(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, 2018
July 25, 2018
Company name: FANUC CORPORATION
Stock exchange listing: Tokyo Stock Exchange
Stock code:6954
URL: https://www.fanuc.co.jp
Representative: (Title) Chairman(Name) Yoshiharu Inaba
Contact:(Title) Manager, Public Relations (Name) Keisuke Fujii TEL: (0555)84－5555
Scheduled date of filing quarterly report: August 9, 2018
Scheduled date of commencing of dividend payments: Availability of supplementary briefing material on quarterly financial results: Available
Schedule of quarterly financial results briefing session: Scheduled
1. Consolidated Financial Results for the Three Months Ended June 30, 2018 (April 1, 2018 –June 30, 2018)(1) Consolidated Results of Operations(% represents changes from the previous corresponding Three-month period.)
Net income
Three months
NetsalesOperatingincomeOrdinary
incomeattributableto owners
ended June 30of parent
Millions of yen%

Millions of yen%

2018
182,835
8.5
54,4937.9
2017168,490
32.1
50,521
20.6
Note: Consolidated comprehensive income:April-June 2018
April-June 2017
Three months
ended June 30

Net income
per share

Net income
per share(diluted)

Yen

Yen

2018
2017

230.73210.65

Millions of yen%

Millions of yen

60,7629.0
55,74634.1¥43,495 million(4.0)%¥45,313 million–%

44,72440,836%9.5
35.0——(2) Consolidated Financial Position
Total assets
Millions of yen

Net assets

Equity ratio

Millions of yen%

June 30, 2018
1,670,455
1,453,124
March 31, 2018
1,728,227
1,467,630(Reference) Equity: June 30, 2018: ¥1,447,275 million

86.6
84.6
March 31, 2018: ¥1,461,590 million

2. Dividends
Dividends per share
1st Quarter

2nd Quarter

3rd Quarter

Year-end
Dividends

Full year

Yen

Yen

Yen

Yen

Yen

2017
265.45297.75563.20――2018―2018――――(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, 2019, will be
disclosed promptly upon their availability.

3. Consolidated Financial Forecasts for the Year Ending March 31, 2019 (April 1, 2018 – March 31, 2019)(% for the 2Q cumulative period and for the full year represent changes from the same quarter of the previous
fiscal year and changes from the previous fiscal year)
Net income
Net income
Net sales
Operating income
Ordinary income
attributable toper shareowners of parentMillions of yen%

Millions of yen%

Millions of yen%

2nd Quarter
336,000(3.3)
92,700 (13.7)
101,500 (14.3)(Cumulative)
637,400 (12.3)
159,400 (30.6)
173,800 (30.3)
Fiscal period
Note: We have changed the forecasts of financial results from the latest ones.

Millions of yen%

Yen

75,800 (11.6)

391.05145,200 (20.2)

749.08*Notes(1) Changes in Significant Subsidiaries during the period(changes in specific subsidiaries that caused change in scope of consolidation) :No(2) Adoption of Simplified and Specifically Applied Accounting Method for Quarterly:
Consolidated Financial ReportingNo(3) Changes in Accounting Principles and Accounting Estimates, and Revisions/Restatements
1. Changes associated with changes in accounting standards: No

2. Changes in accounting principles other than 1: No

3. Changes in accounting estimates: No

4. Revisions/restatements: No(4) Number of shares outstanding (Common shares)
1. Number of shares outstanding at the end of the period (including treasury stocks)
204,040,771
June 30, 2018
March 31, 2018
shares
2. Number of treasury stocks
June 30, 2018

204,059,017shares

10,203,789
sharesMarch 31, 201810,220,284
shares

3. Average number of shares during the period
193,837,377
April-June, 2018
sharesApril-June, 2017

193,854,349
shares＊ The report of the quarterly financial results is not subject to audit by certified public accountant or audit firm.
＊ 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 from theseforecasts. The forecasts of the 2nd quarter-end and the year-end dividends for the year ending March 31,2019, will be disclosed promptly upon their availability.

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

2(1)Results of Operations

2(2)Financial Position

3(3)Financial Results Forecasts

3

２．Consolidated Quarterly Financial Statements(1)

Consolidated Quarterly Balance Sheet(2)

Consolidated Quarterly Statement of Income and4

Consolidated Quarterly Statements of Comprehensive Income

6

Consolidated Quarterly Statement of Income

6

Consolidated Quarterly Statements of Comprehensive Income

7

３．Other Information8(1)Changes in Significant Subsidiaries during the period(2)

Adoption of Simplified and Specifically Applied Accounting
Method for Quarterly Consolidated Financial Reporting

(3)

488

Changes in Accounting Principles and Accounting Estimates, andRevisions/Restatements8(4)Additional Information

8(5)Note on Premise of a Going Concern8(6)Note on the Substantial Change in Shareholders’ Equity811. Results of Operations and Financial Position(1) Results of Operations

The FANUC Group’s results for the first quarter (April to June 2018) are as follows.
In the FA Division, demands in the machine tool industry, the primary market for FANUC CNC systems,
remained at a high level in Japan, Asia including China, and Europe. Especially, the market began afull-scale expansion in India. With regard to our lasers, although sales remained sluggish both domesticallyand abroad, we continued focusing efforts on expanding sales of fiber laser oscillators. As a result, net sales
in the FA Division increased sharply compared with the corresponding period of the previous fiscal year.
In the Robot Division, although the automobile industry saw a trough in capital investments mainly in theAmericas, sales to the general industries remained favorable. By region, the Americas became a littleweaker, but Japan remained unchanged and Europe and China remained favorable. As a result, sales in theRobot Division increased compared with the corresponding period of the previous fiscal year.
In the Robomachine Division, sales of the ROBODRILLs (compact machining centers) decreased
significantly compared with the first quarter of the previous year in which the short-term demand in theIT-related industry was robust, but other markets, mainly the automobile part processing market, generally
remained favorable. On the other hand, sales of the ROBOSHOTs (electric injection molding machines) andthe ROBOCUTs (wire-cut electric discharge machines) remained at a high level.
Amidst such circumstances, the FANUC Group, under the slogans, “one FANUC,” “Reliable,”“Predictable,” “Easy to Repair,” and “Service First,” united as one group to promote the provision of ourhighly reliable products and related services, in order to empower our customers to build and maintainefficient and innovative production systems. In addition, while proceeding with the application of AI
technology to our products, we made efforts to enhance functions of and spread the FIELD system (FANUCIntelligent Edge Link and Drive system), an open platform in which various companies can participate thatstarted operation in October 2017, as an IoT initiative.
As a result, during the three months from April to June 2018, FANUC posted consolidated net sales
totaling ¥182,835 million, up 8.5%, consolidated ordinary income totaling ¥60,762 million, up 9.0%, andconsolidated net income totaling ¥44,724 million, up 9.5%, compared with the corresponding period of theprevious fiscal year.
Looking at the performance by business group, the FA Division posted consolidated sales totaling¥60,852 million, up 24.4%, the Robot Division posted consolidated sales totaling ¥58,541 million, up 7.3%,
the Robomachine Division posted consolidated sales totaling ¥41,975 million, down 5.7%, and the Service
Division posted consolidated sales totaling ¥21,467 million, up 4.9%, compared with the corresponding
period of the previous fiscal year.

(Note): “Net income” in “Results of Operations and Financial Position” means “Net income
attributable to owners of parent” in the Consolidated Statement of Income.

2(2) Financial Position
Total assets were ¥1,670,455 million, down ¥57,772 million compared with the end of the previous fiscal
year.
Total liabilities were ¥217,331 million, down ¥43,266 million compared with the end of the previous fiscalyear.
Total net assets were ¥1,453,124 million, down ¥14,506 million compared with the end of the previous
fiscal year.
We cancelled our treasury shares exceeding the 5% of the total number of issued shares (18,246 shares,¥163 million) on May 31, 2018 based on the shareholder return policy we announced on April 27, 2015.
(There was no effect on the amount of total net assets.)(3) Financial Results Forecasts
The robust short-term demand in the IT-related industry during the previous fiscal year is not expected at
this point in time. It is also anticipated that the situation will remain difficult and unpredictable in general, due
to uncertain factors including continuing trade friction between countries and its impact, as well as foreignexchange fluctuations.
The present forecast for consolidated financial results for the year ending March 31, 2019 is as follows:

For the first half of the fiscal year 2018 (April 1, 2018 through September 30, 2018)(Millions of yen)

Net sales
Operating income
Ordinary income
Net income

Previous forecast(released on
April 26, 2018)
321,300
84,10088,00065,800

New forecast

Comparison with
Previous forecast (%)

336,000
92,700101,500
75,800

4.6
10.2
15.3
15.2

For the fiscal year 2018 (April 1, 2018 through March 31, 2019)(Millions of yen)

Net sales
Operating income
Ordinary income
Net income

Previous forecast(released on
April 26, 2018)634,200
151,700
163,800
137,700

New forecast

Comparison with
Previous forecast (%)

637,400
159,400
173,800
145,200

0.5
5.1
6.1
5.4

Note: The currency rate applied to the period from July 1, 2018 to March 31, 2019 is averaged at 100yen/US dollar and 125 yen/Euro.

3

2. Consolidated Quarterly Financial Statements(1) Consolidated Quarterly Balance Sheet(Millions of yen)March 31, 2018

June 30, 2018

Cash and bank deposits

602,329569,619

Notes and accounts receivables, trade

175,460

139,151

Marketable securities

145,000

145,000

Finished goods

71,68068,036Work in progress

56,40557,167

Raw materials and supplies

22,033

26,170

Other current assets

30,03017,412

Allowance for doubtful accounts(1,424)(1,405)

1,101,513

1,021,150

Buildings

230,204

232,366

Land

143,036

143,117

AssetsCurrent assets

Total current assets
Noncurrent assets
Property, plant and equipment

Other, net

112,637

133,662

Total property, plant and equipment

485,877

509,145

7,064

6,927

Investment securities

89,94687,282Others44,19846,357

(371)

(406)

133,773

133,233

626,714649,305

1,728,227

1,670,455

Intangible assets
Investments and other assets

Allowance for doubtful accounts
Total investments and other assets
Total noncurrent assets
Total assets

4

(Millions of yen)March 31, 2018

June 30, 2018

52,901
46,466
7,047
83,68645,09917,867
7,666
76,143

190,100

146,775

67,562
2,935

67,6262,930

70,49770,556

260,597

217,331

69,01496,26569,01496,265

1,398,977(91,020)

1,385,823(90,901)

Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive
incomeNon-controlling interests

1,473,236

1,460,201

13,09011,975(619)(24,117)(1,112)(23,789)(11,646)(12,926)

6,040

5,849

Total net assets

1,467,630

1,453,124

1,728,227

1,670,455

Liabilities
Current liabilities
Notes and accounts payables, trade
Accrued income taxes
Warranty reserves
Other current liabilities
Total current liabilities
Long-term liabilities
Net defined benefit liability
Other long-term liabilities
Total long-term liabilities
Total liabilities
Net assets
Shareholders' equity
Common stock
Capital surplus
Retained earnings
Treasury stock, at cost

Total liabilities and net assets

5(2) Consolidated Quarterly Statement of Income andConsolidated Quarterly Statement of Comprehensive Income
Consolidated Quarterly Statement of Income(Millions of yen)Three months ended
June 30, 2017

Three months ended
June 30, 2018

Net sales
Cost of goods sold168,490
94,944

182,835
103,385

Gross profit

73,54679,450

Selling, general and administrative expenses

23,025

24,957

Operating income

50,52154,493Foreign exchange gains
Miscellaneous income

738
615
2,997
523
713

972
534
3,515
1,792
622

Total non-operating income

5,586

7,435

202

376

44
115

485
305

Non-operating income
Interest income
Dividends income
Equity in earnings of affiliates

Non-operating expenses
Loss on sales and retirement of noncurrent
assetsLoss on removal of noncurrent assets
Miscellaneous expenses
Total non-operating expenses

361

1,166

Ordinary income
Income before income taxes

55,746

60,76255,746

60,762

Income taxes-current
Income taxes-deferred

14,583

14,597202

1,330

Total taxes and others

14,785

15,927

Net income

40,961

44,835125

111

40,83644,724

Net income attributable to non-controlling interests
Net income attributable to owners of parent

6

Consolidated Quarterly Statement of Comprehensive Income(Millions of yen)Three months ended
June 30, 2017
Net income

Three months ended
June 30, 2018

40,961

44,835329(1,115)

Foreign currency translation adjustment

2,521

774

Remeasurements of defined benefit plans

3,173

328

(1,671)(1,327)

4,352(1,340)45,31343,49545,31743,445(4)50

Other comprehensive income
Valuation difference on available-for-salesecurities

Share of other comprehensive income of affiliates
accounted for using equity method
Total other comprehensive income
Comprehensive income for the three months ended
June 30
Comprehensive income attributable to:
Owners of parent
Non-controlling interests73. Other Information(1) Changes in Significant Subsidiaries during the period(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:

None(4) Additional Information(Application of Partial Amendments to Accounting Standard for Tax Effect Accounting, etc.)
Partial Amendments to Accounting Standard for Tax Effect Accounting (ASBJ Statement No. 28 ofFebruary 16, 2018) and other new rules have been applied since the beginning of this three-month
period ended June 30, 2018. “deferred tax assets” are reflected in “investments and other assets”
and “deferred tax liabilities” are reflected in “long-term liabilities.”(5) Note on Premise of a Going Concern:

None(6) Note on the Substantial Change in Shareholders’ Equity:None8