Japan-Watching: Machinery Orders in August, 2026

[from Japan’s Cabinet Office (内閣府) Economic and Social Research]

Results

  1. The total value of machinery orders received by 280 manufacturers operating in Japan decreased by 3.7% in August from the previous month on a seasonally adjusted basis.
  2. Private-sector machinery orders, excluding volatile ones for ships and those from electric power companies, increased a seasonally adjusted by 5.2% in August.

Percentage change from previous quarter (month)

(%)

2025
Jul-Sep
Oct-Dec2026
Jan-Mar
Apr-JunJul-Sep
(forecast)
2026
May
JunJulAug
Total3.510.210.311.3-0.19.50.4-5.5-3.7
private sector-1.36.22.614.6-3.837.4-26.01.5-4.2
(exc. volatile orders)-1.06.66.40.24.9-12.49.7-3.75.2
manufacturing5.3-0.810.0-1.34.0-14.919.9-1.01.6
non-manufacturing (exc. volatile orders)-4.411.36.2-2.35.9-9.34.5-2.62.9
governments-14.757.7-21.3-17.828.5-5.010.5-9.2-6.1
from overseas14.53.631.010.41.3-4.419.9-8.2-7.7
through agencies0.32.64.86.711.1-5.87.21.3-6.3

Note

  1. Seasonally adjusted series. As all series are seasonally adjusted individually, a sum of seasonally adjusted individual/component series does not equal to seasonally adjusted totals.
  2. Volatile orders: Orders for ships and those from electric power companies.

References

Chart 1: Total Value of Machinery Orders

Chart 2: Private Sector (excluding volatile orders)

Table 1: Machinery Orders by Sectors

(billion Yen %)

2025
Jul-Sep
Oct-Dec2026
Jan-Mar
Apr-JunJul-Sep
(forecast)
2026
May
JunJulAug
Total9,543.6
(3.5)
[6.1]
10,514.8
(10.2)
[13.5]
11,593.0
(10.3)
[23.5]
12,900.0
(11.3)
[39.4]
12,881.0
(-0.1)
[36.7]
4,422.2
(9.5)
[40.4]
4,439.0
(0.4)
[43.7]
4,195.7
(-5.5)
[36.8]
4,041.9
(-3.7)
[26.1]
private sector3,370.6
(-1.3)
[12.9]
3,580.8
(6.2)
[11.2]
3,674.3
(2.6)
[11.6]
4,210.8
(14.6)
[22.4]
4,051.2
(-3.8)
[21.0]
1,706.2
(37.4)
[40.8]
1,262.6
(-26.0)
[12.7]
1,281.3
(1.5)
[10.3]
1,226.9
(-4.2)
[13.8]
(exc. volatile orders)2,741.4
(-1.0)
[6.6]
2,921.6
(6.6)
[8.1]
3,109.2
(6.4)
[12.6]
3,116.2
(0.2)
[10.8]
3,268.6
(4.9)
[19.9]
962.0
(-12.4)
[-1.9]
1,055.8
(9.7)
[16.9]
1,016.9
(-3.7)
[11.2]
1,069.8
(5.2)
[18.6]
manufacturing1,369.3
(5.3)
[14.0]
1,357.8
(-0.8)
[3.9]
1,493.7
(10.0)
[14.8]
1,474.8
(-1.3)
[12.5]
1,534.0
(4.0)
[12.6]
437.2
(-14.9)
[-4.7]
524.1
(19.9)
[27.4]
518.6
(-1.0)
[20.5]
527.0
(1.6)
[23.5]
non-manufacturing (exc. volatile orders)1,409.5
(-4.4)
[1.5]
1,568.1
(11.3)
[12.0]
1,666.0
(62)
[12.5]
1,627.2
(-2.3)
[9.6]
1,723.8
(5.9)
[25.6]
516.9
(-9.3)
[0.9]
540.2
(4.5)
[8.5]
525.9
(-2.6)
[5.7]
541.3
(2.9)
[10.8]
governments1,159.4
(-14.7)
[-22.7]
1,828.8
(57.7)
[-4.4]
1,439.2
(-21.3)
[-18.6]
1,183.4
(-17.8)
[-13.2]
1,521.2
(28.5)
[33.4]
374.7
(-5.0)
[-24.9]
414.2
(10.5)
[-7.3]
376.2
(-9.2)
[-25.8]
353.3
(-6.1)
[8.1]
from overseas4,624.3
(14.5)
[10.3]
4,789.4
(3.6)
[22.3]
6,275.3
(31.0)
[57.2]
6.928.8
(10.4)
[71.1]
7.016.5
(1.3)
[55.6]
2,135.5
(-4.4)
[62.2]
2,559.6
(19.9)
[83.8]
2,350.2
(-8.2)
[81.5]
2,168.7
(-7.7)
[36.9]
through agencies410.6
(0.3)
[9.1]
421.3
(2.6)
[13.1]
441.3
(4.8)
[18.7]
470.7
(6.7)
[13.7]
522.7
(11.1)
[24.7]
150.2
(-5.8)
[0.4]
161.0
(7.2)
[16.1]
163.1
(1.3)
[12.1]
152.8
(-6.3)
[17.4]

Notes

  1. Seasonally adjusted series. As all series are seasonally adjusted individually, a sum of seasonally adjusted individual/component series does not equal to seasonally adjusted totals.
  2. Figures in () represent the percentage change from the previous quarter (month). Figures in [] are the percentage change from the corresponding quarter (month) of the previous year in original series.
  3. Volatile orders: Orders for ships and those from electric power companies.

Table 2:

2025
Jul-Sep
Oct-Dec2026
Jan-Mar
Apr-Jun2026
May
JunJulAug
Manufacturing5.3-0.810.0-1.3-14.919.9-1.01.6
1. Foods and beverages-72-0.911.0-2.1-13.227.3-11.60.1
2. Textile mill products12.3-3.1-12.526.13.8-14.3-7.0-18.6
3. Pulp, paper and paper products5.09.4-7.9-2.514.35.465.2-33.2
4. Chemical and chemical products9.5-37.542.7-21.719.239.0-12.0-11.5
5. Petroleum and coal products-36.366.7-53.4-2.57.132.94.819.6
6. Ceramic, stone and clay products31.2-7.19.515.7-13.33.26.1-23.0
7. Iron and steel22.6-11.521.5-21.5-5.3-10.85.8-36.3
8. Non-ferrous metals-5.2-0.226.1-16.019.5225.3-82.2132.6
9. Fabricated metal products-6.9-5.716.448.313.8-46.113.2-10.7
10. General-purpose and production machinery7.1-4.111.0-0.8-10.318.9-1.49.3
11. Business-oriented machinery-11.52.48.219.9-14.33.2-7.2-5.7
12. Electrical machinery-6.310.3-3.020.2-12.02.246.1-5.9
13. Information and communication electronics22.3-8.611.915.1-23.629.74.713.0
14. Automobiles, parts and accessories3.8-0.813.6-0.57.46.91.513.1
15. Ship building18.8-25.765.73.9-80.594.988.9-41.0
16. Other transport equipment-4.55.936.4-11.467.14.7-41.443.7
17. Other manufacturing-1.59.9-4.2-4.6-10.2-0.6-1.36.1
Non-manufacturing-2.410.3-1.524.168.0-40.40.8-5.7
18. Agriculture, forestry and fishing10.412.20.5-23.2-24.233.011.0-4.0
19. Mining, quarrying of stone and gravel-8.4-6.93.0-24.120.723.76.725.0
20. Construction-3.18.34.09.31.6-8.55.8-17.2
21. Electricity supply1.0-1.50.291.7342.9-75.134.2-34.9
22. Transportation and postal activities7.00.1-15.85.5-23.38.93.3-13.9
23. Telecommunications-16.818.8-0.814.6-7.522.3-23.216.9
24. Wholesale and retail trade4.8-2.44.13.4-3.1-3.1-3.929.2
25. Finance and insurance-6.39.38.5-2.7-10.617.9-6.80.2
26. Real estate-20.94.714.139.7-69.3253.1-26.40.7
27. Information services-6.47.725.1-11.8-8.916.0-16.97.9
28. Goods leasing14.3-12.810.1-16.6-18.6-0.9-6.8136.0
29. Other non-manufacturing-2.541.5-2.8-5.234.9-26.620.1-28.0

Note

Percentage change from previous quarter (month) in seasonally adjusted series.