We lower our fair value estimate for Fanuc 6954 to JPY 5,200 from JPY 5,400, mainly as a result of lowering our near-term robot sales projection. The sudden decline in robot orders was a negative ...
TOKYO -- Thanks largely to rising demand in China, Japanese robot maker Fanuc is on a steady growth path, expecting a 36.5% rise in group operating profit in the current fiscal year through March, to ...
Fanuc’s robot orders, which have been resilient in recent quarters, fell 7% sequentially in the March quarter, which we believe reflects a slowdown in capital spending, contributed by sluggish ...
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