SMC (6273 JP): Profit Decline Accelerates
Downturns in the semiconductor, auto and other user industries have caught up with SMC. Sales were down 4.0% year-on-year in the three months to...
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SMC (6273 JP): Profits Start to Decline
SMC's year-on-year profit comparisons have turned negative. In the three months to September (Q2 of FY Mar-19), gross profit was down 3.7%...
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SMC (6273 JP): Deceleration Continues in 1Q
Sales and operating profit growth rates continued to decline in the three months to June - sales growth to 7.1% from 11.3% the previous quarter and...
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SMC (6273 JP): Deceleration or Downturn?
SMC's share price is down 30% from its January high of ¥55,830. Last Friday, June 15, it dropped 2.15% to ¥39,150. The shares are now selling at...
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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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