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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Phoenix PATG1/23 1013847 Conductor marker carrier
Vibro-meter 200-560-000-113 200-560-101-017 VM600 IOC4T
IGCT 5SHY4045L0006 3BHB030310R0001 3BHE039203R0101 GVC736CE101 ABB
444-680-000-511 Vibro-Meter CE 680 M511 all-purpose vibration sensor
PFEA111-65/3BSE050090R65 ABB Tension Electronics PFEA 111
TRICON 4201 RXM Communication Module (Remote)
ENTERASYS A2H254-16 P0973BK Industrial switch
810-068158-013 LAM Print edition
TRICON 9001NJ(6FEET) FOXBORO Rack connection wire
125840-01 Half-Height Module 3500/15
TRICONEX 8105N Empty channel module panel
200-510-070-113 200-510-111-034 VM600 MPC4
130944-01 BLANK MODULE 3055/05
JOHNSON MS-NAE4510-2 controls MS-NAE5510-3 MS-NAE5510-1
VMIVME-7610-734 VME Single Board Computer
125680-01 Proximitor I/O Module Bently Nevada 3500/40M
125388-01 Half-height Module Bently Nevada
170AAO92100 Analog output module
SCHNEIDER VX5G48C32Q Power drive board
E82ZAFCC010 LENZE CAN INTERFACE MODULE
PNI800 Plant Network Interface Module
3500/05-01-02-00-00-01 System Rack 3500/05
IS215VCMIH2BB IS200VCMIH2BCC
FX3G-40MT/ESS Mitsubishi PLC main unit
PXIE-8115 NI PXI controller
PXIE-1065 NI PXIE case PXIE-6556
PIO800K02 ABB Profibus I/O Interface Kit [Redundant]
PNI800 Plant Network Interface Module
AI04 ABB AI module, 16-CH, TC / mV AI03
AI03 ABB AI module AI04
9907-014 Load distribution and speed control
IC755CSS15CDA Operator interface terminal
2711-T5A2L1 PanelView 550 Standard Operator terminal
VMIVME2540-000 intelligent digital input/output board
IC755SUE10CTD Touch screen GE
A06B-6110-H030 servo power converter
MDX61B0075-5A3-4-0T SEW drive
DS200LDCCH1AMA driver controls LAN(local Area Network) communication board
Pxi-8431/8 PXI Serial interface module
PXIE-6368 Multifunctional input/output module
Pxi-6528 PXI Digital input/output module
1769-L18ER-BB1B Programmable Automation controller
VMIVME-7751 VME single-board computer VMIVME-7750
1794-IRT8XT thermocouple RTD millivolt input module
PCI-1424 digital camera image acquisition board
IC220PBI002 Versapoint communication module
A06B-6079-H105 servo module
A06B-6117-H105 servo amplifier
A02B-0319-B500 Control basic unit
1326AS-B460F-21 servo motor
A06B-6140-H011 servo power converter
DSQC652 3HAC025917-001 Robot controller
DSQC604 3HAC12928-1 Power module
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