Due to the devaluation of the euro, European machine tool manufacturers take advantage of this opportunity to order more for the international market, the Japan machine tool industry has had a certain impact, growing competition from Japan and Europe. Japan machine tool manufacturers to compete with European companies, new equipment, increasing production workshop, with a view to increasing productivity and enhancing international competitiveness.
It is reported that Japan main machine tool maker tsugami precision machine tool co planned for February to invest 1 billion yen is used to update the underlying production equipment, capacity twice, while Niigata factory area from 6,400 square meters 1 time, improve the efficiency of machine Assembly. OKUMA is planning to invest 7 billion yen, new new new in Aichi plant equipment workshop, further increasing productivity. Mori Seiki seisakusho investing 8 billion yen in Mie Prefecture established machine parts processing and assembly factories, February is running capacity can be expected to increase 20%.
Figures show in 2011, Japan machine tool orders totaled 1.3261 trillion yen, an increase of 35.5%, the proportion of overseas orders up to 68.2% amounting to 904.5 billion yen, an increase of 34.8%. , Order total 56% of its total overseas orders from Asia, China became Japan's largest overseas market, orders amounted to 327.8 billion yen, an increase of 29.6%; India, and Thailand followed suit.