Yaskawa Electric says it has achieved a staggering 150 per cent growth in net profit for the period from April to September, compared with the same period last year, according to a report on Nikkei.
Nikkei says Yaskawa’s profits for the period were $184 million, beating its own previous records.
Yaskawa, which also owns the Motoman brand of industrial robot, says most of the growth was due to increased orders for automation equipment from China, Japan and the US. [Read more…] about Yaskawa Electric reports stunning 150 per cent more profits with robotics and automation leading the way