(TRANSLATION)
This document has been translated from the Japanese original for reference purposes only. In the event of any
discrepancy between this translated document and the Japanese original, the original shall prevail. The Company
assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from thetranslation.

Consolidated Quarterly Financial Results (based on Japanese standards)
For the three months ended June 30, 2016
July 27, 2016
Stock exchange listing: Tokyo Stock Exchange
URL http://www.fanuc.co.jp(Name) Yoshiharu Inaba(Name) Keisuke Fujii
Tel: (0555) 84-5555

Company name:
FANUC CORPORATION
Stock code:6954
Representative: (Title) Chairman and CEO
Contact:(Title) Manager, Public Relations

1. Consolidated Financial Results for the Three months Ended June 30, 2016 (April 1, 2016 – June30, 2016)(1) Consolidated Results of Operations(% represents change from the corresponding previous three months period)
Net income
Three months ended
attributabletoNet sales
Operating income
Ordinary income
June 30
shareholders ofparent company
Millions of yen%

Millions of yen% Millions of yen

127,582 (35.4)
41,905 (43.3)
41,570
197,420
20.9
73,962
11.4
78,716
Note: Comprehensive income April-June 2016(¥1,347 million)
April-June 2015
¥56,759 million
2016
2015

Three months ended
June 30

Net income pershare(40.4)
12.3%

Diluted net income
per share

Yen

Yen

155.92259.482016
2015% Millions of yen(47.2)
30,24013.1
50,765－25.9%

──(2) Consolidated Financial Position
Total assets

Net assets

Millions of yen

Equity ratio

Millions of yen%

1,433,395
1,279,546
88.9
1,512,895
1,334,910
87.8
Equity: June 30, 2016
March 31, 2016 ¥1,328,483 million¥1,273,795 million

June 30, 2016
March 31, 2016
(Ref.)

2. Dividends
1stquarter
YenDividends per share
2nd
3rdYear-endquarter
quarter
Dividends
Yen

Yen

Yen

Full year
Yen

2015
－
281.86－208.21490.072016－
2016(forecast)－－－－
Note: We have not changed the forecasts of dividends from the latest ones.
Note: The forecasts of the 2nd quarter-end and year-end dividends for the year ending March 31, 2017,
will be disclosed promptly upon their availability.

3. Consolidated Financial Results Forecasts for the Year Ending March 31, 2017 (April 1, 2016 –March 31, 2017) (% represents change from the same period of the previous year.)
Net income
Net
attributable toNet sales
Operating income
Ordinary income
incomeshareholders ofparent company per share
Millions of yen% Millions of yen% Millions of yen% Millions of yen

2nd Quarter
252,300 (27.9)
75,000 (41.1)
77,800 (43.1)
56,300(Cumulative)
Fiscal period
508,800 (18.4)
134,100 (37.8)
142,500 (37.9)
103,300
Note: We have changed the forecasts of financial results from the latest ones.

%Yen(38.7)

290.29(35.3)

532.63*Notes(1) Important changes in scope of consolidation during the period(Changes in certain subsidiaries requiring changes in scope of consolidation) :No(2) Application of the accounting method specific to quarterly consolidated :financial statements

No(3) Changes in accounting principles and accounting estimates, and revisions/restatements
1. Changes associated with changes in accounting standards：

Applicable

2. Changes in accounting principles other than 1：

No

3. Changes in accounting estimates：

No

4. Revisions/restatements： No
Note: For details, please see “3. Other Information (3) Changes in accounting principles andaccounting estimates, and revisions/restatements” on Page 7 in Attachment.

(4) Number of shares outstanding(Common share)
1

Number of shares outstanding at the end of the period(including treasury stocks)
204,072,715
June 30, 2016
March 31, 2016
shares2

Number of treasury stocks
June 30, 2016

3

Average number of shares during the period
193,943,543
April-June 2016
shares

10,204,864
shares

205,942,215
sharesMarch 31, 2016

11,300,237
sharesApril-June 2015

195,641,499
shares＊ Status of quarterly review
These quarterly financial results are not subject to the quarterly review based on the Financial Instruments
and Exchange Law. The review process for the quarterly financial statements based on the Financial
Instruments and Exchange Law has not been completed at the time of the disclosure of these results.
＊ Statements on the proper use of financial forecasts and other special notes
Any forecasts described in this report are subject to uncertain factors such as supply and demand trends,
industry competition, economic conditions, and others in major markets. Actual results may differ fromthese forecasts. With regard to the forecasts of the second quarter-end and year-end dividends for theyear ending March 31, 2017, we expect to disclose them promptly after we become able to disclose them.

Table of Contents of Accompanying Documents
1. Results of Operations and Financial Position(1) Result of Operations

22

(2)

Financial Position

2(3)Financial Results Forecasts

3

2. Consolidated Quarterly Financial Statements

4(1)Consolidated Quarterly Balance Sheet(2)

Consolidated Quarterly Statement of Income and Consolidated 5Quarterly Statement of Comprehensive Income
Consolidated Statement of Income for the Three Months fromApril to June 201645

Consolidated Statement of Comprehensive Income for the Three
Months from April to June 2016
63.

Other Information

7(1)Changes in Significant Subsidiaries during the period7(2)Adoption of Simplified and Specifically Applied Accounting
Method for Quarterly Consolidated Financial Reporting

7(3)Changes in accounting principles and accounting estimates, andrevisions/restatements
7(4)Note on Premise of a Going Concern7(5)Note on the Substantial Change in the Shareholders’ Equity7Supplement to Consolidated Financial Results

181. Results of Operations and Financial Position(1) Results of Operations
The FANUC Group’s results for the first quarter (April to June 2016) are as follows.
In the FA Division, the machine tool industry (the primary market for our CNC systems), in China,
remained stagnant as a whole, though there were increases in short-term demands. Also, in Taiwanand Korea, which are deeply involved in the Chinese market, and other various Asian economies
including Japan, the FA Division continued to experience severe difficulties. Under such circumstances,
net sales in the FA Division decreased compared with the corresponding period of the previous fiscal
year.
In the Robot Division, sales still continued to be high in the Americas and Europe despite a trough infacility investments in the automobile industry, etc., and sales remained positive in China as well. In
addition, sales, particularly to the automobile industry, remained steady in Japan.
In the ROBOMACHINE Division, although demands for ROBODRILL (small machining center) fromthe automobile industry in Japan and Europe/USA were steady, sales decreased significantly comparedwith the first quarter of the previous fiscal year during which there were still short-term IT-related
demands. In addition, sales of both ROBOSHOTs (electric injection molding machine) and ROBOCUTs(wire-cut electric discharge machine) continued to be sluggish.
Under these circumstances, the FANUC Group strived to make customers trust our products andservices to an even greater extent, by becoming united as one group under the slogans “one FANUC,”“Reliable / Predictable / Easy to Repair,” and “Service First,” accelerated adaptation to IoT, and madeevery effort to stabilize and develop our business.
As a result, at the end of the first quarter of the current fiscal year, FANUC posted consolidated
net sales totaling ¥127,582 million, down 35.4%, consolidated ordinary income totaling ¥41,570
million, down 47.2%, and consolidated net income totaling ¥30,240 million, down 40.4%,
compared with the corresponding period of the previous fiscal year.
Looking at the performance by business group, the FA Group posted consolidated sales
totaling ¥40,690 million, down 22.3%, the Robot Group posted consolidated sales totaling ¥42,095
million, down 7.3%, the ROBOMACHINE Group posted consolidated sales totaling ¥26,279 million,down 67.1%, and the Service Group posted consolidated sales totaling ¥18,518 million, down
6.4%, compared with the corresponding period of the previous fiscal year.

※ “Net income” in “Results of Operations and Financial Position” means “Netincome attributable to shareholders of parent company” in the Statement ofIncome.
(2)

Financial Position

Total asset decreased ¥79,500 million to ¥1,433,395 million compared with the end of theprevious fiscal year. The main decrease is ¥71,251 million in cash and deposits.
Total liabilities decreased ¥24,136 million to ¥153,849 million compared with the end of theprevious fiscal year.
Total net assets decreased ¥55,364 million to ¥1,279,546 million from the end of the previous
fiscal year.
We cancelled our treasury shares exceeding the 5% of the total number of issued shares(1,869,500 shares, ¥13,379 million) on June 8, 2016 based on the shareholder return policy weannounced on April 27, 2015. (There was no effect on the amount of total net assets.)2(3) Financial Results Forecasts
In consideration of the occurrence of increases in short-term demands for our CNC systems in China in
the first quarter of the current fiscal year and other factors, the latest consolidated financial forecasts atpresent are as follows.
For the first half of the fiscal year 2016(April 1, 2016 through September 30, 2016)
Previous forecast(released on
April 27, 2016)
Net sales
Operating income
Ordinary income
Net income

New forecast(Millions of yen)Comparison with
Previous forecast(%)

245,600

252,300

2.7

60,90075,00023.266,400

77,80017.2

49,10056,30014.7

For the fiscal year 2016(April 1, 2016 through March 31, 2017)
Previous forecast(released on
April 27, 2016)
Net sales
Operating income
Ordinary income
Net income

New forecast(Millions of yen)Comparison with
Previous forecast(%)

505,700

508,800

0.6

117,300

134,100

14.3

128,100

142,500

11.2

93,700103,300

10.2.
Note: The currency rate applied to the period from July 1, 2016 to March 31, 2017 is averaged at 100 yen/US dollar
and 110 yen/euro.

3

2. Consolidated Quarterly Financial Statements(1) Consolidated Quarterly Balance Sheet(Millions of Yen)
March 31, 2016
AssetsCurrent assets:
Cash and deposits
Notes and accounts receivable – tradeSecurities
Merchandise and finished goods
Work in process
Raw materials and supplies
Deferred tax asset
OthersAllowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment
Land
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
OthersAllowance for doubtful accounts
Total investments and other assets
Total noncurrent assets
Total assets
Liabilities
Current liabilities:
Notes and accounts payable – trade
Income taxes payable
Warranty reserves
OthersTotal current liabilities
Noncurrent liabilities:
Liability related to retirement benefits
OthersTotal noncurrent liabilities
Total liabilities
Net assets
Shareholders’ equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment
Accumulated adjustment to retirement benefits
Total accumulated other comprehensive
incomeNon-controlling interests
Total net assets
Total liabilities and net assets

4June 30, 2016

686,662
100,307
145,000
52,736
39,206
11,124
23,107
16,196(1,568)1,072,770

615,41188,530145,000
51,99040,6299,343
17,987
13,136(1,336)980,690

131,800
220,260
352,060
3,875

130,854
237,322368,176
3,852

65,80918,382(1)
84,190440,125
1,512,895

59,95820,720(1)80,677452,705
1,433,395

24,815
17,1996,676
57,426106,116

25,486
10,097
6,297
41,10382,983

68,346
3,523
71,869177,985

67,272
3,594
70,866
153,849

69,01496,206
1,269,557(90,574)
1,344,203

69,01496,206
1,245,892(90,444)
1,320,668

4,391

4,096

5,974
(26,085)(15,720)(25,518)(25,451)(46,873)

6,427
1,334,910
1,512,895

5,751
1,279,546
1,433,395

(2) Consolidated Quarterly Statement of Income
and Consolidated Quarterly Statement of Comprehensive Income
Consolidated Statement of Income for the Three Months from April to June 2016
(Millions of Yen)
Three months ended June 302015
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividends income
Investment profit on equity method
Miscellaneous income
Total non-operating income

2016

197,420
101,137
96,28322,32173,962

127,582
67,07560,507
18,602
41,905

625
477
3,018
868

604
491
2,349
438

4,988

3,882

Foreign exchange losses
Miscellaneous expenses

─
234

3,578

Total non-operating expenses

234

4,217

Ordinary income

78,716

41,570

Income before income taxes
Income taxes-current
Income taxes-deferred
Total taxes and others
Net income

78,71624,1723,51227,684
51,032

41,5709,238
2,001
11,23930,331267

91

50,76530,240Non-operating expenses

Net income attributable to non-controllinginterests
Net income attributable to shareholders ofparent company

5639

Consolidated Statement of Comprehensive Income for the Three Months from April to June 2016
(Millions of Yen)
Three months ended June 30

Net Income
Other Comprehensive Income
Valuation difference on
available-for-sale securities
Foreign currency translation adjustment
Adjustment to retirement benefit
Share of other comprehensive income ofaffiliates accounted for using equity methodTotal other comprehensive income
Comprehensive income for the three months
ended June 30
Comprehensive income attributable to:
Owners of parent
Non-controlling interests

62015

2016

51,03230,331

(355)

(295)

7,352
(1,476)(28,517)634

206(3,500)5,727(31,678)

56,759(1,347)56,446
313

(914)
(433)

3.

Other Information(1) Changes in Significant Subsidiaries during the Three Months Ended
June 30, 2016(changes in specific subsidiaries that caused change in scope ofconsolidation):

None(2) Adoption of Simplified and Specifically Applied Accounting Methodfor Quarterly Consolidated Financial Reporting:None(3) Changes in accounting principles and accounting estimates, andrevisions/restatements:
Changes in accounting principles(Application of Accounting Standard for Business Combinations
and other standards)
Following the amendment to the Corporation Tax Act, FANUCCORPORATION has adopted the " Practical Solution on a changein depreciation method due to Tax Reform 2016 (PITF No.32, June17, 2016)" effective from the first quarter of the consolidated fiscal
year under review. The depreciation method for building fixturesand structures purchased on or after April 1, 2016 has beenchanged from the declining-balance method to the straight-line
method.
The impact on the profit/loss of the first quarter is negligible,respectively.
(4) Note on Premise of a Going Concern:

None(5) Note on the Substantial Change in Shareholders’ Equity:
Based on a resolution approved at a meeting of the Board ofDirectors held on May 27, 2016, the Company cancelled 1,869,500
shares of treasury stock on June 8, 2016. As a result, retained
earnings decreased by ¥13,379 million, and treasury stock
decreased by ¥13,379 million, respectively.

7Supplement to Consolidated Financial Results
1 Consolidated Results(April ～ June, 2016)
1)Net income
30.2 billion yen (40% down from the same period of last year)2)Net sales

127.6 billion yen (35% down from the same period of last year)3)Operating income
41.9 billion yen (43% down from the same period of last year)
Ordinary income
41.6 billion yen (47% down from the same period of last year)
Ordinary income to net sales ratio
32.6%4)Sales by GroupFA
Robot
Robomachine
Service40.7 billion yen (22% down from the same period of last year)
42.1 billion yen (7% down from the same period of last year)
26.3 billion yen (67% down from the same period of last year)
18.5 billion yen (6% down from the same period of last year)5)Orders

140.8 billion yen (22% down from the same period of last year)

2 Consolidated Results Forecast for the Year ending March 31, 2017
(April 1, 2016 ～ March 31, 2017)
Net sales
508.8 billion yen (18% down from the same period of last year)
Operating income 134.1 billion yen (38% down from the same period of last year)
Ordinary income 142.5 billion yen (38% down from the same period of last year)
Net income
103.3 billion yen (35% down from the same period of last year)
3 Quarterly Changes of Consolidated Financial Results (Hundred Millions of yen)

Net sales
Ordinaryincome
Net income

April-June
2015

July-September2015

OctoberDecember 2015

JanuaryMarch 2016

April-June2016※ “Net income” in this Supplement means “Net income attributable to shareholders ofparent company.”8