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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TVB6002-1/IMC 1308-644857-12 1381-644857-16 TEL BOADR
TVB3101-1/ISC 1381-644957-16 1308-644957-12 TEL BOARD
TVB-1202-1/ANET 1381-647980-12 TEL board
XV-440-12TSB-1-10 EATON Touch panel
SLIO-02 ROLLS ROYCE NETWORK CONTROLLER
45C992 RELIANCE Analog Input Module
MVI69-MCM PROSOFT Modbus Master/Slave Network Interface Module
LD800HSE-3BDH000320R02 ABB Fieldbus Linking Device
KP3000 ABB Silicon controlled module
KP2500 ABB Silicon controlled module
3100-MCM PROSOFT Modbus communication interface
1785T-PMPP-1700 Rockwell touch screen
5SHY35L4503 ABB High voltage IGCT driver module
SCXI-1313A NI Terminal Block
SC753A-001-01 Pacific Scientific Servo Drive
SAC-SW220/EB ORMEC SERVOWIRE DRIVE
S22460-SRS KOLLMORGEN Servo driven drive
PXI-6713 NI PXI Analog Output Module
PXI-6602 NI Counter/Timer Module
PMC-234 RAMIX CompactFlash Module
PCIE-5565-PIORC GE Reflective Memory node card
ZETA6104 Parker Indexer/Drive
KJ1710X1-BA1 EMERSON Fibre Channel Switch
H1127.0101 Rolls-Royce Marine Controller
FSA80 DANAHER Servo drive
FAW05-5R0 TDK AC-DC Power Supplies
F7133 HIMA 4 Channel Power Distribution Module
F6217 HIMA 8-Channel Analog Input Module
F3330 HIMA 8-Channel Output Module
F3322 HIMA Digital Output Module
F3236 HIMA 16-Channel Digital Input Module
EC10-2416BRA EMERSON Frequency converter module
DSQC1018 ABB Computer
DKC11.1-040-7-FW Rexroth DKC Drive Controllers
CR-GENO-M6400R3 DALSA Teledyne Industrial Camera
CLS204 WATLOW ANAFAZE Temperature control unit
CACR-02-KIBA YASKAWA SERVO DRIVER
C2RPS-PSM ENTERASYS Power Supply
AT-MR126F ALLIED TELESIS TRANSCEIVER MICRO REPEATER
VFD_6713_V2 HONEYWELL main control panel
330103-00-06-10-02-05CN Bently Nevada 3300 XL 8 mm Proximity Probes
AT-MX40FST-05 ALLIED TELESIS International Pty Ltd
ACN CS METSO high-performance multi-function
3500/40M 140734-01 Bently Nevada Proximitor Monitor I/O Module
70085-1010-411 13A AI-TEK Speed sensor
8602-FT-ST GE PAC8000 Field terminal, standard
ZETA6104 PARKER Indexer/Drive
1C31179G01 Westinghouse Remote Input Output Master Attachment Unit
VT-HNC100-1-23W-08-P-0 Rexroth VT-HNC100 Digital Axis Controllers
VRDM 39750 LWB Berger Lahr stepper motor
VFD4A8MS21ANSAA Delta Variable frequency Drive (VFD)
VE6041F01C1 EMERSON Smart Switch
UMI-7764 NI Universal Motion Interface
TVD1.3-15-03 Rexroth TVD Supply Modules
T2550L80F32ELINSERIAL FOXBORO unit controller
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