TOKYO, Feb. 19 (Xinhua) -- Japan's machinery orders from domestic companies, which indicate future trends in corporate capital investment, saw the first rise in three quarters in Q4, government data showed Wednesday.

Machinery orders, excluding ships and electric power due to volatility, came in at 2.6587 trillion yen (about 17.5 billion U.S. dollars) in the fourth quarter, marking a 2.9-percent increase from the previous month, according to data from the Cabinet Office.

By sector, orders from the manufacturing sector grew 11.9 percent due to strong capital investment, with increased demand for general and production machinery as well as petroleum and coal products.

Non-manufacturing sector orders fell 0.5 percent, mainly due to a decline in orders from the telecommunications industry.

Despite the overall increase, the Cabinet Office maintained its previous assessment that recovery momentum has stalled. Looking ahead, machinery orders for Q1 2025 are projected to decline by 2.3 percent compared to the previous quarter. Enditem

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