Consolidated Quarterly Financial Results (based on Japanese standards)
For the three months ended June 30, 2015
July 28, 2015
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) President and CEO
Contact:(Title) Manager, Public Relations

1. Consolidated Financial Results for the Three months Ended June 30, 2015 （April 1, 2015 – June30, 2015）(1) Consolidated Results of Operations(％ represents change from the corresponding previous three months period)
Net income
Three months ended
attributable to
Net
sales
OperatingincomeOrdinary
incomeJune 30
shareholders ofparent company％

Millions of yen％ Millions of yen

Millions of yen％ Millions of yen

197,420
20.9
73,962
11.4
78,71613.1
163,315
53.5
66,39991.7
69,59891.3
Note: Comprehensive income April-June 2015
¥56,759 million
25.9%
April-June 2014
¥45,086 million
33.4%

50,76545,191

2015
2014

Three months ended
June 30

Net income pershare basic

Diluted net income
per share

Yen

Yen

─
─

259.48230.96

2015
2014

％

12.3
99.0

(2) Consolidated Financial Position
Total assets

Net assets

Million of yen

Equity ratio％

Million of yen

1,519,827
1,346,457
88.1
1,611,626
1,386,695
85.6
Equity: June 30, 2015 ¥1,339,242million
March 31, 2015 ¥1,379,177 million

June 30, 2015
March 31, 2015
(Ref.)

2. Dividends
June 30
Yen

Dividends per share
Sept. 30
Dec. 31Mar. 31(Year end)
Yen

Yen

Yen

Full year
Yen

2014
－
144.69－491.93636.62
2015－
2015(forecast)－－－－
Note: We have not changed the forecasts of dividends from the latest ones.
Note: With regard to the forecasts of the second quarter-ended dividends and year-end dividends for theyear ending March 31, 2016, we expect to disclose them promptly after we become able to disclosethem.

3. Consolidated Financial Results Forecasts for the Year Ending March 31, 2016 (April 1, 2015 –March 31, 2016) (％ represents change from the same period of the previous year.)
Net income
Net
attributable to
Net sales
Operating income
Ordinary income
incomeshareholders ofparent company per share
Millions of yen％ Millions of yen％ Millions of yen％ Millions of yen

2nd Quarter
348,900
1.8
127,800(7.6)
135,200(6.8)
90,400(Cumulative)
Fiscal period
628,300 (13.9)
218,200 (26.7)
233,100 (25.3)
159,500
Note: We have changed the forecasts of financial results from the latest ones.

％

Yen

(4.2)

462.07(23.2)

815.27

4. 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/restatements①

Changes associated with changes in accounting standards：

Applicable②

Changes in accounting principles other than ①

：

No

③

Changes in accounting estimates：No④ Revisions/restatements： No
Note: For details, please see “4. Other Information (3)Changes in accounting principles andaccounting estimate, 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）
205,942,215
239,508,317
June 30, 2015
March 31, 2014
sharesshares②

Number of treasury stocks
June 30, 2015③

10,302,282
sharesMarch 31, 2014

43,863,212
sharesAverage number of shares during the period
195,641,499
April-June 2015
sharesApril-June 2014

195,669,838
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, 2016, 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

2
2

(2)

Financial Position

2(3)

Financial Results Forecasts

3

2. Consolidated Quarterly Balance Sheet

4

3. Consolidated Quarterly Statement of Income
and Consolidated Quarterly Statement of Comprehensive Income

54.

Consolidated Statement of Income

5

Consolidated Statement of Comprehensive Income

6

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 policies, changes in accounting
estimates, and restatement of revisions
7(4)

Note on premise of a going concern

8(5)Note on the substantial change in the shareholders’ equity

8

Supplement to Consolidated Financial Results

191. Results of Operations and Financial Position(1) Results of Operations
The results for the first quarter (April to June 2015) for the FA Division were steady in Japan and theAmericas, due to stable demands from investments in plant and equipment. Sales in Europe
remained relatively unchanged, and the future of the Chinese market is uncertain with a sign of aslowdown. Overall sales in the FA Division remained consistent. In the Robot Division, demands
were high in both the automotive industry and general industries in the Americas and China, anddemands, particularly from general industries, remained active in Europe. Results for the Robot
Division were very positive as a whole. In the Robomachine Division, all businesses of ROBODRILL(small machining center), ROBOSHOT (electric injection molding machine) and ROBOCUT (wire-cut
electric discharge machine) were steady. Although sales due to the short-term demands from a sector
in the IT industry continued to be active during the first quarter, orders are decreasing rapidly towards
the end of the first quarter, and are expected to diminish further from the second quarter on.
Under these circumstances, the FANUC Group shall strive to make customers feel more secure andtrust the FANUC Group even more as regards our products and services, by becoming united as one
group under the slogan of “Service First” and “One FANUC”, so that we shall further persevere anddevelop.
As a result, at the end of the first quarter of the current fiscal year, FANUC posted consolidated
net sales totaling ¥197,420 million, up 20.9%, consolidated ordinary income totaling ¥78,716
million, up 13.1%, and consolidated net income totaling ¥50,765 million, up 12.3%, compared withthe corresponding period of the previous fiscal year.
Looking at the performance by business group, the FA Group posted consolidated sales
totaling ¥52,349 million, down 4.4%, the Robot Group posted consolidated sales totaling ¥45,431
million, up 29.6%,the Robomachine Group posted consolidated sales totaling ¥79,860 million, up
42.2%, and the Service Group posted consolidated sales totaling ¥19,780 million, up14.0%,
compared with the corresponding period of the previous fiscal year.

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

Financial Position

Total asset decreased ¥91,799 million to ¥1,519,827 million compared with the end of theprevious fiscal year. The main decrease is ¥97,044 million in cash and deposits.
Total liabilities decreased ¥51,561 million to ¥173,370 million compared with the end of theprevious fiscal year.
Total net assets decreased ¥40,238 million to ¥1,346,457 million from the end of the previous
fiscal year.
We cancelled our treasury shares exceeding the 5% of the total number of issued shares(33,566,102 shares, ¥239,471 million) based on the new shareholder return policy we announced on
April 27, 2015. (There was no effect on the amount of total net assets.)2(3) Financial Results Forecasts
Orders due to short-term demands from a sector in the IT industry which have been active until now,
decreased rapidly towards the end of the first quarter, and are expected to slow down further during andafter the second quarter of fiscal year 2015. Additionally, trends in investments in plant and equipment in
China and other countries remain unforeseeable.
Under these circumstances, we have revised our financial forecasts for the first half of the fiscal year
2015（April 1, 2015 through September 30, 2015）, and for the fiscal year 2015（April 1, 2015 through March
31, 2016）as follows.
For the first half of the fiscal year 2015（April 1, 2015 through September 30, 2015）
Previous forecast
Net sales
Operating income
Ordinary income
Net income

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

384,000

348,900

ሺ9.1)

159,400

127,800

ሺ19.8)

166,900

135,200

ሺ19.0)

114,100

90,400ሺ20.8)For the fiscal year 2015（April 1, 2015 through March 31, 2016）
Previous forecast
Net sales
Operating income
Ordinary income
Net income

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

680,100

628,300

ሺ7.6)

264,600

218,200

ሺ17.5)

279,400

233,100

ሺ16.6)

191,200

159,500

ሺ16.6).
Note: The currency rate applied to the period from April 1, 2015 to March 31, 2016 is averaged at 115 yen/US
dollar and 125 yen/euro.

3

2. Consolidated Quarterly Balance Sheet（Millions of Yen）
March 31, 2015
AssetsCurrent assets:
Cash and deposits
Notes and accounts receivable – trade
Securities
Merchandise and finished goods
Work in process
Raw materials and supplies
Deferred income tax
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 stocks
Total shareholders’ equity
Accumulated other comprehensive income(loss)
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment
Accumulated adjustment to retirement
benefits
Total accumulated other comprehensive
income(loss)
Non-Controlling Interests in Consolidated
Subsidiaries
Total net assets
Total liabilities and net assets

4June 30, 2015

871,236
135,127
120,000
54,28042,85911,662774,192
131,617130,000
55,63644,49014,222

26,686
13,669(2,164)
1,273,355

22,874
8,089(1,864)
1,179,256

125,893140,032
265,925
950

127,960
143,429
271,389
1,606

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

55,654
11,922(0)67,576
340,571
1,519,827

40,572
72,2196,546
53,274
172,61132,006
24,515
6,658
56,529119,708

47,534
4,786
52,320224,93150,434
3,228
53,662
173,370

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

69,01496,206
1,215,757(73,522)
1,307,455

7,482

7,127

29,372(10,748)

36,884(12,224)

26,106

31,787

7,518

7,215

1,386,695
1,611,626

1,346,457
1,519,827

3. Consolidated Quarterly Statement of Income
and Consolidated Quarterly Statement of Comprehensive Income
Consolidated Statement of Income for the three months from April to June 2015
（Millions of Yen）
Three months ended June 30
2014

2015

163,315
78,22485,091
18,692
66,399197,420
101,137
96,28322,32173,962

695
177
2,005
477

625
477
3,018
868

3,354

4,988

Foreign exchange losses
Donation

80
5

140

Miscellaneous expenses

70

94

Total non-operating expenses

Net sales
Cost of goods sold
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Equity method income
Miscellaneous income
Total non-operating income
Non-operating expenses

─

155

234

Ordinary income

69,59878,716

Income before income taxes andminority interests
Income taxes-current
Income taxes-deferred
Total taxes and others
Net income
Minority interests in income
Net income attributable to shareholders ofparent company

69,59878,716

23,844
390
24,23445,364173
45,191

24,1723,512
27,68451,032267
50,7655

Consolidated Statement of Comprehensive Income for the Three months from April to June 2015
（Millions of Yen）
Three months ended June 30

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 ofaffiliates accounted for using equity method
Total other comprehensive income
Comprehensive income for the three months
ended June 30

2014

2015

45,36451,032

368

(355)

348
91
(1,085)

7,352(1,476)206(278)
45,086

5,727
56,75944,740346

56,446313

Comprehensive income attributable to:
Owners of parent
Minority interests

64.

Other Information(1) Changes in significant subsidiaries during the three months ended
June 30, 2015(changes in specific subsidiaries that caused change in scope of
consolidation):(2)

Adoption of simplified and specifically applied accounting methodfor quarterly consolidated financial reporting :(3) Changes in accounting policies, changes in accounting estimates,
and restatement of revisions :Changes in accounting principles(Application of Accounting Standard for Business Combinations
and other standards)
FANUC CORPORATION has adopted the “Accounting Standard forBusiness Combinations” (ASBJ Statement No. 21, September 13,
2013, hereinafter the “Business Combinations Standard”), the“Accounting Standard for Consolidated Financial Statements”(ASBJ Statement No. 22, September 13, 2013, hereinafter the“Consolidated Financial Statements Standard”), the “AccountingStandard for Business Divestitures” (ASBJ Statement No. 7,
September 13, 2013, hereinafter the “Business Divestitures
Standard”) and others effective from the first quarter of theconsolidated fiscal year under review. Accordingly, the Company’s
accounting policies have been changed; the difference arising froma change in the Company’s ownership interest in a subsidiary overwhich the Company continues to have control being recorded ascapital surplus and acquisition costs being expensed in the
consolidated fiscal year in which they are incurred. In addition, forbusiness combinations to be performed at and after the beginningof the first quarter of the consolidated fiscal year under review, themethod has been changed to reflect adjustments to the provisionalamount arising from the finalization of the tentative accounting
treatment relating to the purchase price allocation in the
consolidated financial statements for the quarter to which the dateof business combination belongs.
In addition, the expression for quarterly net profit, etc. has beenchanged, and “minority interests” has been changed to“non-controlling interests”. In order to reflect these changes, theconsolidated financial statements for the first quarter of theprevious fiscal year, as well as the entire previous fiscal year havebeen reclassified.
The Business Combinations Standard and others were adopted inaccordance with transitional treatments stipulated in Paragraph58-2 (4) of the Business Combinations Standard, Paragraph 44-5
(4) of the Consolidated Financial Statements Standard andParagraph 57-4 (4) of the Business Divestitures Standard, and they
have been prospectively adopted from the beginning of the firstquarter of the consolidated fiscal year under review.
This change has no impact on the consolidated financial
statements of the first quarter of the current fiscal year.

7

None
None

(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 of
Directors held on May 29, 2015, the Company cancelled
33,566,102 treasury shares on June 10, 2015. As a result, treasury
shares decreased by ¥239,471 million, capital surplus decreasedby ¥71 million and retained earnings decreased by ¥239,400
million.

8

Supplement to Consolidated Financial Results
１ Consolidated Results（April～June, 2015）
１）Net income
50.8 billion yen (12% up from the same period of last year)２）Net sales

197.4 billion yen (21% up from the same period of last year)３）Operating income 74.0 billion yen (11% up from the same period of last year)
Ordinary income 78.7 billion yen (13% up from the same period of last year)
Ordinary income to net sales ratio
39.9%４）Sales by GroupFA
Robot
Robomachine
Service52.3 billion yen (4% down from the same period of last year)
45.4 billion yen (30% up from the same period of last year)
79.9 billion yen (42% up from the same period of last year)
19.8 billion yen (14% up from the same period of last year)５）Orders

179.7 billion yen (0.2% down from the same period of last year)

２ Consolidated Results Forecast for the Year ending March 31, 2016
(April 1, 2015 ～ March 31, 2016)
Net sales
628.3 billion yen (14% down from the same period of last year)
Operating income 218.2 billion yen (27% down from the same period of last year)
Ordinary income 233.1 billion yen (25% down from the same period of last year)
Net income
159.5 billion yen (23% down from the same period of last year)
３ Quarterly Changes of Consolidated Financial Results (Billions of yen）

250.0
2,500

2,000
200.0

Sales

163.3
1,633

179.5
1,795

183.6
1,836

203.4
2,034

197.4
1,974
Ordinary income

150.0
1,500
100.0
1,000
50.0
500

0

69.6
696
45.2
452

April-June
平成26年
2014
4～6月

75.4
754
49.2
492

77.9
779
55.1
551

Net income

89.1
891
58.1

581

78.7
787
508
50.8

July-September
October-December
January-March
April-June
平成26年
平成26年
平成27年
平成27年
2014
2014
2015
2015
7～9月
10～12月
1～3月
4～6月※ “Net income” in this Supplement means “Net income attributable to shareholders ofparent company.”9