FANUC stocks continue to fall, parts shortages are more than expected, and there is a negative view

FANUC shares fell 8.8% from the previous day to 22,210 yen, the first decline rate in about 1 year and 7 months since March last year. On the 27th, the company cut its consolidated operating profit plan for the current fiscal year (fiscal year ending 2022/3) by 8.7% to 177.5 billion yen due to a shortage of components such as semiconductors. The average forecast for 21 analysts compiled by Bloomberg was 210.7 billion yen.

　　Analyst Taku Ouchi of SMBC Nikko Securities reported on the 27th that the downward revision was due to factors on the supply side rather than on the demand side, and in particular, that numerical control (NC) devices and industrial robots were unable to achieve production goals, and “the impression is negative.”
　　Jeffries Securities analyst Fukuhara Masaru and his colleagues pointed out in an English memo that the result disappointed the expectations of many investors regarding the fact that order volume for the July-September period decreased 9% from the previous quarter.