April 27, 2015

Consolidated Annual Financial Results
For the Year ended March 31, 2015
Corporate name:
FANUC CORPORATION
Stock code:
6954
Stock exchange listing:Tokyo Stock Exchange
URL:
http://www.fanuc.co.jp/
Representative:
Yoshiharu Inaba, President and CEO
Contact:
Keisuke Fujii, Manager, Public Relations
Annual Meeting of Shareholders: June 26, 2015
Start of cash dividend payments: June 29, 2015

TEL (0555)84－5555

1. Consolidated Financial Results for the Year Ended March 31, 2015 (April 1, 2014 – March 31, 2015)(1) Consolidated Results of Operations
Net sales
Operating income
Ordinary income
Net income
Millions of yen

YoYchange%Millions of yen

YoYchange%Millions of yen

YoYchange%Millions of yen

YoYchange%2014729,760
61.8
297,83981.5
311,95178.9
207,59987.1
2013
450,976(9.5)
164,134(11.2)
174,360(8.8)
110,930(7.9)
Note: Consolidated comprehensive income for the year ended March 31, 2015 is ¥235,351 million, up 60.9%,
and for the year ended March 31, 2014 is ¥146,267 million, down 1.6%.
Operating
Ordinary
Net income
Net income
per share
income-to-net
Return on equity
income-to-total
per share(diluted)sales ratio
capital ratio
Yen

％

Yen

％

％

2014
1,061.02
16.1
21.1
40.8
2013
566.86
9.7
13.6
36.4
Note: Investment profit/(loss) on equity method for the year ended March 31, 2015 is ¥9,886 million
and for the year ended March 31, 2014 is ¥5,452 million.
(2) Consolidated Financial Position
Net assets
Total assets
Net assets
Equity ratio
per share
Millions of yen％

Millions of yen

Yen

2014
1,611,626
1,386,695
85.6
2013
1,343,904
1,199,863
88.8
Note: Equity capital for the year ended March 31, 2015 is ¥1,379,177 million
and for the year ended March 31, 2014 is ¥1,194,032 million.
(3) Consolidated Cash Flow Position
Net cash provided by Net cash provided by Net cash provided by(used in) operating(used in) investing(used in) financing
activities
activities
activities
Millions of yen

2014
2013

Millions of yen

222,912125,559

Millions of yen(24,926)(16,468)

7,049.39
6,102.20

Cash and cash
equivalents at end of
periodMillions of yen(47,314)(31,929)991,236
823,669

2. Dividends
Dividends per share(Cut-off date）

1st
Quarter

2nd
Quarter

3rd
Quarter

Yen

Yen

Yen

Year-end
Full year
Dividends
Yen

Yen

Total
amount ofdividends(full year)

Payoutratio(consoli
dated)

Dividendstonet assets
Ratio

Millions of yen

％

％

2013
―
76.80
―
93.26
170.0633,278
30.0
2.9
2014
―
144.69―491.93636.62
124,554
60.0
9.6
2015
―
―
―
―
―
―
（forecast）
Note: The forecasts of the 2nd quarter-end and year-end dividends for the year ending March 31, 2016, will be
disclosed promptly upon their availability.

3. Consolidated Financial Forecasts for the Year Ending March 31, 2016
(April 1, 2015 – March 31, 2016)

Net sales

Millions of yen

Operating income％

Millions of yen％

Net income
attributable toshareholders ofparent company

Ordinary income

Millions of yen％

Millions of yen

2nd Quarter
384,000
12.0
159,400
15.2
166,900
15.1
114,100(Cumulative)
Fiscal period
680,100(6.8)
264,600(11.2)
279,400 (10.4)
191,200
Note: “%” denotes the increase/decrease against the same period of the previous year.
*Notes(1) Changes in significant subsidiaries during the year ended March 31, 2015(changes in specific subsidiaries that caused change in scope of consolidation) :Net income
per share

％

Yen

20.9

583.20(7.9)

977.28None(2) Changes in accounting policies, changes in accounting estimates, and restatement of revisions
1. Changes in accounting policies with revision of accounting standards: Yes

2. Changes in accounting policies other than the above: None3. Changes in accounting estimates: None4. Revision restatements: NoneNote: For more details, please see “Changes in accounting principles” on Page 15 in Attachment.
(3) Number of shares outstanding（Common shares）
1. Number of shares outstanding at the end of the period（including treasury stocks）
239,508,317
239,508,317
March 31, 2015
March 31, 2014
sharesshares
2. Number of treasury stocks
March 31, 2015

43,863,212
sharesMarch 31, 2014

43,836,033
shares

3. Average number of shares during the period
195,660,546
March 31, 2015
sharesMarch 31, 2014

195,692,880
shares(Reference) Summary of Non-Consolidated Financial Results

1. Non-Consolidated Financial Results for the Year Ended March 31, 2015 (April 1, 2014 – March 31, 2015)(1) Non-Consolidated Results of Operations
Net sales
Operating income
Ordinary income
Net income％

Millions of yen

2014
2013

2014
2013

Millions of yen％

Millions of yen

554,44870.9
324,469 (20.3)

230,42788.6
122,194 (24.9)

Net income
per share

Net income
per share(diluted)

Yen

Yen

926.74444.56-

264,534
133,428％98.3(22.6)

Millions of yen％

181,327 108.4
86,998 (21.8)

(2) Non-Consolidated Financial Position
Total assets

Net assets

Equity ratio

Net assets
per share

Millions of yen

Millions of yen

％

Yen

2014
1,317,514
1,160,363
88.1
2013
1,118,523
1,025,253
91.7
Note: Equity capital for the year ended March 31, 2015 is ¥1,160,363 million
and for the year ended March 31, 2014 is ¥1,025,253 million.

5,930.96
5,239.64＊ This report of the annual financial results is not subject to auditing in accordance with the Financial
Instruments and Exchange Act. At the time of the disclosure of these results, the financial statements herein
have not been audited.
＊ 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 these
forecasts. With regard to the financial forecasts, please refer to “② Financial forecast for the year ending
March 31, 2016” on Page 3 in Attachment. The forecasts of the 2nd quarter-end and the year-end dividends
for the year ending March 31, 2016, will be disclosed promptly upon their availability.

Attachment
Table of Contents
1.

Business Results……………………………………………………………….
(1) Analysis of Business Results…………………………………………….

22(2) Analysis of Financial Status………………………………………………

3(3) Basic Policy on Return of Profit to Shareholders andDividends for the Current Fiscal Year…………..…………………..

4

Management Policy …………………………………………………………

5(1) Basic Management Policy……………………………………………….

5(2) Challenges…………………………………………………………………

5

3.

Basic Way of Thinking Regarding the Choice of Accounting Standards…

6

4.

Consolidated Financial Statements ……………………………………….
(1) Consolidated Balance Sheet ………………………………………….

7
7

2.

(2) Consolidated Statement of Income andConsolidated Statement of Comprehensive Income ……………..

8(3) Consolidated Statements of Changes in Shareholders’ Equity ……..
(4) Consolidated Statement of Cash Flow …………………………….…

1014(5) Notes to Consolidated Financial Statements………………………..

15(Note on the basis for the concern assumed to be ongoing) ……

15(Changes in accounting principles) …………………………………
(Segment Information etc.) ……………………………………..…...

15
15(Information per share) ……………………………………….…..….

16(Significant subsequent events)…………………………………….

16(Lease transactions, Marketable securities,
Derivative transactions, Business combinations, and etc.).….....

16

Supplement to Consolidated Financial Results ……………………………...

17

1

1. Business Results(1) Analysis of Business Results① Business Results for the Period Ending March 31, 2015
The world economy improved during this period with continuous recovery and expansion in theAmericas and signs of revitalization becoming prevalent in Europe. In Asia, despite risks of a downturnin China, the economy recovered mildly. The economy in Japan witnessed a mild upward trend as well.
In markets surrounding the FANUC Group, an upsurge in capital investments in the machine toolindustries in Japan and Asia, as well as in the automotive industry in the Americas, propelled demands,
and demands continued to flow in vigorously from a segment in the IT industry throughout the period.
Against such a background, the FANUC Group has intensified its unity in endeavoring to attain stability
and prosperity in its business, as well as to win more trust from customers regarding our products andservices.
As a result, during the fiscal year ended March 31, 2015, FANUC posted consolidated net sales totaling¥7,297,60 million, up 61.8%, consolidated ordinary income totaling ¥311,951 million, up 78.9%, andconsolidated net income totaling ¥207,599 million, up 87.1%, compared with the previous fiscal year.
This year, we acquired new land for factories in Mibu-machi, Tochigi Prefecture, in order to fortify our
future production capacity.
The following is a summary of the results for each business division:[FA Division]
The machine tool industry, the primary market for FANUC CNC systems, entertained high demands not
only in Japan but in Asian countries, namely, China. Demands increased steadily in Europe as well.
FANUC laser sales remained the same domestically and abroad.
The FA Division posted consolidated sales of ¥252,585 million, up 13.4 % compared with the previous
fiscal year, and FA Division sales accounted for 34.6 % of consolidated net sales.

[Robot Division]
In overseas markets, the sales of robots continued to increase in the American markets and remained
favorable in Europe. Sales were steady in Asian markets, with focus on China, and also in Japan.
The Robot Division posted consolidated sales of ¥181,988 million, up 23.9 % compared with theprevious fiscal year. Robot Division sales accounted for 24.9 % of consolidated net sales.
[ROBOMACHINE Division]
The sales of the ROBODRILL (small machining center) increased substantially due to what wereshort-term demands from a sector in the IT industry being active throughout the period, bringing about asharp increase in sales. Sales in other industries within Japan and overseas increased steadily.

2The sales of ROBOSHOTs (electric injection molding machine) increased steadily mainly in Japan andAsia.
The sales of ROBOCUTs (wire-cut electric discharge machine) increased steadily mainly in Japan andEurope.
As a result, the ROBOMACHINE Division posted consolidated sales of ¥295,187 million, up 262.3 %compared with the previous fiscal year. ROBOMACHINE Group sales accounted for 40.5 % ofconsolidated net sales.
②

Financial forecast for the year ending March 31, 2016

In the new fiscal year, short-term demands from a sector in the IT industry, which was highly active in theprevious fiscal year, is expected to subside, making the future obscure.
The present forecast for consolidated financial results for the year ending March 31, 2016 is as follows:
Financial forecast for the year ending March 31, 2016
(Millions of yen)AmountNet sales
Operating income
Ordinary income
Net income attributable to shareholders ofparent company

Comparison with
Previous year (%(680,100△6.8

264,600△11.2

279,400△10.4

191,200△7.9.
Note: The currency rate applied to the period from April 1, 2015 to March 31, 2016 is averaged at 115
yen/US dollar and 120 yen/Euro.
(2) Analysis of Financial Status[ Financial Status ]Total assets were ¥1,611,626 million, up ¥267,722 million. This was mainly due to the increase in
securities (negotiable deposits) of ¥119,907 million, increase in cash and bank deposits of ¥47,566
million, and increase in bills receivable and accounts receivable of ¥43,429 million, compared with theprevious fiscal year.
Total liabilities were ¥224,931 million, up ¥80,890 million compared with the previous fiscal year.
Net assets were ¥1,386,695 million, up ¥186,832 million compared with the previous fiscal year.

[ Cash Flow ]Consolidated cash flow for this fiscal period amounted to ¥167,097 million, up ¥72,302 million from theprevious fiscal year. This amount is derived from the increase/decrease in the cash flow described3

below, plus an addition of ¥16,425 million due to gains from currency exchange.
balance of cash and cash equivalents amounted to ¥991,236 million.

As a result, the(Cash Flow in Sales Activities)
Cash obtained from sales activities during this period amounted to ¥222,912 million, up ¥97,353 million
compared with the previous fiscal year. This is mainly due to the increase in net profits before
adjustments for tax and others.
(Cash Flow in Investment Activities)
Cash used for investment activities during this period amounted to ¥24,926 million, up ¥8,458 million
compared with the previous fiscal year. This is mainly due to the increase in the acquisition of tangible
fixed assets.
(Cash Flow in Financial Activities)
Cash used for financial activities during this period amounted to ¥47,314 million, up ¥15,385 million
compared with the previous fiscal year. This is mainly due to the increase in dividends.

(3) Basic Policy on Return of Profit to Shareholders and Dividends for the Current Fiscal YearAs our basic policy of distributing profits to shareholders, we will target a dividend payout ratio of 60% of
our consolidated net profit for the full fiscal year. We also aim to buy back our own shares in a flexible
manner, and where the Five-Year Average Total Return Ratio(*) does not exceed 80%.
1. Dividends
We declared, and have maintained, a dividend payout ratio of 30% of our consolidated net profit for
the full fiscal year since the fiscal year ending March 2007 up to the present date. In order to further
enhance the distribution of profits to our shareholders in the long term, we have decided, as ourbasic policy, to implement a dividend payout ratio of 60% of our consolidated net profit, startingfrom the fiscal year ending March 2015.
2. Share buybacks
We aim to buy back our own shares in a flexible manner depending on the level of our stock prices,taking into account the balance with our investment in growth, and where the Five-Year Average
Total Return Ratio(*) does not exceed 80%.
3. Cancellation of treasury shares
We aim to limit the number of our treasury shares that we hold to a maximum of 5% of the total
number of issued shares. We will, as a general rule, cancel any portion exceeding that limit every
fiscal year.
(*)Five-Year Average Total Return Ratio means the ratio of the total combined amount of dividends andthe total amount of share buybacks, over the total amount of our consolidated net profit for a five-year
period.

4

Dividends for this period are scheduled as follows:First half

Current period (fiscal year
ending March 31, 2015)(Reference)

Second half（forecast）

Full year

Payout ratio（forecast）

Yen

Yen

Yen

144.69491.93636.62

Yen

Yen

Yen

76.80

93.26

170.06

60.0%

30.0%

Previous period (fiscal year
ending March 31, 2014)

2. Management Policy(1) Basic Management Policy
FANUC was the first private company to succeed in the development of NC’s and servomechanism inJapan, and ever since this success in 1956, has consistently pursued automation in factories.
With its three pillars consisting of the FA business, which comprises FANUC’s basic technology of NC
and servos, the ROBOT and ROBOMACHINE businesses which apply this basic technology, FANUC
contributes to the manufacturing industry in Japan and overseas by promoting automation and efficiency
in manufacturing.
(2) Challenges
The FANUC Group will reconfirm its origins as a producer of equipment to be used in manufacturing
sites, and shall be thorough in implementing our slogan of, “Reliable / Predictable / Easy to Repair” inproduct development, in order to minimize downtime in our customers’ factories and improve operability.
Furthermore, we shall practice our basic philosophy of “Service First” in providing (1) high-level services
based on FANUC’s global standard anywhere in the world, and (2) “life-long maintenance” for as long as
our customers use our products.
In addition, under the slogan of “One FANUC”, we shall take maximum advantage of our unique strength
in uniting our FA, Robot and ROBOMACHINE divisions to jointly provide total solutions and take care ofcustomers throughout the world.
By becoming united as one group in promoting such actions, we shall venture to make customers feel
more secure and trust the FANUC Group even more, resulting in the stability and growth of our corebusiness, so that we shall persevere as a company.

5

3. Basic Way of Thinking Regarding the Choice of Accounting Standards
In consideration of enabling the comparison of consolidated financial statements for designated periods
and comparison with other companies, FANUC will continue its policy of generating consolidated
financial statements according to Japanese standards.

6

4. Consolidated Financial Statements(1) Consolidated Balance Sheet
March 31, 2014
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable-trade
Securities
Merchandise and finished goods
Work in process
Raw materials and supplies
Deferred tax assets
OthersAllowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
Land
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
OthersTotal 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-sale securities
Foreign currency translation adjustment
Accumulated adjustment to retirement benefits
Total accumulated other comprehensive income
Minority interests
Total net assets
Total liabilities and net assets

7(Millions of yen)March 31, 2015

823,670
91,69893
43,85735,5598,079
20,706
6,059(1,920)1,027,801

871,236
135,127
120,000
54,28042,85911,662
26,686
13,669(2,164)
1,273,355

96,98534,834
117,543
13,111
262,473

95,02430,075
125,893
14,933265,925

3,689
524
4,213

950
950

41,7447,674(1)49,417316,103
1,343,904

59,753
11,643(0)71,396338,271
1,611,626

26,19230,787
5,409
37,061
99,44940,572
72,2196,546
53,274
172,61140,456
4,136
44,592
144,041

47,534
4,786
52,320224,931

69,01496,2701,340,809(312,299)
1,193,794

69,01496,2771,500,635(312,855)
1,353,071

5,112
3,138
(8,012)238
5,831
1,199,863
1,343,904

7,482
29,372(10,748)
26,106
7,518
1,386,695
1,611,626

(2) Consolidated Statement of Income andConsolidated Statement of Comprehensive Income
Consolidated Statement of Income(Millions of yen)

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
Non-operating expenses
Loss on sales of investment securities
Loss on sales and retirement of noncurrent assets
Sales discountDonation
Miscellaneous expenses
Total non-operating expenses
Ordinary income
Income before income taxes and minority interests
Income taxes-current
Income taxes-deferred
Total income taxes
Income before minority interests
Minority interests in income
Net income

8Years ended March 31
2014
2015
450,976
729,760
227,189
350,746
223,787
379,01459,653
81,175
164,134
297,839
2,300
1,290
5,452
2,270
11,312

2,628
1,037
9,886
2,147
15,698

150
163
94
336
343
1,086
174,360
174,360
62,036812
62,848111,512582
110,930

906
110
144
426
1,586
311,951
311,951
111,261(8,162)103,099
208,852
1,253
207,599

Consolidated Statement of Comprehensive Income(Millions of yen)

Income before minority interests
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Adjustment to retirement benefit
Share of other comprehensive income of affiliates
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of the parent
Comprehensive income attributable to minority interests

9

Years Ended March 31
2014
2015
111,512208,852
2,171
26,987-2,370
22,178(2,736)

5,597
34,755
146,267

4,687
26,499235,351

145,139
1,128

233,467
1,884

(3) Consolidated Statement of Changes in Shareholders’ Equity, Etc.
Year ended March 31, 2014 (April 1, 2013 - March 31, 2014)(Millions of yen)
Shareholders' equity

Capital stock
Balance at March 31, 2013
Accumulated change due tochanges in accounting
policies
Balance at March 31, 2013
after adjustment of changes
in accounting policies

69,014

CapitalsurplusRetainedearnings

96,268

1,261,572

Treasurystock(311,636)

Total
shareholders'equity1,115,218-

69,01496,268Changes during this term:
Dividendsofretainedearnings

1,261,572(311,636)(31,086)
110,930(607)

Net income
Change by merger
Change of consolidation
range
Purchase of treasury stock2

Disposal of treasury stock

1,115,218(31,086)
110,930
(607)

(665)
2

(665)
4

Changes during this term notrelated to shareholders'equity (net)Total changes during this term
Balance at March 31, 2014-

2

79,237(663)

78,57669,01496,2701,340,809(312,299)

1,193,794

10

Accumulated other comprehensive income
Total
accumulated
Accumulated
Foreign
Valuationotheradjustment
currency
difference on
available-for
to retirement comprehensive
exchange-sale
incomebenefits
adjustment
securities
Balance at March 31, 2013
Accumulated change due tochanges in accounting
policies
Balance at March 31, 2013
after adjustment of changes
in accounting policies
Changes during this term:
Dividendsofretainedearnings

2,941(28,899)-(25,958)

Minority
interests

4,869

Total net
assets

1,094,129

-

2,941

(28,899)-(25,958)

4,869

1,094,129(31,086)
110,930(607)

Net income
Change by merger
Change of consolidation
range
Purchase of treasury stock
Disposal of treasury stock

(665)
4

Changes during this term notrelated to shareholders'equity (net)

2,171

32,037(8,012)

26,196962

27,158

Total changes during this term

2,171

32,037(8,012)

26,196

962

105,734

Balance at March 31, 2014

5,112

3,138

(8,012)

238

5,831

1,199,863

11

Year ended March 31, 2015 (April 1, 2014 - March 31, 2015)(Millions of yen)
Shareholders' equity

Capital stock
Balance at March 31, 2014
Accumulated change due tochanges in accounting
policies
Balance at March 31, 2014
after adjustment of changes
in accounting policies

69,014

CapitalsurplusRetainedearnings

96,2701,340,809

Treasurystock(312,299)(1,452)

69,01496,270Changes during this term:
Dividendsofretainedearnings
Net income
Change by merger
Change of consolidation
range

1,339,357

1,193,794(1,452)(312,299)

1,192,342(46,559)
207,599(46,559)
207,599
-

238
(559)
3

238
(559)
10

Purchase of treasury stock

7

Disposal of treasury stock

Total
shareholders'equityChanges during this term notrelated to shareholders'equity (net)Total changes during this term
Balance at March 31, 2015-

7

161,278(556)

160,72969,01496,2771,500,635(312,855)

1,353,071

12

Accumulated other comprehensive income
Total
accumulated
Accumulated
Foreign
Valuationotheradjustment
currency
difference on
available-for
to retirement comprehensive
exchange-sale
incomebenefits
adjustment
securities
Balance at March 31, 2014
Accumulated change due tochanges in accounting
policies
Balance at March 31, 2014
after adjustment of changes
in accounting policies
Changes during this term:
Dividendsofretainedearnings

5,112

3,138

(8,012)

238

Minority
interests

5,831

Total net
assets

1,199,863(1,452)

5,112

3,138

(8,012)

238

5,831

1,198,411(46,559)
207,599-

Net income
Change by merger
Change of consolidation
range
Purchase of treasury stock
Disposal of treasury stock

238
(559)
10

Changes during this term notrelated to shareholders'equity (net)

2,370

26,234(2,736)25,868

1,687

27,555

Total changes during this term

2,370

26,234(2,736)25,868

1,687

188,284

Balance at March 31, 2015

7,482

29,372(10,748)

26,106

7,518

1,386,69513

(4) Consolidated Statements of Cash Flow
(Millions of yen)
Years Ended March 31
2014
2015
Net cash provided by (used in) operating activities
Income before income taxes and minority interests
Depreciation and amortization
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for retirement benefits
Increase (decrease) in liability related to retirement benefits
Interest and dividends income
Equity in (earnings) losses of affiliates
Decrease (increase) in notes and accounts receivable-trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable-trade
Other, net
SubtotalInterest and dividends income received
Income taxes paid
Other, net
Net cash provided by (used in) operating activities
Net cash provided by (used in) investing activities
Purchase of tangible fixed assets
Other, net
Net cash provided by (used in) investing activities
Net cash provided by (used in) financing activities
Purchase of treasury stock
Cash dividends paid
Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Net increase in cash and cash equivalents
due to new consolidation
Net increase in cash and cash equivalents
due to merger of consolidated and nonconsolidated subsidiaries
Cash and cash equivalents at end of period

14

174,360
18,394
123(28,475)
40,090(3,590)(5,452)(4,418)(9,488)2,159(3,189)180,5145,596(61,262)711
125,559

311,951
21,685223
6,081(3,665)(9,886)(37,331)(17,712)
11,723
1,266
284,335
6,379(68,891)
1,089
222,912(16,623)
155(16,468)(21,427)(3,499)(24,926)(661)(31,100)(168)(31,929)
17,633
94,795
727,751(549)(46,568)(197)(47,314)
16,425167,097
823,669

-

470

1,123
823,669

991,236(5) Notes to Consolidated Financial Statements(Note on the basis for the concern assumed to be ongoing)
Not applicable(Changes in accounting principles)(Application of Accounting Standard for Retirement Benefits)
FANUC CORPORATION has applied the Accounting Standard for Retirement Benefits (AccountingStandards Board of Japan (ASBJ) Statement No.26 of May 17, 2012) and Guidance on AccountingStandard for Retirement Benefits (ASBJ Guidance No.25 of March 26, 2015) to the main clausestipulated in Article 35 of the Accounting Standard for Retirement Benefits and Article 67 of the
Guidance on Accounting Standard for Retirement Benefits since the fiscal year.
Under the new standard, the calculation of liabilities for retirement benefits and service costs has
been revised and the method of attributing expected benefits to periods has been changed fromstraight-line basis to benefit formula basis. The determination of the discount rate has beenchanged as well.
In accordance with transitional accounting as stipulated in Article 37 of the Accounting Standard for
Retirement Benefits, the effect of the changes in accounting policies arising from the revision of
liabilities for retirement benefits and service costs is recognized in retained earnings, at the
beginning of the fiscal year.
As a result of adjustments, liability related to retirement benefits have increased by 2,234 million
yen, and retained earnings have decreased by 1,452 million yen at the beginning of the fiscal year.
The impact on the profit/loss of the fiscal year is negligible.
Net assets per share decreased by 7.42 yen.
(Segment Information etc.)
1. Segment Information
Year ended March 31, 2014 (April 1, 2013 – March 31, 2014) andYear ended March 31, 2015 (April 1, 2014 – March 31, 2015)
FANUC Group focuses on the development, production, and sales of CNC systems and related
application products based on FANUC’s CNC system technologies as a comprehensive supplier offactory automation (FA) systems. Ultimately, FANUC CNC systems and the related application
products are used in automated production systems.
FANUC Group uses CNC’s and servo motors in its entire products. For this reason, the decision
on investment is made, taking into consideration the statuses of orders, sales and production of all
products, in addition to the status of particular products.
As mentioned above, FANUC Group runs only one business segment based on the decision thatthe entire group makes for investment. Thus, the segment information is not stated herein.
2. Relevant Information
Year ended March 31, 2015 (April 1, 2014 – March 31, 2015)(1)

Information by product and service
FA

Sales to outside
customers

Robot

252,585

181,988

15

Robomachine
295,187

Millions of yen
Total
729,760

(2) Information by region◎ SalesJapan
The Americas
EuropeAsia
Others123,593
124,057
87,970391,577
2,563
Note: Sales are broken down by country or region where customers are located.

Millions of yen
Total
729,760◎

Tangible Fixed AssetAs the tangible fixed assets located in Japan constitute more than 90% of those stated in the
consolidated balance sheet, the statement on the information on tangible fixed assets is omitted.

(Information per share)
Fiscal year 2013
Fiscal year 2014
(April 1, 2013 – March 31, 2014)(April 1, 2014 – March 31, 2015)
Net assets per share
6,102.20 yen Net assets per share
7,049.39 yen
Net income per share
566.86 yen Net income per share
1,061.02 yen
Net diluted income per share is not stated Net diluted income per share is not stated herein
herein as there exist no dilutive shares.
as there exist no dilutive shares.
Note: Net income per share is calculated based on the followings:

Fiscal year 2013

Fiscal year 2014

(April 1, 2013–March 31, 2014)(April 1, 2014–March 31, 2015)

110,930

207,599

110,930

207,599--

195,693

195,661

Net income (Millions of yen)
Net income assigned to common share(Millions of yen)Amount not accruing to common shares(Millions of yen)
Average number of shares outstanding(Thousands of share)(Significant subsequent events)
None(Lease transactions, Marketable securities, Derivative transactions, Business combinations, and etc.)
No major moves that are required to disclose in the Annual Financial Results Report.

16Supplement to Consolidated Financial Results
１ Consolidated Results（April 1, 2014 ～ March 31, 2015）
１）Net income
207.6 billion yen (87% up from the previous fiscal year)２）Net sales

729.8 billion yen (62% up from the previous fiscal year)３）Operating income 297.8 billion yen (81% up from the previous fiscal year)
Ordinary income 312.0 billion yen (79% up from the previous fiscal year)
Ordinary income to net sales ratio 42.7%
４）Sales by GroupFA
Robot
Robomachine

252.6 billion yen (13% up from the previous fiscal year)
182.0 billion yen (24% up from the previous fiscal year)
295.2 billion yen (262% up from the previous fiscal year)５）Orders

769.1 billion yen (59% up from the previous fiscal year)

２ Consolidated Results Forecast for the Year ending March 31, 2016
(April 1, 2015 ～ March 31, 2016)
Net sales
680.1 billion yen (7% down from the same period last year)
Operating income
264.6 billion yen (11% down from the same period last year)
Ordinary income
279.4 billion yen (10% down from the same period last year)
Net income
191.2 billion yen (8% down from the same period last year)
３ Changes of Consolidated Financial Results (Billions of yen）

Net sales

250
2,500

203.4
2,034

200
2,000

1,633
163.3
150
1,500

Ordinary income

123.8
1,238

100
1,000
52.3
523
50
500

183.6
1,836

179.5
1,795

339
33.9

69.6
696
452
45.2

75.4
754
49.2
492

77.9
779
551
55.1

89.1
891
58.1
581

0
January-March
平成26年
2014
1～3月

April-June
平成26年
2014
4～6月

July-September
October-December
January-March
平成26年
平成26年
平成27年
2014
2014
2015
7～9月
10～12月1～3月

17

Net income