Harmonic Drive: 4Q Margins Look Weak but This Is a One-Off. Still Expensive Though
Harmonic Drive Systems Inc (6324 JP) announced results which suggested some margin erosion:While 4Q revenue and GPM (45.4%) were a touch weaker...
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Factory Automation and Trade Wars
Factory automation names are down today (Yaskawa -2.5%, Fanuc -3.2%, Nabtesco -2.4%, Harmonic Drive -4.9%, Omron -1.8%, Keyence -3.0%, SMC -1.3%,...
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The Two Weeks in NorthAsia@Smartkarma That Were: BOJ/N225, Buybacks, & Biosimilars
The past two weeks involved a long Chinese New Year holiday for many so last weekend's Week That Was was carried over. The "slow" two week period...
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Harmonic Drive: Revenue Expansion Resumes but What Happens Next Year?
Harmonic Drive reported a strong 3Q with revenue up 16.8% QoQ to JPY14.6bn and OP up 22.3% QoQ to JPY4.0bn. The revenue growth was healthy as...
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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%...
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