This has been the trend for the past 8-14 years, so it has come as no surprise. But it is noteworthy, because unlike the rest of the world where oil prices are driving up cost and prices, Japan is still seeing prices fall, and that is not good. The idea is that machinery orders are a good indicator of firms' intentions, but they are just intentions. Companies do not get paid money for what is ordered, and certainly not for what is produced. Orders get cancelled and inventories can build up.
Shipments mean money.
By taking the YoY growth rates from both sectors and adding them up, you should get some idea of how firms are doing at the margin. The numbers are revealing and show that although volumes are up strongly, deflation is eating margins up. This is good. But it is not double. It is just good.