Description
hardware flow control. It is an ideal choice in the field of industrial automation.
In terms of orders, the growth rates of orders, ABB, and Anchuan China in 2019q3 were -15%, 1%, and-21%, respectively, and marginal improvement occurred.
3.1 Q3 Fap Noko”s robot business has narrowed sharply
Fanuc”s revenue in Q3 2019 was 126.4 billion yen, down 22.1% year-on-year, slightly narrower than Q2″s -26.4%; Q3 operating profit was 20.4 billion yen, down
53.6% year-on-year, which was slightly larger than Q2″s -47.50% , the operating profit margin was 16.2%, a slight decline. (Note: FANUC’s 2019 fiscal year is
2019/4/1-2020/3/31, where 2019Q3 refers to 2019/7/1-9/30, corresponding to 2019Q2 in its financial report.)
Q3 Fanuc”s industrial automation revenue was 33.3 billion yen, down 43.3% year-on-year; robot business revenue was 51.5 billion yen, down 2.6% year-on-year
, and the rate of decline narrowed significantly (Q2 fell 19.5% year-on-year), with a quarter-on-quarter growth of 9.2% returning to positive levels; CNC machine tool
business revenue was 18.7 billion yen, down 30% year-on-year, and the rate of decline narrowed; service revenue was 22.9 billion yen, down 4.2% year-on-year.
The growth rate returned to normal, with China’s robot business revenue increasing by 12.3% year-on-year.
Compared with Japan and Europe, where the robot business revenue has decelerated and expanded, and the United States, where the decline has narrowed, the
revenue decline of Fanuc”s robot business in China has narrowed, and the year-on-year growth rate of the robot business revenue has returned to positive levels.
Q3 Fanuc”s revenue in China was 18.3 billion yen, a year-on-year decrease of 33.7% (Q2 was -49.3%), of which China”s robot business revenue was 9.1 billion yen,
a year-on-year increase of 12.3%, and the growth rate returned to positive.
Robot orders growth returns to normal
In Q3 2019, Fanuc received 53.6 billion yen in new orders for robots, a year-on-year increase of 2.9%, marking the second consecutive quarter of positive year-on-year
orders. Orders lead revenue by 1-2 quarters, and Q4 robot business revenue growth is expected to return to positive levels.
Thanks to the recovery of robot orders, the order decline in China narrowed to -15.5%
FANUC”s robot business continues to expand as orders in Japan, Europe, and Asia (excluding China) slow down. Among them, its orders in the United States continued
to recover strongly, while the decline in orders in China narrowed significantly.
In Q3, Fanuc received 35.7 billion yen in new orders in the United States, a year-on-year increase of 15.2%, continuing high growth. The decline in orders in China has narrowed
significantly. During the period, new orders received in China were 18.6 billion yen, a year-on-year decrease of 15.5%, a sharp contraction.
3.2. Yaskawa Electric’s Q3 robot business situation
Yaskawa expects its consolidated net profit for fiscal 2019 (ending February 2020) to be 19 billion yen, a year-on-year decrease of 54%. Sales will fall by 12% to 420 billion yen,
and operating profit will fall by 50% to 25 billion yen. China”s order volume, which has attracted much market attention, shows signs of bottoming out. It decreased by 21% from
June to August 2019, and the decline has narrowed for two consecutive quarters. On the one hand, the impact of the Sino-US trade war has led to a reduction in investment by
Chinese companies. On the other hand, the exchange rate has also seen a higher-than-expected appreciation of the yen.
3.3. ABB Q3 robot business situation
ABB”s sales revenue in Q3 2019 was US$6.892 billion, order volume decreased by 1%, and order reserve increased by 3%; net profit after tax from continuing
operations was US$422 million, down 1%; net profit was US$515 million, down 15%. Orders in China were down 5% (down 7% in US dollar terms). The market
situation in the traditional power generation market, traditional automobile and automobile-related industries, as well as 3C and machinery manufacturing fields is relatively severe.
Robotics and discrete automation business order demand is weak
The financial report shows that ABB”s order volume in 2019Q3 fell by 1% year-on-year (down 3% in US dollars). Order volume for industrial automation and
electrical and motion control businesses increased slightly, but order demand for robots and discrete automation businesses was weak. Service business orders
accounted for 19% of total orders, a year-on-year decrease of 2% (a decrease of 5% in U.S. dollars). Large orders accounted for 5% of total orders, a year-on-year
decrease of 1%. ABB order backlog up 3% (down 3% in USD)
Orders from China, Europe and the United States declined, while orders from India and Japan grew well.
Display operation panel TB840A
Display operation panel TB840
Display operation panel TB826 3BSE061637R1
Display operation panel TB825
Display operation panel TB820V2
Display operation panel TB820
Display operation panel TB815
Display operation panel TB811
Display operation panel TB810
Display operation panel TB807
Display operation panel TB806
Display operation panel TB805
Display operation panel TB711F
Display operation panel TB521-ETH
Display operation panel TAS01
Display operation panel TAS.580.0600G00 V01
Display operation panel TAS.580.0560G00
Display operation panel TAS.580.0540G00
Display operation panel TA924F
Display operation panel TA724F
Display operation panel TA526
Display operation panel TA525
Display operation panel TA524
Display operation panel TA523
Display operation panel SYNPOLD CMA132
Display operation panel SYNCHROTACT5 3BHB006713R0217
Display operation panel SYN5202A
Display operation panel SYN5202
Display operation panel SYN5201a-Z,V217 3BHB006714R0217
Display operation panel SY809F
Display operation panel SY809F
Display operation panel SV541
Display operation panel STT02E
Display operation panel STC2BE
Display operation panel STC2AE
Display operation panel STBNIP2311
Display operation panel SS832 3BSC610068R1
Display operation panel SS832
Display operation panel SS832
Display operation panel SS832
Display operation panel SS832
Display operation panel SS822Z
Display operation panel SS822
Display operation panel SR511 3BSE000863R1
Display operation panel SR511 3BSE000863R0001
Display operation panel SPTPS13
Display operation panel SPTKM01
Display operation panel SPSET01
Display operation panel SPSET01
Display operation panel SPSED01
Display operation panel SPNPM22
Display operation panel SPNPM22
Display operation panel SPNPM22
Display operation panel SPNIS21
Display operation panel SPNIS21
Display operation panel SPNIS21
Display operation panel SPNIS21
Display operation panel SPMC2402
Display operation panel SPMC1402
Display operation panel SPIPT800
Display operation panel SPIET800
Display operation panel SPIET800
Display operation panel SPIET800
Display operation panel SPICT13A
Display operation panel SPHSS13
Display operation panel SPHSS13
Display operation panel SPHSS13
Display operation panel SPHSS03 Belica piece
Display operation panel SPHSS03
Display operation panel SPFEC12
Display operation panel SPFEC12
Display operation panel SPFEC12
Display operation panel SPFEC12
Display operation panel SPFCS01
Display operation panel SPER1C1
Display operation panel SPDSO14
Display operation panel SPDSO14
Display operation panel SPDSO14
Display operation panel SPDSO14
Display operation panel SPDSI22
Display operation panel SPDSI22
Display operation panel SPDSI22
Display operation panel SPDSI14
Display operation panel SPDSI14
Display operation panel SPDSI14
Display operation panel SPDSI14
Display operation panel SPCJ4D34-AA
Display operation panel SPBRC41000000
Display operation panel SPBRC410
Display operation panel SPBRC410
Display operation panel SPBRC410
Display operation panel SPBRC400
Display operation panel SPBRC400
Display operation panel SPBRC300
Display operation panel SPBRC300
Display operation panel SPBLK01
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