4 review of operations with investment in heavy machinery and infrastructure severely curtailed by the current economic difficulties japan other asian economies we focused our sales efforts this term on those sectors where market trends were more positive nonetheless total orders slumped to 71 624 million down 31 2 from previous year also declined falling 12 83 422 primarily because no large paper machine related items delivered during fiscal 1998 most significant received included an automated storage system for a beverage manufacturer crane shipbuilding company cyclotron institute physical chemical research riken logistics handling mail order house typically bookings iron steel manufacturing machines are directly influenced amount new equipment still struggling recover extended recession area has been declining overseas situation was major continuous casting turkey spite however reduced
