Makino Milling (6135 JP): Significant Domestic Profit Recovery Drives Best 1Q Since GFC
Makino’s 1QFY18 Results Surprise to Upside Makino’s revenue increased by 33%YoY to JPY42,480m and OP improved sharply to JPY3,239m (from JPY197m in...
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Makino Milling (6135 JP): Higher Possibility for a Rebound
Makino’s FY2017 Results were Impressive Last Five Years – Despite a Slight Drop in FY2016, Makino Shows Consistent Growth in Top and Bottom Line...
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LightStream Factory Automation View: Still Early in the Downcycle
We had been positive on the factory automation robotics names for most of last year, favouring Yaskawa Electric Corp (6506 JP), Nabtesco Corp (6268...
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Factory Automation Earnings: Is the Fanuc Shock for Real?
Fanuc Corp (6954 JP) shocked markets last Thursday by forecasting a 34% drop in OP, together with somewhat underwhelming results. Consensus...
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Factory Automation and Trade Wars
Factory automation names are down today (Yaskawa -2.5%, Fanuc -3.2%, Nabtesco -2.4%, Harmonic Drive -4.9%, Omron -1.8%, Keyence -3.0%, SMC -1.3%,...
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