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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LC1000-S/SP7 LEM Sensor card parts module
KV-7500 KEYENCE Built-in CPU unit
KUC720AE01 3BHB003431R0001 3BHB000652R0001 ABB Power control drives the board card
KK67Y-YYYY-050 KUKA servo motor
IS200STCIH2A GE Terminal Board
IS200ISBBG2AAB GE Rack – mounted power supply board
IC697MDL653 GE Input module 90-70 series input/output
IC697CPX772 GE single-slot CPU
IC693DSM302-RE GE Motion control unit
IC697CHS790D GE Standard frame
GENE-9455 AAEON Single board computer
FSE-L003 SCHENCK Controller/driver board
FLN4234A MOTOROLA CPU control card module
FI820F ABB AC800F controller Ethernet communication module
FCM100ET FOXBORO Redundant Fieldbus Communication Module
FCM10E FOXBORO Fieldbus communication component
DR1030B60 YOKOGAWA DD Motors
CR-GEN0-M6400R3 DALSA High speed CCD line scan camera
CI868K01-eA 3BSE048845R2 ABB Communication interface unit
CE4003S2B1 12P2532X152/KJ3222X1-BA1 EMERSON Controller module
CDIO-1616-0,5-1131 BERGHOF servo drive
CC-TDOB11 Honeywell Digital Output 24V IOTA Model Series
CC-TDOB01 HONEYWELL Digital output module
CC-TDIL01 HONEYWELL Digital input 24V IOTA current
CC-TAOX11 Honeywell Analog output module
CC-TAON11 HONEYWELL Analog output module
CC-TAIX51 Honeywell Analog input module
CC-TAIX11 HONEYWELL Analog input IOTA redundancy
CC-TAIM01 Honeywell Analog input module
CC-PFB401 Honeywell Fieldbus interface module
CC-PDOD51 HONEYWELL C series digital output module
CC-PDOB01 Honeywell Digital output 24V module
CC-PCNT01 HONEYWELL C300 controller module
CC-PCF901 Honeywell Control firewall module
CC-PAIN01 HONEYWELL Hart analog input
CC-PAIH02 Honeywell Hart analog input
C2RPS-CHAS2 FOXBORO power supply
A06B-0590-B004#7008 FANUC Servo drive driver
A4H254-8F8T Enterasys Ethernet switch
330130-040-00-00 Benty Nevada 300 XL extension cable
330703-000-070-10-02-05 Bently Nevada 11mm probe
330106-05-30-10-02-00 Bently Nevada 3300 XL 8 mm reverse mount probe
330104-00-05-10-02-CN Bently Nevada 3300 XL 8mm access probe
330130-040-00-00 Benty Nevada Extension cable
330103-00-04-10-02-00 Bently Nevada 3300 XL 8mm access probe
3300/16-11-01-03-00-00-01 Benty Nevada XY/Gap dual vibration monitor
Pilz 301140 Pilz Secure bus input/output module
146031-02 Benty Nevada 100Base-FX(Optical fiber)I/O module
125720-01 Benty Nevada Data Manager I/O module
128240-01 Benty Nevada Preloader/seismic monitor I/O module
086349-002 ABB Control card module
84152-01 Benty Nevada Input/output and recording terminal/four relay modul
6410-009-N-N-N PACIFIC SCIENTIFIC Pulse encoder
1785-L40C15 Allen-Bradley programmable logic controller
1785-CHBM Allen-Bradley backup module
1794-ASB Allen-Bradley remote I/O communication adapter module
1771-WH Allen-Bradley PLC-5 field wiring arm for I/O modules
1771-OX Allen-Bradley power contact output module
1771-OFE2 Allen-Bradley analog output module
1771-IXE Allen-Bradley Thermocouple input module
1771-IBD Allen-Bradley Digital DC input module
1771-A2B Allen-Bradley I/O chassis
1769-L23E-QB1B Allen-Bradley package controller
1768-L43 Allen-Bradley programmable logic controller
1761-NET-ENI Allen-Bradley Ethernet /IP communication interface
1756-TBS6H Allen-Bradley detachable junction board
1756-PSCA2A Allen-Bradley case adapter module
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