Tariff Quote Watch: Fanuc Warns of Tariff Risks, Problem May Be Company-Specific — Panjiva
Más

Panjiva_research_logo

Tariff Quote Watch: Fanuc Warns of Tariff Risks, Problem May Be Company-Specific

Industrials - Capital Goods 265 Japan 381 Tariff Quote Watch 91 U.S. 3297

Fanuc has cut its net income forecast by 1.99% for the current fiscal year in part due to “continuing trade friction”. That likely reflects a mixture of a broader investment slowdown including the company’s industrial robots rather than the specifics of tariffs. Fanuc’s U.S.-bound seaborne shipments of industrial robots fell 26.0% on a year earlier in the third quarter. By contrast total U.S. imports of industrial robots in the three months to Aug. 31 rose by 6.48%. U.S. tariffs against Chinese exports are more about deterring future growth than limiting current supplies given shipments ...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.