Fanuc Reports Healthy Fourth-Quarter Result, FVE Increasing Slightly to JPY 19,400
Wide-moat Fanuc’s full-year earnings beat our estimate as fourth-quarter FA and robot segment sales gained 30% and 19%, respectively. This more than offset a 27% drop in Robomachine segment sales from the high base last year as smartphone-related demand flattened. While we are encouraged by the 22% year-over-year growth in fourth-quarter orders and also by the company’s expectation that the recent strong growth will carry over to first-half fiscal 2017 (financial year ending March 2018), Fanuc w...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.