德意志银行:日本机械行业数据库2009年10月-经管之家官网!

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德意志银行:日本机械行业数据库2009年10月

德意志银行:日本机械行业数据库2009年10月

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TableofContentsFocusonglobalgrowthindustriesandregions,Japanesecompetitiveness..............................................................................7Objectiveofthisreport...................... ...
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Table of Contents
Focus on global growth industries and regions, Japanese
competitiveness .............................................................................. 7
Objective of this report .............................................................................................................. 7
Machine tool orders plunge ¥196.9bn, 73% YoY in 1H FY3/10 ................................................. 7
Topic 1: 2Q FY3/10 Earnings Preview ............................................. 8
2Q preview: Yaskawa Electric results, other company revisions ............................................... 8
Relative comeback in China, infrastructure, electronics stocks ............................................... 11
Topic 2: Environmental stocks in lead-up to COP15 .................... 13
Implications of COP15 for greenhouse gas reductions ........................................................... 13
Environmental investment via Green New Deal programs ...................................................... 13
Share price performance .............................................................. 15
Cyclical shares vs. growth shares ............................................................................................ 15
Valuation .................................................................................................................................. 16
Risk factors.............................................................................................................................. 16
Overall machinery sector data ...................................................... 24
BoJ Tankan: Business Condition DI for large enterprises ........................................................ 24
US ISM Index/ US industrial production index/Germany IFO index ......................................... 28
Machinery orders: (seasonally adjusted, Cabinet Office) ......................................................... 30
Machinery orders: Manufacturing industries (seasonally adjusted/Cabinet Office) ................. 32
Machinery orders: Non-manufacturing (seasonally adjusted/ Cabinet Office) ......................... 34
Industrial production: Manufacturing industries, shipments/inventory, by industry (METI) ..... 36
US manufacturers, machinery orders, construction machinery, industrial machinery growth
rates (Dept. of Commerce) ...................................................................................................... 44
Mechatronics data ........................................................................ 48
Production, shipments, inventory data (METI) ......................................................................... 48
Orders for injection molding machines (domestic & export) ................................................... 52
Pneumatic equipment shipment value (Japan Fluid Power Association)................................. 56
Electric control equipment shipment value (Nippon Electric Control Equipment Industries
Association) .............................................................................................................................. 58
Semiconductor production equipment: Domestically-manufactured SPE order value
(Semiconductor Equipment Association of Japan) .................................................................. 60
SPE: Global sales value (Semiconductor Equipment Association of Japan).......................... 62
Shipbuilding/plant data ................................................................ 64
Production, shipments, inventory data (METI) ......................................................................... 64
Vessel price: Oil Tanker/Bulk Carriers (Clarkson Research) ...................................................... 68
Vessel price: LNG, LPG, Container (Clarkson Research) .......................................................... 70
Baltic Exchange Dry Index & World Scale rates ....................................................................... 72
Aerospace orders: Jetliner orders (Japan Aircraft Development Corporation) ........................ 74
Construction machinery data ....................................................... 76
Production, shipments, inventory data (METI) ......................................................................... 76
Construction machinery shipments: Shipment value by product (Japan Construction
Equipment Manufacturers Association) ................................................................................... 80
Order and shipping value of hydraulic equipment (Japan Fluid Power Association) ............. 84
Environmental equipment order data .......................................... 86
Environmental equipment orders by user & equipment type (The Japan Society of Industrial
Machinery Manufacturers) ....................................................................................................... 86
Machine tool data ......................................................................... 92
Machine tool order share: By industry (Japan Machine Tool Builders' Association) ............... 92
Machine tool overseas order share: Orders by region (JMTBA) .............................................. 94
Machine tool orders: Order value at Big 9 ............................................................................... 96
Agricultural machinery data ....................................................... 100
Production, shipments, inventory data (METI) ....................................................................... 100
US Agricultural machinery retail sales (Association of Equipment Manufacturers) ............... 102
Industrial machinery data ........................................................... 104
Production, shipment, inventory data (METI) ......................................................................... 104
Industrial machinery orders: Order value by product category (The Japan Society of Industrial
Machinery Manufacturers ...................................................................................................... 114
Air conditioner shipment volume: Domestic shipments (Japan Refrigeration & Conditioning
Industry Association) .............................................................................................................. 118
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