Okuma (6103 JP): Focus on Operational Efficiency and Market Penetration
Company’s 1QFY18 Results Okuma Corp (6103 JP)’s revenue increased to JPY48.7bn (+32% YoY) and OP improved sharply to JPY5.9bn (from JPY3.3bn 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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NTN's FY2018 Forecast Likely to Be Muted; Plays First-Mover Card with In-Wheel Motors for EVs
Ntn Corp (6472 JP) is a leading manufacturer of precision mechanical parts and components, especially hub bearings for which the company is a...
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