In a machine tool in which a spindle head is driven by a spindle head drive motor via a ball screw/nut mechanism, tools of different weights are each installed in the spindle head beforehand, a load torque applied to the spindle head drive motor is obtained, and relational data between the tool weight and the load torque is stored. When each tool is installed in the spindle head, the weight of the tool is estimated from, the load torque detected by a load torque detection unit while the spindle head is stopped, and the relational data between the tool weight and load torque.