Description
hardware flow control. It is an ideal choice in the field of industrial automation.
In terms of orders, the growth rates of orders, ABB, and Anchuan China in 2019q3 were -15%, 1%, and-21%, respectively, and marginal improvement occurred.
3.1 Q3 Fap Noko”s robot business has narrowed sharply
Fanuc”s revenue in Q3 2019 was 126.4 billion yen, down 22.1% year-on-year, slightly narrower than Q2″s -26.4%; Q3 operating profit was 20.4 billion yen, down
53.6% year-on-year, which was slightly larger than Q2″s -47.50% , the operating profit margin was 16.2%, a slight decline. (Note: FANUC’s 2019 fiscal year is
2019/4/1-2020/3/31, where 2019Q3 refers to 2019/7/1-9/30, corresponding to 2019Q2 in its financial report.)
Q3 Fanuc”s industrial automation revenue was 33.3 billion yen, down 43.3% year-on-year; robot business revenue was 51.5 billion yen, down 2.6% year-on-year
, and the rate of decline narrowed significantly (Q2 fell 19.5% year-on-year), with a quarter-on-quarter growth of 9.2% returning to positive levels; CNC machine tool
business revenue was 18.7 billion yen, down 30% year-on-year, and the rate of decline narrowed; service revenue was 22.9 billion yen, down 4.2% year-on-year.
The growth rate returned to normal, with China’s robot business revenue increasing by 12.3% year-on-year.
Compared with Japan and Europe, where the robot business revenue has decelerated and expanded, and the United States, where the decline has narrowed, the
revenue decline of Fanuc”s robot business in China has narrowed, and the year-on-year growth rate of the robot business revenue has returned to positive levels.
Q3 Fanuc”s revenue in China was 18.3 billion yen, a year-on-year decrease of 33.7% (Q2 was -49.3%), of which China”s robot business revenue was 9.1 billion yen,
a year-on-year increase of 12.3%, and the growth rate returned to positive.
Robot orders growth returns to normal
In Q3 2019, Fanuc received 53.6 billion yen in new orders for robots, a year-on-year increase of 2.9%, marking the second consecutive quarter of positive year-on-year
orders. Orders lead revenue by 1-2 quarters, and Q4 robot business revenue growth is expected to return to positive levels.
Thanks to the recovery of robot orders, the order decline in China narrowed to -15.5%
FANUC”s robot business continues to expand as orders in Japan, Europe, and Asia (excluding China) slow down. Among them, its orders in the United States continued
to recover strongly, while the decline in orders in China narrowed significantly.
In Q3, Fanuc received 35.7 billion yen in new orders in the United States, a year-on-year increase of 15.2%, continuing high growth. The decline in orders in China has narrowed
significantly. During the period, new orders received in China were 18.6 billion yen, a year-on-year decrease of 15.5%, a sharp contraction.
3.2. Yaskawa Electric’s Q3 robot business situation
Yaskawa expects its consolidated net profit for fiscal 2019 (ending February 2020) to be 19 billion yen, a year-on-year decrease of 54%. Sales will fall by 12% to 420 billion yen,
and operating profit will fall by 50% to 25 billion yen. China”s order volume, which has attracted much market attention, shows signs of bottoming out. It decreased by 21% from
June to August 2019, and the decline has narrowed for two consecutive quarters. On the one hand, the impact of the Sino-US trade war has led to a reduction in investment by
Chinese companies. On the other hand, the exchange rate has also seen a higher-than-expected appreciation of the yen.
3.3. ABB Q3 robot business situation
ABB”s sales revenue in Q3 2019 was US$6.892 billion, order volume decreased by 1%, and order reserve increased by 3%; net profit after tax from continuing
operations was US$422 million, down 1%; net profit was US$515 million, down 15%. Orders in China were down 5% (down 7% in US dollar terms). The market
situation in the traditional power generation market, traditional automobile and automobile-related industries, as well as 3C and machinery manufacturing fields is relatively severe.
Robotics and discrete automation business order demand is weak
The financial report shows that ABB”s order volume in 2019Q3 fell by 1% year-on-year (down 3% in US dollars). Order volume for industrial automation and
electrical and motion control businesses increased slightly, but order demand for robots and discrete automation businesses was weak. Service business orders
accounted for 19% of total orders, a year-on-year decrease of 2% (a decrease of 5% in U.S. dollars). Large orders accounted for 5% of total orders, a year-on-year
decrease of 1%. ABB order backlog up 3% (down 3% in USD)
Orders from China, Europe and the United States declined, while orders from India and Japan grew well.
Display operation panel DSQC315
Display operation panel DSQC314B
Display operation panel DSQC313 3HAB8413-1
Display operation panel DSQC313
Display operation panel DSQC312
Display operation panel DSQC306
Display operation panel DSQC301
Display operation panel DSQC300
Display operation panel DSQC266H
Display operation panel DSQC266B
Display operation panel DSQC266A
Display operation panel DSQC260
Display operation panel DSQC259
Display operation panel DSQC258
Display operation panel DSQC256A
Display operation panel DSQC256
Display operation panel DSQC255
Display operation panel DSQC254
Display operation panel DSQC252
Display operation panel DSQC249B
Display operation panel DSQC2498
Display operation panel DSQC248
Display operation panel DSQC243
Display operation panel DSQC239 YB560103-CH
Display operation panel DSQC239
Display operation panel DSQC238
Display operation panel DSQC236U
Display operation panel DSQC236P
Display operation panel DSQC236H
Display operation panel DSQC236G
Display operation panel DSQC236D
Display operation panel DSQC236C
Display operation panel DSQC236B
Display operation panel DSQC236A
Display operation panel DSQC2360
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Display operation panel DSQC235A
Display operation panel DSQC233
Display operation panel DSQC230
Display operation panel DSQC228
Display operation panel DSQC224
Display operation panel DSQC223YB 560103-BD/4
Display operation panel DSQC223
Display operation panel DSQC215
Display operation panel DSQC211
Display operation panel DSQC210
Display operation panel DSQC209-9H
Display operation panel DSQC209
Display operation panel DSQC208A
Display operation panel DSQC208
Display operation panel DSQC206
Display operation panel DSQC205
Display operation panel DSQC205
Display operation panel DSQC202
Display operation panel DSQC202
Display operation panel DSQC202
Display operation panel DSQC201
Display operation panel DSQC201
Display operation panel DSQC140
Display operation panel DSQC140
Display operation panel DSQC129
Display operation panel DSQC129
Display operation panel DSQC125
Display operation panel DSQC125
Display operation panel DSQC124
Display operation panel DSQC124
Display operation panel DSQC123B
Display operation panel DSQC110
Display operation panel DSQC104
Display operation panel DSQC1030
Display operation panel DSQC103
Display operation panel DSQC1018 3HAC050363
Display operation panel DSQC1018
Display operation panel DSQC1018
Display operation panel DSQC1015
Display operation panel DSQC1000
Display operation panel DSPX3221
Display operation panel DSPU131 3BSE000355R1
Display operation panel DSPU120
Display operation panel DSPC452 57310303-A
Display operation panel DSPC406
Display operation panel DSPC406
Display operation panel DSPC365
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