Yaskawa Electric's president Masahiro Ogawa says the U.S. investment is aimed at faster delivery and local partnerships, while the business braces for potential 24% 'reciprocal' tariffs amid ongoing trade talks between U.S. and Japan.
Yaskawa Electric Looks To Rebound After A Protracted Downturn
Yaskawa Electric (YASKY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.