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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1394C-SJT05-D Servo control
07KT92 CS31 GJR5250500R0262 ABB CPU
6ES7626-2DG04-0AE3 Siemens operating panel
6ES5948-3UR21 Central processing unit
6DD1661-0AB1 Communication module
6DD1683-0CC0 Power supply unit
3HAC025466-001 ABB fan
SST-PFB-SLC communication module
3HAC17326-1/02 ABB robot parts driving system
3HAC17346-1/01 ABB motor
RID-02 3HNA015149-001 Spare parts for ABB robot service
3HNA000512-001 ABB robot service spare parts
AO610 3BHT300008R1 Analog output of ABB S600 I/O module
CI626 3BSE012868R1 ABB communication interface module
CI626V1 3BSE012868R1 ABB AF100 communication interface module
DPW01 ABB DPW01 power module
DSAO110 57120001-AT ABB analog Output module
DSPC170 ABB Data Input module
DSPC172 57310001-ML ABB main CPU module
DSDX404 ABB data entry module
DSPC172H ABB Master main CPU module
DO630 3BHT300007R1 OCS digital output module
853-049542-173 LAM PCB circuit board module
DSQC202 YB560103-AC/5 Robot computer
E1421B Agilent VXI Host power supply
ILB BT ADIO Mux-OMni 2884208 PHOENIX Wireless MUX Kit
PSR25-600-70 11 Isolated soft starter
NFZ44E-23 1SBH136001R2344 ABB DC Contactor relay
S802S-B10 2CCS862001R0105 ABB 2 pole high performance circuit breaker
MTS1-10B 1SFA611300R1006 ABB Toggle switch
810-068158-014 LAM Interface board of Rocker arm valve
810-800081-022 LAM VME backplane PCB
810-102361-222LAM Rocker arm valve interface board
TB820V2 3BSE013208R1 ABB Modulebus(Module Bus)
MIC+340/D/TC MICROSONIC microphone + Ultrasonic sensor
KJ3001X1-CA1 DELTAV discrete input module
KJ3202X1-BA1 DELTAV DO 24 VDC high-end 2 Series card
KJ3002X1-BC1 12P0681X092 DELTAV discrete input module
80190-380-01-R Rectifier board Packaging board SCB
RH924YF Foxboro FCP280 DIN Guide rail mounted modular base plate
FAU810 flame analysis unit
6176M-17PT 1750M industrial display
20AC037A0AYNANC0 PowerFlex 70 series AC driver
20AC060A0AYNANC0 PowerFlex 70 Series Allen-Bradley drives
SGDM-20ADA Servo driver
SK-R9-PINT2-CF7C power interface board
PLX32-EIP-MBTCP Ethernet /IP to Modbus
UFC719AE01 3BHB000272R0001 Drive Controller
4PW035.E300-02 Compact man-machine interface
25B-D010N104 AC driver with adjustable frequency
EEA-PAM-535-D-33 proportional control valve
AUTOMATION ANC-100E AN-X2-AB-DHRIO converter
5880-PC1025 steering gear
SCE903AN-002-01 High performance digital servo driver
MHD115C-058-PG1-BA MHD synchronous motor
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