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.
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NI FP-TB-1 183893D-01
NI GPIB-140A 186135F-31
NI GPIB-140A 186135G-01
NI GPIB-140A 186135H-01L
NI GPIB-140A/2
NI NI-9505
NI PCI-5421
NI PCI-6224
NI PXI-1031
NI PXI-4071
NI PXI-4351 185450D-01
NI PXI-4461 186900T-11L
NI PXI-4462 188261H-11L
NI PXI-6527 185633D-01
NI PXI-6608 185745H-02
NI PXI-7340
NI PXI-8186
NI PXI-8423
NI PXI-8461
NI PXIE-8840QC
NI SBRIO-9607 783816-01
NI SCXI-1000
NI SCXI-1001
NI SCXI-1100
NI SCXI-1102B
NI SCXI-1104C
NI SCXI-1121
NI SCXI-1124
NI SCXI-1125
NI SCXI-1126
NI SCXI-1127
NI SCXI-1140
NI SCXI-1141
NI SCXI-1160
NI SCXI-1300
NI SCXI-1304
NI SCXI-1324
NI SCXI-1325
NI SCXI-1327
NI SCXI-1346
NI SCXI-1349
NI SCXI-1520
NI SCXI-1600
NI SH68-68-EP
140CPU53414BC SCHNEIDER
140CPU65150 SCHNEIDER
140CPU42402 SCHNEIDER
140CPU43412TSX SCHNEIDER
140CPU53414U SCHNEIDER
140CPU67861 SCHNEIDER
140CPU43412U SCHNEIDER
140CPU31110SV SCHNEIDER
140CPU31110 SCHNEIDER
140CPU53414A SCHNEIDER
140CPU53414B SCHNEIDER
140CPU67160S SCHNEIDER
140CPU53414 SCHNEIDER
140CPU21304 SCHNEIDER
140ACI04000 SCHNEIDER
140ACO02000 SCHNEIDER
140ACO13000 SCHNEIDER
140AVI03000 SCHNEIDER
140CHS11100 SCHNEIDER
140CPS11100 SCHNEIDER
SCHNEIDER 140CPS11410
140CPS11420 SCHNEIDER
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