AI Data Insight
In February 2026, Japan's private-sector demand orders fell to 1173.451 billion yen, down approximately 5.29% from the previous value of 1239.046 billion yen. Although the total amount declined due to the drag from specific items, core machinery orders excluding volatile items surged by 13.6% against the trend, beating consensus. Benefiting from automation upgrades and the support of a weak yen, the real expansion momentum in the manufacturing sector remains strong.