Despite in-line results, Fanuc's FVE cut to JPY 14,600 to reflect challenging outlook.
As a worldwide leader in robotics; computerised numerical controls, or CNC; and servo motors, Fanuc has been able to generate superior margins. From 2006 through 2015, Fanuc achieved an average operating margin of 37.5%. Even during the global financial crisis, Fanuc’s operating margin still exceeded 20%. We attribute this to Fanuc’s technological leadership in its core fields, its strong cost control, and its economic moat arising from cost advantage and high switching costs.Fanuc has focused o...
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