Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Fanuc (6954) | Forget FA, Robots Are the Future

Good Morning Japan |SPX Break Out In Sight ! ; PCE Inflation Delivers; Fed +25bps ? ; Awful INTEL

Fanuc (6954 JP) – Let the Derating Begin

Equity Bottom-Up

<ul>
<li>Machine Tool Orders in Japan decreased to 141 billion yen in October from 149 billion yen a year ago.</li>
<li>The 5.4% decline marks the start of the third downturn in Machine Tool Orders over the past decade. </li>
<li>We analyse those downturns and believe that Fanuc’s stock price has probably hit bottom, but THIS TIME IS DIFFERENT</li>
</ul>


Machine Tool Orders in Japan decreased to 141 billion yen in October from 149 billion yen a year ago.
The 5.4% decline marks the start of the third downturn in Machine Tool Orders over the past decade. 
We analyse those downturns and believe that Fanuc’s stock price has probably hit bottom, but THIS TIME IS DIFFERENT


Fanuc Corp

Fanuc (6954) | This Time Is Different