Japan machine-makers avoid the caterpillar crawl

Business | ANALYSIS Oct 30, 2018

Japan machine-makers avoid the caterpillar crawl

by Anjani Trivedi

What's that whirring noise? It's Japan's machinery-makers at work, in contrast to investors' expectations. Results from Fanuc Corp. and Komatsu were a mixed bag Monday. Factory-automation giant Fanuc reported an 8.4 percent drop in fiscal first-half operating income and saw its shares rise, while construction-equipment-maker ...