activities (47.9%), telecommunications (44.8%), and textile mill products (35.9%). On a year-on-year basis, private-sector orders increased 12.5% in October, up from an 11.6% gain in September and well above forecasts of 3.6%. Core machinery orders are widely viewed as a key, albeit volatile, leading indicator of capital expenditure over the next six to nine months.
2025-12-17