Japan's industrial machinery orders fell 12.3% year-on-year in August.

< P > < FONT face = Verdana > < FONT face = Verdana > According to the Japan Society of Industrial Machinery Manufacturers, Industrial machinery orders by Japanese companies fell 12.3% year-on-year to 5,410.3 yen in August, according to a survey by JSIM.

< P > < FONT face = Verdana > Industrial machinery orders were up 32.3% year-on-year in July.

< P > < FONT face = Verdana > The industry's findings were based on a survey of 193 member companies, including manufacturers of boilers and turbines, chemical machinery, plastics processing machinery, loading equipment and metalworking machinery.

< P > < FONT face = Verdana > Orders in the domestic market reached 238.85 billion yen in August, down 3.0% year-on-year, while overseas orders fell 18.5% to 302.18 billion yen.

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