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.
Excitation system ABB module BSM0400CN00
Excitation system ABB module BSFC-02C
Excitation system ABB module BRC410
Excitation system ABB module BRC410
Excitation system ABB module BRC400
Excitation system ABB module BRC400
Excitation system ABB module BRC400
Excitation system ABB module BRC3000A
Excitation system ABB module BRC-300
Excitation system ABB module BRC300
Excitation system ABB module BRC300
Excitation system ABB module BRC300
Excitation system ABB module BRC200
Excitation system ABB module BRC-100
Excitation system ABB module BRC-100
Excitation system ABB module BP914S
Excitation system ABB module BP910S
Excitation system ABB module BP901S
Excitation system ABB module BIOC-01
Excitation system ABB module BI934S
Excitation system ABB module BI933S
Excitation system ABB module BI924S
Excitation system ABB module BI923S
Excitation system ABB module BI914S
Excitation system ABB module BI913S
Excitation system ABB module BDD110 HNLP205879R1
Excitation system ABB module BCU-02
Excitation system ABB module BC810K02 3BSE031155R1
Excitation system ABB module BC810K02
Excitation system ABB module BC810K02
Excitation system ABB module BC810K02
Excitation system ABB module BC810K01 3BSE031154R1
Excitation system ABB module BC810K01
Excitation system ABB module BC810
Excitation system ABB module BC25
Excitation system ABB module BB174
Excitation system ABB module Bailey PCM-10
Excitation system ABB module B5EEd HENF105082R4
Excitation system ABB module B5EC HENF105077R1
Excitation system ABB module B3EA HENF315147R1
Excitation system ABB module AX722F
Excitation system ABB module AX721F
Excitation system ABB module AX670 3BSE000566R1
Excitation system ABB module AX670
Excitation system ABB module ATPU-02A 3HNA004440-001
Excitation system ABB module ASFC-01C
Excitation system ABB module ASDI-03 3HNA010255-001
Excitation system ABB module ARC093AV1 HIEE300690R1
Excitation system ABB module ARC093AV1
Excitation system ABB module APSAF03
Excitation system ABB module APIP-05 3HNA018573-001
Excitation system ABB module APBU-44C 64669982
Excitation system ABB module APBU-44C
Excitation system ABB module APBU-44C
Excitation system ABB module AOFC-02
Excitation system ABB module AO930S
Excitation system ABB module AO930N
Excitation system ABB module AO930B
Excitation system ABB module AO920S
Excitation system ABB module AO920N
Excitation system ABB module AO920B
Excitation system ABB module AO910S
Excitation system ABB module AO910S
Excitation system ABB module AO910N
Excitation system ABB module AO910B
Excitation system ABB module AO910
Excitation system ABB module AO895 3BSC690087R1
Excitation system ABB module AO895
Excitation system ABB module AO890
Excitation system ABB module AO890
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