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 ....
Read the full article on Seeking Alpha
For further details see:
Fanuc Corporation: Expecting Both Near-Term Challenges And Long-Term Growth