September-2009

 

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Statistics from Japan Textile Machinery Association

The 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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