According to a report from the Semiconductor Equipment Association of Japan (SEAJ) released on November 24, Japanese manufacturing equipment sales, including exports, decreased by 3.7% month-on-month in October, amounting to 287.54 billion yen, compared to 298.738 billion yen in September 2023. This represents a 17.1% decrease compared to the same period the previous year (347.054 billion yen in October 2022).
The decline marks the fifth consecutive month of year-on-year shrinkage in Japanese semiconductor equipment sales, with monthly sales remaining below 3,000 yen for the fifth consecutive month. While the decline is less significant than the previous month (which saw a 21.6% decline in September 2023), it represents a fourth consecutive month of double-digit percentage declines.
From January to October 2023, Japan's chip equipment sales totaled 2,988.641 billion yen, signifying a 6.9% decrease from the same period in the previous year (3,209.608 billion yen from January to October 2022).
