Electronics Industry Overtakes Autos in Chinese Robot Consumption
An IFR press release has updated statistics for China's robot installations in 2016. Some of the key numbers included: 27% YoY growth overall to...
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Nabtesco 1Q Update: Harmonic Drive Boosts Equity Earnings
Nabtesco released 1Q results with sales up 12.5%, OP up 5.4% and PBT up 47.4% (thanks to strong earnings at Harmonic Drive). Extraordinary profit...
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Nabtesco Visit Affirms Viability of Medium Term Plan and Commitment to Shareholder Returns
Our visit to Nabtesco Corp (6268 JP) today left us with a strong positive impression. A risk of a fall in sales in the rolling stock business...
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Strong FY Guidance Pushes Nabtesco up 6%.
After posting strong results in FY12/2016 (5% above guidance), Nabtesco Corp (6268 JP) offered guidance for FY12/2017 that was 4% above consensus...
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Nabtesco: The Cheaper Play on Robotics
22.5x PE may not seem terribly cheap, but with 6% of its market cap in net cash and as the proud owner of almost 20% of Harmonic Drive Systems Inc...
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