Report
Dan Baker
EUR 100.00 For Business Accounts Only

Yaskawa’s FVE Reduced to JPY 3,400 with Global Investment Confidence Declining

Narrow-moat Yaskawa’s first-quarter results showed continued slowdown with revenue down 16%, operating income down 58%, and net profit down 70%. Part of the decline was due to the much stronger conditions still prevailing in the first half of last year, with comparable quarters to get much easier in the second half but clearly a slower smartphone market and weakened confidence due to the U.S.-China trade conflict are impacting on demand. We retain our positive long-term view on the outlook for a...
Underlying
Yaskawa Electric Corporation

Yaskawa Electric and its affiliates are mainly engaged in the manufacture and sale of electric motors, industrial robots and industrial electrical control systems. Co.'s principal products include AC/DC servomotors, spindle motors for machine tools, programmable controllers, numerical controls, general-purpose/special-system inverters, industrial robots, clean robots, vacuum robots, transfer systems in clean/vacuum rooms, industrial electrical control systems for metal processing, cold rolling and paper making, water supply/sewage control systems, power receiving/distribution panels, circuit breakers, high-voltage switchgears, and energy-saving motor drivers.

Provider
Morningstar
Morningstar

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.

Analysts
Dan Baker

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