The total value of machinery orders placed at major manufacturers in Japan . Machine Orders is considered the best leading indicator of business capital spending, and increases are indicative of stronger business confidence and a better forward outlook. Higher capital spending is also positive for the Japanese employment situation, as companies will generally require new employees to run new machinery. The headline figure is the seasonally-adjusted month-on-month and annualized percentage change.

Relevance : Rarely affects markets
Release schedule : 5:00 (GMT); monthly, in the middle of the second month following the reporting period.
Revisions schedule : Annual revision in March
Source of report : Economic and Social Research Institute (Japan)
Web Address : http://www.esri.cao.go.jp/index-e.html
Address of release : http://www.esri.cao.go.jp/en/stat/menu.html
AKA : Machinery Orders, Orders Received for Machinery