ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Companies

Fanuc robots lose bounce as China order book fails to fill

Trade war looms heavily over auto-reliant Japanese company

Fanuc's industrial robots are enjoying brisk demand even as sales of the company's machine tools slump.

TOKYO -- China's industrial slowdown is proving to be a challenge even Fanuc's robot arms cannot lift.

Net profit for the Japanese robot maker tumbled 51% from a year earlier to 40.1 billion yen ($367 million) in the first half, the company reported Monday. It subsequently downgraded its full-year guidance by 2.4 billion yen to 57.9 billion yen, which would mark a 62% decline.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more