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.
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DSSR122 4899001-NK ABB Power Supply Unit
DRIVER AZD-KD AZ Series EtherCAT Compatible Driver
CP-9200SHSVA YOKOGAWA Output relay
CI871K01 3BSE056767R1 ABB Profinet IO Interface
CB06551 KOLLMORGEN S600 servo drive
C7012E1104 HONEYWELL Flame Sensor
BC810K01 ABB CEX-Bus Interconnection Unit
AO2000-LS25 ABB Integrated analyzer system
ACC-24E2A Delta Tau UMAC Turbo 4-Axis Analog Interface Module
3171197-4 MAN B&W HMI Panel Module Marine Engine Controller Indicator
330709-000-050-10-02-00 Bently Nevada 3300 XL 11 mm Proximity Probes
330106-05-30-05-02-00 Bently Nevada 3300 XL 8 mm Reverse Mount Probes
5136-PFB-PCI SST Profibus Communications Adapter Module
3430-2 SAMSON Air operated regulator
3096-1000 APPLIED MATERIALS radiometer
2301E 8273-1011 Woodward Speed controller
683B-23795 MKS throttle valve
469-P5-LO-A20-E GE LO Control Power with 4-20mA Analog Outputs
27E121 TE Connectivity Relay socket and hardware
0190-24007 AMAT Semiconductor board card
15I-2-FMO Gecma Challenger Remote PC Terminals
8V1090.00-2 B&R ACOPOS servo drive
8LSA46.R0045D000-0 B&R synchronous motor
4PP220.0571-R5 B&R Power Panel PP220 5.7″ QVGA color LC-display with touch screen
ND32-5610 ND32-5610VS-101-011-31 NOVOTRON servo converter
D100644 METSO Rev. 05 EFC Ethernet Coax Field Bus Converter Valmet
A404K BASLER A404K INDUSTRIAL CAMERA
PCD232A 3BHE022293R0101 ABB Communication Interface
GFD233A103 3BHE022294R0103 ABB Interface Module
GFD233A 3BHE022294R0103 ABB Interface Module
CI871K01 3BSE056767R1 ABB Profinet IO Interface
CAI04 ABB CAI04
DO810 3BSE008510R1 ABB 16 digital outputs
DI04 ABB DI module, 16-CH, 48 VDC
PM864AK01 3BSE018161R1 ABB Processor Unit
9907-164 Woodward 505 Digital microprocessor-based Controllers
GPU/2 GS DEIF Generator paralleling controller
RMP201-8 KONGSBERG DIGITAL INPUT MODULE
1785-ME64/A Allen-Bradley Memory Device
8200-1300 Woodward integrated graphical front panel HMI
1756-RM/A Allen-Bradley ControlLogix enhanced redundancy module
1756-L63/B Allen-Bradley 5560 ControlLogix Programmable Automation Controller (PAC)
1756-L61/B Allen-Bradley standard ControlLogix series controller
1756-EN2T/B Allen-Bradley communication module
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