November 27, 2023 /SemiMedia/ -- According to a report released by the Semiconductor Equipment Association of Japan (SEAJ) on November 24, Japanese manufacturing equipment sales (including exports) fell 3.7% month-on-month in October (298.738 billion yen in September 2023) to 287.54 billion yen. A decrease of 17.1% compared with the same period last year (347.054 billion yen in October 2022).

This is the fifth consecutive month that Japanese semiconductor equipment sales have shrunk year-on-year, and the fifth consecutive month that monthly sales have fallen below 3,000 yen. Although the decline has been smaller than the previous month (a 21.6% decline in September 2023) , but it has experienced double-digit percentage declines for four consecutive months.

From January to October 2023, Japan's chip equipment sales totaled 2,988.641 billion yen, down 6.9% from the same period last year (from January to October 2022, it was 3,209.608 billion yen).