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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FSCA-01 RS-485 Adapter module
701PGNKF Intelligent power module
1606-XLB240E Power module
IC693BEM330 FIP remote I/O scanner
F3YD64-1P YOKOGAWA Transistor output module
F3YD32-1P YOKOGAWA Transistor output module
F3YP12-0V YOKOGAWA Transistor output module
1734-CTM Input/output common terminal module
20P41AD330RA0NNN Three-phase AC driver
1769-SDN DeviceNet Communication module
2080-LC50-24AWB Programmable Logic controller
2080-LC50-24QBB Compact controller
20F1ANC205JN0NNNNN Adjustable frequency AC driver
25A-D043N114 PowerFlex 523 Series compact low voltage driver
22C-D038A103 AC Powerflex 400 drive
BCU-12 Control unit BCU12
FEN-31 68978955 HTL encoder interface
1769-OF4 Analog output module
MPS022 13100-203 Power module
1784-PKTX/A Network interface card
1FK2104-5AF11-1MA0 servo motor
3G3MX2-A4040-ZV1 multifunctional mini frequency converter
2711-K6C5 PanelView Standard Operator Terminal
1769-IF16C Compact I/O mode
Drive ACS880-01-109A-3 ABB
5069-L320ERS2 compact GuardLogix controller
1783-US16T Ethernet unmanaged switch
1783-BMS10CGL Managed Ethernet switch
2198-D020-ERS3 Kinetix 5700 two-axis servo drive
5069-OBV8S Security output module
AL81G ACQUISITIONLOGIC single-channel Analog input board
05701-A-0281 Single channel control card 05701-A-0281
CG6565/64-2L/8TE NMS Media processing board
D0C-16C SAMSUNG Digital Output and counting board
05701-B-0376 HONEYWELL control card module
05701-A-0303 HONEYWELL control card module
1756-OW16I ControlLogix discrete output module
1756-IRT8I ControlLogix Analog input module
1756-EN2TP Allen-Bradley Communication module
1756-OF8H Allen-Bradley analog output module
1756-IF16H Allen-Bradley analog input module
REF615 HBFDACADABC1BNN21G feeder protection and measurement and control device
Pxi-2510 NI PXI signals are inserted into the switch module
AKM34H-ANC2R-00 KOLLMORGEN brushless servo motor
AKM230-ANCNR-00 KOLLMORGEN servo motor
AKM32H-ANC2R-00 KOLLMORGEN servo motor
MPL-B680H-MJ74AA low inertia servo motor
3500/15-02-02-00 Power module
1794-IB32 Flex I/O DC input module
CX5130-0125 Embedded computer processor
MHD115C-035-PG0-AA MHD synchronous motor
PCIe-6734 NI Multifunctional I/ O device
140ERT85410 Multifunctional input module
SPM-D2-101010B/YB 8440-2167 Synchronizer
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