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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Hyundai Heavy Industries Holdings - Update on Its Implied Valuation
We have a positive view on Hyundai Heavy Industries Holdings (267250 KS) (HHIH). Our sum-of-the-parts analysis suggests a base case implied value...
374 Views
Yaskawa: Robotics Keeps Chugging but There Are Troubling Signs for Motion Control
Following middling earnings yesterday Yaskawa started the day up 2.2% but has since dropped and is now down 1.5% in an up market. Our initial...
340 Views
Increasingly Positive on Robots and Inverters, Hoping for a Servomotor Hiccup to Buy on a Dip
We visited Yaskawa last week to find the company in healthy spirits and with a strong outlook for next year. We have been concerned since the end...
417 Views
Yaskawa 3Q Earnings Decent but Confirm China Deceleration; Growth Next Year Could Be Underwhelming
Yaskawa Electric reported much anticipated 3Q earnings this afternoon seeing revenues rise 14% YoY but fall 9% QoQ. OP was up 86% YoY but down 6%...
259 Views