日本机床行业订单4月详情

Sho Fukuhara * | Equity Analyst813 5251 6156 | sfukuhara@jefferies.comShintaro Yoshida * | Equity Associate+81 3 6830 3644 | syoshida1@jefferies.com Table 2 - Japanese Machine Tool Industry Orders by Region.YoYMoMMM(%)(%)12.7234560.975.5894.38.31011120.94.71234562.1780.4910113.4129.7122.93454.23.069.77.578.489109.4113.01214.723.51.8347.7Source: Japan Machine Tool Builder's AssociationChart 5 - Domestic Machine Tool Orders by End-market.010203040201420152016General Machinery(¥bn)Source: Japan Machine Tool Builders' AssociationChart 6 - Machine Tool Export Orders by End-market.010203040201420152016General MachinerySource: Japan Machine Tool Builders' AssociationPlease see important disclosure information on pages 4 - 8 of this report.This report is intended for Jefferies clients only. Unauthorized distribution is prohibited. Table 3 - Japan Machine Tool Industry Order by Region.TotalYoYGeneralYYYYMM(%)Machinery2022129,411108.8225,39241.6332,83053.7430,92455.6533,03049.9627,22011.3725,8708.2825,4554.4930,14411.61030,012-1.31124,335-17.01229,8547.92023125,466-13.4223,284-8.3327,954-14.9426,647-13.8525,341-23.3626,236-3.6724,576-5.0824,793-2.6934,16913.41027,551-8.21126,6999.71227,870-6.62024124,325-4.5225,64510.1328,2201.0422,700-14.8527,6329.0623,602-10.0726,9439.6822,980-7.3924,777-27.51021,203-23.01126,238-1.71231,97714.72025124,158-0.7225,7420.4327,277-3.3432,02541.1TotalYoYGeneralYYYYMM(%)Machinery2022147,53133.5242,277-3.5351,8712.8447,941-7.1548,335-4.2651,60519.8742,4030.6843,72621.7947,50025.31044,6498.41141,704-4.61247,13214.12023137,085-22.0239,826-5.8341,692-19.6441,116-14.2536,009-25.5633,307-35.5729,132-31.3833,946-22.4932,380-31.81030,548-31.61133,686-19.21238,867-17.52024136,815-0.7236,425-8.5338,554-7.5441,9552.0542,61518.3646,99741.1743,77450.3843,63428.5942,80632.21049,88463.31142,44526.01251,31232.02025144,79921.7241,10812.9355,50844.0448,23815.0Source: Japan Machine Tool Builders' AssociationPlease see important disclosure information on pages 4 - 8 of this report.This report is intended for Jefferies clients only. Unauthorized distribution is prohibited. Analyst Certification:I, Sho Fukuhara, certify that all of the views expressed in this research report accurately reflect my personal views about the subject security(ies) andsubject company(ies). I also certify that no part of my compensation was, is, or will be, directly or indirectly, related to the specific recommendations orviews expressed in this research report.I, Shintaro Yoshida, certify that all of the views expressed in this research report accurately reflect my personal views about the subject security(ies) andsubject company(ies). I also certify that no part of my compensation was, is, or will be, directly or indirectly, related to the specific recommendations orviews expressed in this research report.Registration of non-US analysts:Sho Fukuhara is employed by Jefferies (Japan) Limited, a non-US affiliate of Jefferies LLC and is not registered/qualifiedas a research analyst with FINRA. This analyst(s) may not be an associated person of Jefferies LLC, a FINRA member firm, and therefore may not be subjectto the FINRA Rule 2241 and restrictions on communications with a subject company, public appearances and trading securities held by a research analyst.Registration of non-US analysts:Shintaro Yoshida is employed by Jefferies (Japan) Limited, a non-US affiliate of Jefferies LLC and is not registered/qualified as a research analyst with FINRA. This analyst(s) may not be an associated person of Jefferies LLC, a FINRA member firm, and therefore maynot be subject to the FINRA Rule 2241 and restrictions on communications with a subject company, public appearances and trading securities held bya research analyst.As is the case with all Jefferies employees, the analyst(s) responsible for the coverage of the financial instruments discussed in this report receivescompensation based in part on the overall performance of the firm, including investment banking income. We seek to update our research as appropriate,but various regulations may prevent us from doing so. Aside from certain industry reports published on a periodic basis, the large majority of reports arepublished at irregular intervals as appropriate in the analyst's judgement.Investment Recommendation Record(Article 3(1)e and Article 7 of MAR)Recommendation PublishedRecommendation DistributedExplanation of Jefferies RatingsBuy - Describes securities that we expect to provide a total return (price appreciation plus yield) of 15% or more within a 12-month period.Hold - Describes securities that we expect to provide a total return (price appreciation plus yield) of plus 15% or minus 10% within a 12-month period.Underperform - Describes securities that we expect to provide a total return (price appreciation plus yield) of minus 10% or less within a 12-month period.The expected total return (price appreciation plus yield) for Buy rated securities with an average security price cons