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.
F8652E HIMA Safety system module
F8650X HIMA processor module
F8650E HIMA Safety system
F8628X HIMA communication module
F8627 HIMA Ethernet communication module
HIMA F8621A analog output module
F7133 HIMA Channel power distribution module
F3330 HIMA Channel output module
F3221 HIMA Digital input module SIS instrumentation system
EHDB520 ABB System module
EHDB280 ABB Contactor
EH370-30-22 ABB contactor
ED1822A-HEDT300867R1 ABB Control panel
E1740A Time Interval Analyzer
E1406A Command module
DSXS-001-57170001-A ABB Power switch
DSTD-W113-57160001-ZL ABB Connection unit
DSTD150A 57160001-UH ABB coupler
DSTD108-57160001-ABD ABB Connectors
DSTC190-57520001-ER ABB Connection unit
P0926JM FOXBORO Power source
OS9-GNI-C20L
NAIO-03F ABB Industrial controller
MVI69E-GSC PROSOFT processor
MVI56-BAS PROSOFT Basic communication module
MTL-8715-CA-BI Bus interface module
MMII-PD-MOD501-120 GE Control motor
MMII-PD-1-2-MOD616-120
MMII-PD-1-2-MOD600-120 GE Motor Manager II relays
MMII-PD-1-2-120 GE Motor control center
MMII-PD-1-2-240 GE Motor manager
MMII-C-0-0-120 GE Low voltage motor control module
KUC755AE105 ABB Controller module
KUC720AE01 ABB Motion control card
KUC711AE101 3BHB004661R0101 ABB Excitation controller
KUC711AE101 ABB Excitation system
KUC321AE ABB Power control drives the board
H800 Ultra Micro NV server NVIDIA
H100 PCIE single card NVIDIA
H100 Micro NV server NVIDIA NVIDIA
GH200 superserver NVIDIA
A800 NVLink 8 card module NVIDIA
A800 PCIE single card NVIDIA
A100 Supermicro NV server NVIDIA
A100 PCIE single card NVIDIA
IS420UCSBH1A GE UCSB controller
IS215VCMIH2CA GE VME communication card in turbine control system
IS215VCMIH2BB GE Board assembly
INNPM12 ABB analog expansion module
INNIS21 ABB The terminal is connected to the INNIS21 module
IMMFP12 ABB Multifunctional processor module
IMHSS03 ABB Hydraulic Servo Module
IEPAS01 ABB Power module
IC800STI105S1-CE Power module
IC800SSI216 GE Servo motor controller
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