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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UNS 4684a-P V1 HIEE305144R0001 Board overvoltage protection
UNS 0017A-P HIEE305106R0001 Firing Unit
UNC 4674B HIEE305089R0001 I/O Interface Card
UA C096AE01 HIEE300794R0001 ANALOG INPUT/OUTPUT MODULE
HIEE300690R0001 AR C093 AE01 Relay Output Card
UF C092 BE01 HIEE300910R0001 Binary Input
UP C090 AE01 HIEE300661R0001 Binary Field Bus Coupler
HIEE205014R0001 UNC 4673A,V1 ABB Analog Measuring Card
UNC 4672A,V1 HIEE205012R0001 Analog Measuring Card
170M6496 HIER465095P0001 Thyristor fuse
HIER465095P0003 170M6501 Thyristor fuse
SPEZ 3BHS126938 3BHE013707R0002 Thyristor
UNC 4674B HIEE305089R0001 I/O Interface Card
UA C096AE01 HIEE300794R0001 ANALOG INPUT/OUTPUT MODULE
HIEE300690R0001 AR C093 AE01 Relay Output Card
UF C092 BE01 HIEE300910R0001 Binary Input
UP C090 AE01 HIEE300661R0001 Binary Field Bus Coupler
HIEE205014R0001 UNC 4673A,V1 ABB Analog Measuring Card
UNC 4672A,V1 HIEE205012R0001 Analog Measuring Card
170M6496 HIER465095P0001 Thyristor fuse
HIER465095P0003 170M6501 Thyristor fuse
SPEZ 3BHS126938 3BHE013707R0002 Thyristor
GDRM 42-133B-2 3BHE018893R0001 Fan 230V, 240W
UNS 3670, V2 HIEE205011R0002 Converter Electronics
MPS 10/5-230/24/48 3BHB006449R0001 ABB Power Pack
ABB KU C321 AE01 HIEE300698R0001 Power Pack
UA C326 AE 1 HIEE401481R0001 Combined I/O
PP C322 BE HIEE300900R0001 Processing Unit
ABB 3BHB028673R0010 PHASE MODULE FRAME 2 R0
ABB 2UBA001210R0130 PHASE MODULE FRAME 3 R0
ABB 2UBA001210R0040 PHASE MODULE 4MVA
DIODE ACS6000 3BHB044241R0001
61358064 DIODE ACS6000 Series
IGCT MODULE 3BHE023784R0001
3BHB020684R0001 IGBT Module
DIODE ACS1000 series 3BHL000398P0001
3BHL000397P0001 DIODE ACS1000 series
5SDD0760D0001 3BHL001862P0001 DIODE 38 MM / 6KV
3BHL000200P0001 5SDF0345D0006 DIODE PRESSP
5SDF 1045H0002 3BHL000986P3002 DIODE
5SHY 4045L0006 3BHB030310R0001 IGCT MODULE
5SHY 4045L0004 3BHB021400R0002 IGCT MODULE
5SHX 2645L0004 3BHL000389P0104
IGCT RC 3BHL000390P0104 5SHX 1960L0004
3BHL000387P0101 5SHX 1445H0002 IGCT MODULE
3BHL000391P0101 5SHX 1445H0001 IGCT MODULE
3BHB020538R0001 5SHX 1060H0003 RC-IGCT ACS5000 series
3BHL000392P0101 5SHX 1060H0001 IGCT MODULE
5SHX 0845F0001 3BHL000385P0101 IGCT MODULE ABB
3BHB018104R0001 5SHX 0660F0002 IGCT ACS5000
3BHB204520R0001 RECOVERY DIODE ACS6000
3BHL000396P0001 ACS1000 DIODE ABB
3BHE024577R0101 CONTROL BOARD AMC34 ABB
3BHB045647R0010 ACS1000 PM Kit for 14x 68mm IGCTs – GV C705 AE01
3BHB045647R0006 GV C714 A101 ACS5000 Series ABB
3BHE024415R0101 GATE DRIVER BOARD ABB
3BHB045668R0006 GV C713 A101 ACS1000 series IGCT
3BHB045647R0005 GV C713 A101 ABB 24x 51mm IGCT
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