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

Fanuc regains earning muscle but grapples with investment burden

Robot powerhouse back to 20% profit margin

Demand for Fanuc's factory automation equipment has improved, but the Chinese market is proving trickier than expected. (Photo by Shinya Sawai)

TOKYO -- Industrial robot maker Fanuc enjoyed an uptick in earnings last fiscal year, but it has yet to regain its highs from last decade as investments -- primarily in robots to make its robots -- aimed at tapping Chinese growth have failed to pay for themselves as quickly as hoped.

The manufacturer logged its first net profit growth in three years for the fiscal year ended in March, with a 28% jump to 94 billion yen ($866 million), amid growing demand for industrial robots. Its operating profit margin returned to double digits at 20.4%, outpacing rivals Yaskawa Electric and ABB, thanks to a strong focus on automation and a pared-down product lineup.

Sponsored Content

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

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

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