FANUF - Fanuc Corporation: Expecting Both Near-Term Challenges And Long-Term Growth
2024-03-29 05:36:32 ET
Summary
- Fanuc Corporation's near-term business performance is expected to be challenging, so there is a risk of a Q4 FY 2023 results miss.
- But FANUY has continued to invest in innovation and geographic expansion, which bodes well for its long-term growth prospects.
- My Hold rating for Fanuc Corporation is unchanged, taking into consideration its outlook for both the near-term and long run.
Elevator Pitch
Fanuc Corporation (FANUY) (FANUF) [6954:JP] is rated as a Hold.
Previously, I wrote about Fanuc Corporation's shareholder capital return moves and the company's short term headwinds in my January 9, 2024 article ....
Fanuc Corporation: Expecting Both Near-Term Challenges And Long-Term Growth