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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5X00063G01 Westinghouse COMPANION TO HART ANALOG OUTPUT IO MODULES
05701-A-0351 HONEYWELL Control Card, Single Channel
05701-A-0325 HONEYWELL DC Input Card
05701-A-0326 HONEYWELL FIELD INTERFACE CARD
5SHX1960L0004 ABB IGCT Module
SST-PFB3-VME-2-E SST Network Interface Card
TSXSCP114 Schneider Electric PCMCIA Card for Type III
MS-NAE5510-1 Johnson Network Engine
FBM211 P0914TN FOXBORO Input Interface Module
05701-A-0301 HONEYWELL Single Channel Control Card 4 – 20mA
ETT-VGA-0045 UNIOP HMI Touch Screen Front Overla
CP461-50 Yokogawa Processor Module
12149 ASSY display panel
11994R13 ASSY Communition Module
11993R2 ASSY Analog control card
136188-02 Bently Nevada ETHERNET/RS232 MODBUS I/O MODULE
140XCP51000 Schneider DUMMY MODULE WITH COVER
140XBP00400 Schneider 4-Slot Backplane
140CPU11302 Schneider PROCESSOR 256K RAM 8K USER LOGIC 1XMB
MPC4 200-510-076-114 Vibro Meter Machinery Protection Card meggit
IOCN 200-566-000-112 Meggitt Vibro Meter
7264 AMCI SSI Interface Module
AIP830-111 YOKOGAWA Operating keyboard
REF601 CE446BB1NH ABB Feeder protection
3500/60 163179-01 Bently Nevada Temperature Monitors
IC660BBA104 6231BP10910 GE Analog I/O Block
135473-01 Bently Nevada Proximitor/Seismic Monitor Module
136711-01 Bently Nevada I/O Module With Internal Barriers And Internal Terminations
FEM100 P0973CA FOXBORO Fieldbus Expansion Module
3500-25 149369-01 Bently Nevada Enhanced Keyphasor Module
3500-05-01-02-00-00-01 Bently Nevada 3500/05 System Rack
PDP403 METSO DISTRIBUTED PROCESSING UNIT
PDP401 METSO Distributed Processing Unit Module Card
IOP353 METSO DIGITAL INPUT MODULE
MPL-B540K-SJ24AA A Allen-Bradley Low inertia AC motor
IOP345 METSO DIGITAL INPUT MODULE
IOP341 METSO POSITIONER MODULE
DI93a HESG440355R3 ABB Processor Unit
IOP320 METSO ANALOG OUTPUT MODULE
IOP303 METSO RTD INPUT DETECTOR MODULE
IOP302 METSO Analog Input Card
125768-01 Bently Nevada RIM I/O Module with RS232/RS422 Interface
IOP111 METSO PAT Output Module
136719-01 Bently Nevada Barrier Earth Module
KUC711AE 3BHB004661R0001 ABB Excitation controller module
DPU-MR METSO Processing unit
3500-20 125744-02 Bently Nevada Rack Interface Module
KUC711AE101 3BHB004661R0101 ABB Excitation controller module
07KT98C GJR5253100R028 ABB central processing unit
07KT98 GJR5253100R4278 ABB central processing unit
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