Description
hardware flow control. It is an ideal choice in the field of industrial automation.
2. Orders for industrial robots from Fanuc, ABB, and Yaskawa Electric picked up in Q2
According to data disclosed in the Sinolink Securities research report, the performance of Fanuc, ABB,
and Yaskawa Electric robots is still declining, but orders have rebounded. In addition to KUKA, the 2019Q2
financial data of Fanuc, ABB, and Yaskawa Electric show that their overall revenue and profits and robot
business revenue and profits are still declining, but there are also some
structural improvements, and robot orders from each company have recovered to varying degrees. Since orders
lead revenue by about a quarter, the revenue decline shows that China”s robot market demand is still
bottoming out, but the inflection point in response to improved orders
is not far away.
1. FANUC Q2 robot business situation
Fanuc”s revenue in 2019Q2 was 134.6 billion yen, a year-on-year decrease of 26.37%, which was slightly
narrower than the -26.81% in 2019Q1; Fanuc”s operating profit
continued to decline for four consecutive quarters from 2018Q2 to 2019Q2, and its operating profit in 2019Q2
was 28.6 billion yen, a year-on-year decrease of 26.37%. It fell by 47.50%, which was narrower than the -51.67%
in 2019Q1. The operating profit
margin was 21.20%, bottoming out and rebounding.
Robot slowdown continues to expand
In 2019Q2, Fanuc”s CNC machine tool business revenue was 22.1 billion yen, down 47.38% year-on-year;
industrial automation revenue was 43.5 billion yen, down 28.57% year-on-year; the robot business revenue was
47.1 billion yen, down 19.49% year-on-year, and the rate of decline is still expanding. The nearly 20%
decline in 2019Q1-Q2 far exceeded the -2.96% in
2018Q4; service revenue was 21.9 billion yen, a year-on-year increase of 2.34%.
Revenue in China and the United States has slowed and narrowed
In 2019Q2, compared with Fanuc”s revenue decline in Japan, Europe and other regions, its
revenue decline in China and the United States has narrowed. During the period, Fanuc”s revenue in
China was 24.1 billion yen, down 49.26% year-on-year (Q1 was -61.18%), and revenue in the United
States was 28 billion yen, down 19.77% year-on-year (Q1 was -21.41%).
Robot orders have returned to positive growth, while machine tool orders have slowed down significantly.
In Q2 2019, Fanuc”s new orders for CNC machine tools were 20.9 billion yen, a year-on-year decrease
of 38.53%, which was significantly narrower than Q1″s -62.36. During the period, its robots received 56.1
billion yen in new orders, a year-on-year increase of 5.85%, ending four quarters of negative growth. Orders lead revenue by a quarter,
and robot revenue is expected to return to positive levels in Q3 2019.
Orders in the United States and Asia improved, while Japan and Europe slowed and expanded.
In Q2 2019, Fanuc received 36.1 billion yen in new orders in the United States, a year-on-year
increase of 27.56%, and the growth rate increased significantly. During the period, its new
orders in Japan were 30.2 billion yen, a year-on-year decrease of 18.82%, and new orders in
Europe were 27.6 billion yen, a year-on-year decrease of 15.60%, and the decline rate has expanded.
PDD205A1121 3BHE025335R1121 Control board module
VTS0234-47/AP025 digital closed loop control module
8AC110.60-2 ACOPOS plug-in module
SYHNC100-NIB-2X/W-24-P-D-E23-A012 Drive module
L0130AD L0130AE-0H Power module
3ASC25H208 DATX100 pulse transformer board
3ASC25H204 DAPU100 Power module
3ASC25H214 DATX130 pulse transformer board
SPS5710-2-LF 51198685-100 C series module Power converter
3ASC25H219B DATX133 pulse transformer board
8811-IO-DC 8811-IO-DC-01 channel security digital input
1C31181G01 Remote I/O host
SPS5710 51199929-100 C Series Power module
PLX32-EIP-SIE Industrial Ethernet Communication Gateway
INTELLIX MO150 transformer monitoring system
8939-HN Multi-mode Fiber expander IOTA with HN module
PPD512A10-150000 3BHE040375R1023 AC800PEC excitation system
LWN2660-6 3BHL000986P7002 AC /DC DIN Rail Power supply
HE700GEN200 VME interface module
LXN1604-6 3BHL000986P7000 AC /DC DIN Guide power supply
IC660ELB912 PC interface module microgenerator sub-board
REF615E_E HBFEAEAGABCCANC11E IEC feeder protection
UNITROL 1020 UNS0119A-Z,V1 3BHE030579R0003 Voltage regulator
F8628X Secure CPU System Communication SIS card
F8652X Secure CPU System communication SIS card
VT-HNC100-1-23/W-08-0-0 R900955334 Digital axis controller
CI570 3BSE001440R1 MasterFieldbus Controller
SPHSS03 hydraulic servo module ABB
BGTR8HE 24491276A1004 ALSTOM Rack module
UAD155A0111 Excitation Controller 3BHE029110R0111
REM615E_1G HBMBCAAJABC1BNN11G special motor protection
MSK060C-0600-NN-S1-UP1-NNNN MSK series high-power motor
IC695CRU320 Redundant CD/EH CPU
CS513 3BSE000435R1 Communication module
A3120/022-000 CSI3120 dual channel shaft vibration monitor
810-073479-215 LAM Interface board module
XO08R2 1SBP260109R1001 Relay output expansion module
PR9268/202-100 dual channel shaft vibration monitor
T8403CX TMR expansion processor module
GFD563A101 Excitation device control Unit 3BHE046836R0101
T8431 Trusted TMR 24Vdc analog input module ICS Triplex
A2H254-16 P0973BK Ethernet edge switch
IC693DNM200-BD Device network main control module
IC693CPU374 Single-slot CPU module GE
SYN5202A Synchronizer Uses this digital synchronizer
UFC760BE143 3BHE004573R0143 Control panel
TRICON 3511 pulse input module Tricon control system
PFEA113-20 Tension electronic equipment 3BSE050092R20
3500/50M tachometer module
TRICON 4000093-310 External terminal input cable assembly
TRICON 4000094-310 External terminal input cable assembly
1786-RPA ControlNet Modular Repeater Adapter
1770-XYC/A PLC 5 lithium battery for PLC-5 processor
MVI56-PDPMV1 Profibus DP V1 compatible module
CM572-DP 1SAP170200R0001 Communication module
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