The final will be published in a week - this the preliminary reading

Comments from the report (bolding mine):

  • further loss of momentum across the manufacturing sector
  • headline PMI dropping to a three-month low
  • Softer demand in both domestic and international markets
  • sharpest fall in total new orders for three years
  • soft patch for automotive demand … subdued client confidence in the wake of US-China trade frictions were often cited by survey respondents
  • Disappointing sales volumes also led to the largest accumulation of finished goods inventories for over six and-a-half years
  • backlogs of work were depleted to the greatest extent since January 2013, which will likely act as an additional drag on production volumes in the months ahead

Not a good report at all. People looking for signs of the BOJ backtracking on easy policy continue to be disappointed.