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MarketScreener Homepage  >  Equities  >  Tokyo  >  Fanuc Corp    6954   JP3802400006

FANUC CORP

(6954)
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Fanuc : Applied Manufacturing Technologies Achieves Prestigious FANUC Growth Award for Outstanding Robot Sales

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06/27/2019 | 08:58am EDT

(PRWeb) - Applied Manufacturing Technologies (AMT), North Americas largest independent automation engineering company supporting manufacturers, robot companies, systems integrators, line builders and users of robotic automation worldwide, today announced the company has received the FANUC Growth Award for Authorized System Integrators. AMT is recognized for outstanding year-over-year robot sales growth in 2018.

The Growth Award for Outstanding Robot Sales is awarded annually at the FANUC Automated System Integrator (ASI) Conference. The 2018 recipients were announced in early 2019 at the 20th annual ASI Conference in Scottsdale, AZ.

"We sincerely value our decades-long relationship with AMT. They are widely recognized in industry for excellence in concepting, simulation, engineering, and execution of advanced robotic automation systems, said Dick Motley, director of FANUCs Authorized System Integrator group. Their contributions have improved manufacturing processes and helped maximize productivity for a wide range of customers. We look forward to supporting AMT's continued growth and success in delivering high-value automation solutions."

I am honored to accept this award on behalf of the AMT team, said Michael Jacobs, president and CEO of AMT. Our company is dedicated to staying at the forefront of manufacturing technologies, and our long partnership with FANUC has given us the tools and support we need to allow us to be successful in that mission.

AMT is a specialist in robotic material handling and custom machine building applications in a variety of industries, including automotive, food and beverage, consumer goods, packaging, aerospace, and tire and rubber. Headquartered in Orion, MI, AMTs team of 120 experienced and highly-trained robot automation engineers serve clients across North America and globally. The companys broad service offerings include engineering studies and design consulting, turnkey control systems, collaborative robots, and automation training. AMT also designs customized automated storage and retrieval systems (ASRS) to provide unique solutions to speed up and optimize the order fulfillment process for e-commerce fulfillment centers.

About Applied Manufacturing Technologies Founded in 1989, Applied Manufacturing Technologies is an industry leader in robot automation engineering, manufacturing systems integration, and turnkey industrial controls globally. More than 120 experienced and highly-trained controls and automation engineers with over 1,250 combined years of experience are engaged in automation projects across an array of industries. With a deep bench of experienced, innovative automation engineers, consultants, and programmers, AMT assists customers with projects at any stage of development, from conceptualization and design to troubleshooting and expansion. From AMTs Orion, Michigan headquarters, the company has engineered over 25,000 automation systems worldwide on 5,500 projects for over 600 customers. For more information, visit AMTs website, LinkedIn, Facebook and Twitter.

About FANUC America Corporation FANUC America Corporation is a subsidiary of FANUC CORPORATION in Japan, and provides industry-leading robotics, CNC systems, and factory automation. FANUCs innovative technologies and proven expertise help manufacturers in the Americas maximize productivity, reliability, and profitability.

FANUC America is headquartered at 3900 W. Hamlin Road, Rochester Hills, MI 48309, and has facilities in: Atlanta; Boston; Charlotte; Chicago; Cincinnati; Cleveland; Houston; Los Angeles; Minneapolis; Montreal; Pine Brook, NJ; Pontiac, MI; San Francisco; Seattle; Toronto; Buenos Aires, Argentina; Sao Paulo, and Manaus, Brazil; and Aguascalientes, Monterrey, and Queretaro, Mexico. For more information, please call: 888-FANUC-US (888-326-8287) or visit our website: http://www.fanucamerica.com.

(c) 2019 LANA Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (JPY)
Sales 2020 558 B
EBIT 2020 105 B
Net income 2020 93 094 M
Finance 2020 540 B
Yield 2020 1,79%
P/E ratio 2020 37,0x
P/E ratio 2021 28,0x
EV / Sales2020 5,22x
EV / Sales2021 4,64x
Capitalization 3 454 B
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Mean consensus UNDERPERFORM
Number of Analysts 22
Average target price 17 922,50  JPY
Last Close Price 17 925,00  JPY
Spread / Highest target 39,5%
Spread / Average Target -0,01%
Spread / Lowest Target -27,5%
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Managers
NameTitle
Yoshiharu Inaba Chairman & Chief Executive Officer
Kenji Yamaguchi President, COO & Representative Director
Yoshihiro Gonda CFO, Representative Director & Vice President
Hiroyuki Uchida Representative Director, CTO & Vice President
Katsuo Kohari Director & Senior Managing Executive Officer
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