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.
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1747-L552 Allen-Bradley Controller module
3HNA023093-001 ABB Controller module
3HAC044168-001 ABB Serial measuring board
1747-L553 Allen-Bradley Processor Unit module
5453-759 Woodward Frame equipment
5466-409 Woodward Power Supply Module
5466-258 Woodward Simplex Discrete I/O Module
5501-376 Woodward Analog I/o Module brand
5501-470 Woodward CPU MODULE
5501-467 Woodward power-supply module
5501-471 Woodward CPU MODULE
8200-226 Woodward Servo Position Controller
8237-1006 Woodward Load Sharing and Speed Control
8200-1302 Woodward Graphical front panel HMI
8237-1006 Woodward Load Sharing and Speed Control
9907-014 Woodward Load Sharing and Speed Control
9907-018 Woodward Load Sharing and Speed Control
9907-019 Woodward Load Sharing and Speed Control
9907-023 Woodward Load Sharing and Speed Control
9907-162 Woodward Digital governor
9907-164 Woodward Digital governor
9907-205 Woodward Hand Held Programmer
9907-252 Woodward Load Sharing Module
81001-450-53-R Allen-Bradley CIRCUIT BOARD
9907-838 Woodward Load Sharing Module
DSQC639 3HAC025097-00116 ABB Main computer
3500/15 Bently Nevada height modules
DCF803-0035 ABB agnetic field exciter
E22SSLT-LNN-NS-04 KOLLMORGEN Hybrid stepping motor
EL3020 ABB EasyLine Continuous Gas Analyzers
F7553 HIMA Coupling Module
FI830F ABB Fieldbus Profibus DP
IC687RCM711 GE redundancy communications module
H92 FOXBORO Controller module
MVI56-PDPS Allen-Bradley PROFIBUS DP I/O Slave Network Interface
IC690RFH008 GE 8 MULTIMODE REFLECTIVE MEMORY HUB
NBRA-669C ABB Universal Brake Chopper
PFTL101A 2.0KN ABB Load cell
PM867K01 ABB controller module
PFTL101B 2.0KN 3BSE004185R1 ABB Load cell
PP826 3BSE042244R1 ABB PROFIBUS DP Panel 800
PU516A 3BSE032402R1 ABB Engineering board
V4550220-0100 ABB CONTROL PRECIPITATOR
VMIVME-017807-413000 GE Pentium processor
Z7116 HIMA Front connector
3HNA025019-001 ABB PROSESS IO APIP-05A
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