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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1756-CN2R/B Allen-Bradley communication module
1756-A7/B Allen-Bradley small and compact chassis
5X00622G01 Westinghouse Analog Input Card
5X00502G01 Westinghouse Analog output module
5X00500G01 Westinghouse Analog Input Module
5X00499G01 Westinghouse The 32-channel DI card is installed
5X00497G01 Westinghouse Base control unit
5X00226G01 Westinghouse I/O INTERFACE MODULE
5X00226G04 Westinghouse I/O Interface Module
5X00489G01 Westinghouse Power Distribution Module
5X00481G04 Westinghouse Processor Module
5X00106G01 Westinghouse High Speed HART Analog Input
1C31234G01 Westinghouse Compact Contact Input Module
1C31233G04 Westinghouse Analog Input Module
1C31232G02 Westinghouse Digital Input
1C31224G01 Westinghouse Analog Input Module
1C31227G01 Westinghouse 8 Channel Analog Input
1C31222G01 Westinghouse Relay Output Panel
1C31194G03 Westinghouse Control Module
1C31189G03 Westinghouse Speed Detector Module
1C31181G01 Westinghouse Remote I/O Master Unit
1C31179G01 Westinghouse Remote Input Output Master Attachment Unit
TPMC871-10 TEWS TPMC871-10 PMC Interface Module
T8461C ICS TRIPLEX T8461C Trusted TMR 24/48Vdc Digital Output Module
T8403C ICS TRIPLEX T8403C Trusted TMR 24Vdc Digital Input Module
IBA SM128V ABB Controller MODULE
F650BABF2G0LOSHE GE FEEDER MANAGEMENT RELAY
KJ3002X1-BF1 12P1732X042 EMERSON RTD Card
38B5786X132 EMERSON Single-Acting Direct Pneumatic Relay
PU515A 3BSE032401R1 ABB PU515A Real-Time Accelerator Exchange
PM866-2 3BSE050201R1 ABB Processor unit
CP405 A0 1SAP500405R000 ABB Control Panel 7″ TFT touch screen
330130-040-00-00 Bently Nevada 3300 XL Standard Extension Cable
330106-05-30-05-02-05 Bently Nevada 3300 XL 8 mm Reverse Mount Probes
330103-00-06-10-02-00 Bently Nevada 3300 XL 8 mm Proximity Probes
1785-L40C15 Allen-Bradley ControlNet PLC5 Programmable Logic Controller (PLC)
330103-00-04-10-02-00 Bently Nevada 3300 XL 8 mm Proximity Probes
A6110 EMERSON Protection Monitors
6ES7416-2FK02-0AB0 Siemens Processor Module
A6220 EMERSON Machinery Health Monitor
1785-CHBM Allen-Bradley hot-backup type of memory cartridge
CC-TAOX11 51308353-175 HONEYWELL Analog Output Module
CC-TDIL51 51307083-175 HONEYWELL Module
CC-TAIX11 51308365-175 HONEYWELL Analog Input IOTA Redundant
CC-TAIN11 51306515-175 HONEYWELL Redundant Analog Input Terminal Board
CC-PCNTOX 51308307-175 HONEYWELL Analog Output Module
CC-PFB401 51405044-175 HONEYWELL Fieldbus Interface Module
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