Statistics from Japan Textile Machinery
AssociationThe Japan Textile Machinery Association
reported that production of textile machinery dropped 68.3% year
on year to 6,818 million yen in June 2009 compared to the
previous month. Production rose by 3.3%, and thus appears to
have finally hit bottom, but the main category of looms was only
slightly over 10% of June 2008 production at 500 million yen,
compared to the previous month, loom production remained at a
low level, falling by 51%.
June production of other major categories were: knitting and
braiding machines, 3,767 million yen (down 52.3% year on year);
preparatory machinery, 1,038 million yen (down 71.1%); and
fibber-making equipment, 985 million yen (down 69.2%). The order
backlog rose by 12.7% from the previous month to 16,563 million
yen, but dropped by 62.2% year on year.
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