• Kyodo


The nation’s core machinery orders, a leading indicator for corporate capital spending, dropped a seasonally adjusted 8.2 percent in September from August to ¥738.6 billion, reflecting worries about the outlook for overseas economies and the strength of the yen, factors that could further slow Japanese exports.

The private-sector orders, which exclude those for ships and from utilities because of their volatility, declined for the first time in two months, the Cabinet Office said. Orders from manufacturers fell 17.5 percent to ¥306.1 billion while those from nonmanufacturers rose 8.5 percent to ¥446.6 billion.

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