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.

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

Good Morning Japan |Tech Bid; Trump Indicated; NUGGET: BayCurrent-Japan's Digital/Salary Gap Winner

Fanuc (6954) | Earnings Miss; Guidance Slashed

Fanuc (6954 JP) – Let the Derating Begin

Equity Bottom-Up

<ul>
<li>Fanuc's Q3 sales and earnings beat analyst expectations. Sales rose 17% YoY and profit increased by 14%. </li>
<li>The bears will be able to point to the collapse in FA orders in Q3, but this just confirms what the Japan Machine Tool numbers have been signalling.</li>
<li>Robot orders remain strong as Fanuc continues to benefit from de-globalization and the need to modernize global supply chains.</li>
</ul>


Fanuc's Q3 sales and earnings beat analyst expectations. Sales rose 17% YoY and profit increased by 14%. 
The bears will be able to point to the collapse in FA orders in Q3, but this just confirms what the Japan Machine Tool numbers have been signalling.
Robot orders remain strong as Fanuc continues to benefit from de-globalization and the need to modernize global supply chains.


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

Fanuc Corp

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