Earnings Alerts

Fanuc Corp (6954) Earnings: FY Operating Income Forecast Misses Estimates Amid Notable Quarterly Declines

  • Fanuc’s operating income forecast for the financial year is reported to be 121.00 billion yen, falling short of the estimated 160.19 billion yen.
  • The company’s net income is predicted to reach 107.30 billion yen, which is also considerably less than the estimated 143.51 billion yen.
  • Fanuc’s projected net sales are 746.40 billion yen, below the estimated 812.44 billion yen.
  • For the first half of the year, Fanuc forecasted an operating income of 61.00 billion yen and net sales of 364.00 billion yen. The predicted net income is 53.80 billion yen.
  • The company’s fourth quarter results showed an operating income of 34.50 billion yen (a decrease of 22% year on year) which slightly exceeded the estimated 33.73 billion yen.
  • Fanuc’s net income in the fourth quarter was 34.82 billion yen, marking a 15% decrease year on year. However, it crossed the estimated 29.5 billion yen.
  • The fourth quarter net sales dropped by 7.9% year on year to 198.75 billion yen, surpassing the estimate of 187.66 billion yen.
  • Fanuc’s stock currently has 14 buys, 6 holds, and 2 sells.

Fanuc Corp on Smartkarma

Analyst coverage on Smartkarma by Mark Chadwick reveals insights on Fanuc Corp. In the report titled “Fanuc (6954) | Robot Orders Remain Weak,” Q3 net sales and operating income saw a year-on-year decrease. Despite this, full-year guidance was revised higher, leading to a positive stock reaction. However, caution is advised for the Robot Division as Q4 orders experienced a significant decline from the previous year.

Another analysis by Mark Chadwick titled “Fanuc (6954) | Not Out of the Woods Yet” highlights FANUC Group’s Q2 2023 results, showing a decrease in sales and operating income with mixed division performance. Although some positives were noted, such as operating profit exceeding expectations, challenges like declining robot orders and high inventory persist. The stock is deemed to be trading at fair value, but downside risks remain due to macro concerns.


A look at Fanuc Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

When looking at the long-term outlook for Fanuc Corp, the Smartkarma Smart Scores paint a positive picture. With strong ratings in Growth, Resilience, and Momentum, Fanuc Corp seems to be set on a path for steady advancement and enduring performance in the market. The company’s focus on innovation and adaptability seems to be paying off, positioning it well for future success.

Fanuc Corp‘s diverse product range, including factory automation systems, robots, and CNC equipment, gives it a solid foundation for growth and stability. With a balanced mix of Value, Dividend, Growth, Resilience, and Momentum, Fanuc Corp appears to be a well-rounded player in the industry. Investors may find comfort in the company’s consistent performance across these key metrics, suggesting a promising outlook for Fanuc Corp in the long run.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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