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Fanuc shares plunge 19% as profit outlook falls short of expectations
Japanese robot maker Fanuc Corp. saw its shares tumble 19% on the Tokyo Stock Exchange, marking the steepest intraday decline since 1986. The drop followed the company's announcement that its full‑year operating profit forecast would rise to ¥218 billion, still below analysts' consensus of about ¥226 billion.
The miss reignited concerns over rising material costs – including semiconductors, electronic parts and shipping – that are pressuring margins across the manufacturing sector. Fanuc said it is working to secure supplies and cut costs, while noting a 37% surge in orders in the June quarter. The firm also highlighted its partnership with Nvidia and other Japanese industrial groups in AI‑driven factory applications.