• Bloomberg


Japan’s shipments of construction machinery will rise at a slower pace than forecast as waning demand from developed countries pares gains in emerging Asian economies and the Middle East, an industry group said Thursday.

Shipments of excavators, tractors, cranes and other machines may rise 2 percent to ¥2.49 trillion in the year to March 31, according to estimates released by the Tokyo-based Japan Construction Equipment Manufacturers Association. That’s below its February forecast of ¥2.60 trillion.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.