According to Japanese media reports, the Japan Tool Industry Association summarized the total amount of cutting tools (cutting heads and main body integrated) in June 2012. Because of the good sales of
Screw processing tools, the total cutting tool production in June was 9.311 billion. Yuan (about 110.875 million US dollars), an increase of 1.7%. Shipments amounted to 8.873 billion yen (US$113.16 million), an increase of 3.2% year-on-year. Excluding the impact of member changes, production increased by 2.9% year-on-year, and shipments increased by 4.5% year-on-year. In terms of material types, the production of special steel tools was 7.373 billion yen (about 0.9403 billion US dollars), and the production of super-hard tools was 1.905 billion yen (about 0.243 billion US dollars). Diamond·Cubic Boron Nitride (CBN) The production of tools is 0.33 billion yen (about 0.0042 billion US dollars). The Bureau pointed out that although some members heard that orders had fallen slightly, production was temporarily stable due to a large number of undelivered orders. On the other hand, the Ministry of Economy, Trade and Industry's mechanical statistics show that the production of special steel tools in June 2012 was 7.633 billion yen (about 0.9735 billion US dollars), an increase of 2.4% over the same period of last year, showing an upward trend for two consecutive months. From the perspective of different varieties, the production of taps and dies was 2.856 billion yen (about US$360.42 million), an increase of 4.6% year-on-year; the production of steel drills was 1.575 billion yen (about US$0.2009 billion), a decrease from the same period of last year. 5.2%. Note: The real-time exchange rate used in this document is US$1 = 78.4110 yen.
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