(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.
April 27, 2016

Consolidated Annual Financial Results
For the Year ended March 31, 2016
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 29, 2016
Start of cash dividend payments: June 30, 2016

TEL (0555)84－5555

1. Consolidated Financial Results for the Year Ended March 31, 2016 (April 1, 2015 – March 31, 2016)(1) Consolidated Results of Operations
Net income
attributable to
Net sales
Operating income
Ordinary income
shareholders ofparent company
Millions of yen

YoYchange%Millions of yen

YoYchange%Millions of yen

YoYchange%Millions of yen

YoYchange%2015623,418(14.6)
215,567(27.6)
229,361(26.5)
159,700(23.1)
2014
729,760
61.8
297,83981.5
311,95178.9
207,59987.1
Note: Consolidated comprehensive income for the year ended March 31, 2016 is ¥117,953 million, down 49.9%,
and for the year ended March 31, 2015 is ¥235,351 million, up 60.9%
Ordinary
Operating
Net income
Net income
per share
Return on equity
income-to-total
income-to-net
per share(diluted)
capital ratio
sales ratio
Yen

Yen

%

%

%

2015
816.78
11.8
14.7
2014
1,061.02
16.1
21.1
Note: Investment profit/(loss) on equity method for the year ended March 31, 2016 is ¥11,494 million
and for the year ended March 31, 2015 is ¥9,886 million.

34.6
40.8

(2) Consolidated Financial Position
Total assets

Net assets

Equity ratio

Millions of yen

Millions of yen%

2015
1,512,895
1,334,910
2014
1,611,626
1,386,695
Note: Equity capital for the year ended March 31, 2016 is ¥1,328,483 million
and for the year ended March 31, 2015 is ¥1,379,177 million.
(3) Consolidated Cash Flow Position
Net cash provided by(used in) operating
activities
Millions of yen

2015
2014

140,633
222,912

Net assets
per share
Yen

87.8
85.6

6,825.27
7,049.39

Net cash provided by(used in) investing
activities

Net cash provided by(used in) financing
activities

Cash and cash
equivalents at end of
periodMillions of yen

Millions of yen

Millions of yen(112,677)(24,926)(169,572)(47,314)

831,662
991,236

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

%

%

2014
―
144.69―491.93636.62
124,554
60.0
9.6
2015
―
281.86―208.21490.07
95,668
60.0
7.0
2016
―
―
―
―
―
―
(forecast)
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 Forecasts for the Year Ending March 31, 2017
(April 1, 2016 – March 31, 2017)
Net sales

Operating income

Ordinary income

Net income
attributable toshareholders ofparent company

Millions of yen

Millions of yen

Millions of yen%%

Net income
per share

Millions of yen%%

2 Quarter(Cumulative)

245,600(29.8)

60,900(52.2)

66,400(51.5)

49,100 (46.6)

251.12

Fiscal period

505,700(18.9)

117,300(45.6)

128,100(44.1)

93,700 (41.3)

479.23

Yen

nd*Notes(1) Changes in significant subsidiaries during the year ended March 31, 2016(changes in specific subsidiaries that caused change in scope of consolidation) :None(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 “4. Consolidated Financial Statements, (5) Notes to Consolidated
Financial Statements, 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)
205,942,215
March 31, 2016
March 31, 2015
shares
2. Number of treasury stocks
March 31, 2016

239,508,317
shares

11,300,237
sharesMarch 31, 2015

43,863,212
shares

3. Average number of shares during the period
195,522,938
March 31, 2016
sharesMarch 31, 2015

195,660,546
sharesAttachment
Table of Contents
1.

Business Results……………………………………………………………….

2(1) Analysis of Business Results…………………………………………….
(2) Analysis of Financial Status………………………………………………

2
4(3) Basic Policy on Return of Profit to Shareholders andDividends for the Current Fiscal Year…………..…………………..

5

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

6(1) Basic Management Policy……………………………………………….

6(2) Challenges…………………………………………………………………

6

3.

Basic Way of Thinking Regarding the Choice of Accounting Standards…

6

4.

Consolidated Financial Statements……………………………………….

7(1) Consolidated Balance Sheet ………………………………………….
(2) Consolidated Statement of Income and7

Consolidated Statement of Comprehensive Income ……………..

8(3) Consolidated Statements of Changes in Shareholders’ Equity ……..

10(4) Consolidated Statement of Cash Flow …………………………….…
(5) Notes to Consolidated Financial Statements ………………………..

14
15(Note on the basis for the concern assumed to be ongoing) ……

15(Changes in accounting principles) …………………………………

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

16
17(Significant subsequent events)

172.

…………………………………….

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

17

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

18

1

1. Business Results(1) Analysis of Business Results① Business Results for the Period Ending March 31, 2016
During this period, demand for capital investment was generally unchanged in Europe and Japan andremained steady in the Americas; however, demand further slowed in China as well as in parts of Asia,
which were affected by the situation in China. These situations made business environment severe as awhole.
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” so that we can achieve further developmentin our business.
During the fiscal year ended March 31, 2016, FANUC posted consolidated net sales totaling ¥623,418
million, down 14.6%, consolidated ordinary income totaling ¥229,361 million, down 26.5%, andconsolidated net income totaling ¥159,700 million, down 23.1%, compared with the previous fiscal year.
(Note): “Net income” in “Business Results” means “Net income attributable to shareholders of parent
company” in the Statement of Income.
Regarding capital investment of this period, we proceeded with the construction of new factories for
CNCs, servo motors and others in Mibu-machi, Tochigi Prefecture, in order to fortify our future
production capacity, and proceeded also with the expansion of R&D facilities at our headquarters inorder to pursue “enhanced reliability” and “greater speed” in research and development.
During this period, the FANUC Robot CR-35iA, a green robot that can work together with humanoperators without safety fences, won the “Nikkan Kogyo Shimbun Best 10 New Product Awards 2015/
Masuda Award” and the “Nikkei Awards for Excellence, the Nikkei Superior Products and Services
Awards 2015”.
Additionally, FANUC was presented with the “Drivers of Change Award” of the 2015 FT ArcelorMittal
BOLDNESS IN BUSINESS AWARDS by the Financial Times and ArcelorMittal. (See Note.)(Note): The BOLDNESS IN BUSINESS AWARDS are granted to companies who stand out for theirvision and leadership in exerting courage and imagination in taking calculated risk and making
difficult decisions. Among the Awards, the “Drivers of Change Award” recognizes companies
that are not afraid to change their company or even revolutionize their industry.
We determined our new shareholder return policy (see page 5) in April, 2015 and accordingly increased
dividend payout ratio from previous 30% to 60% of our consolidated net income.
Based on this shareholder return policy, we cancelled 33,570,000 treasury shares in June, 2015, whichis the portion exceeding 5% of the total number of issued shares. In February, 2016, we announced
share buyback, the amount of which is up to ¥30billion, and carried out the acquisition of the shares.
The following is a summary of the results for each business division:2

[FA Division]
The machine tool industry, the primary market for FANUC CNC systems, witnessed a significant
reduction in demands in China, the impact from which resulted in sluggish demands in Taiwan andSouth Korea. Demands in Japan also slowed from the second half of the fiscal year. Under thesecircumstances, net sales of CNC systems of FANUC Group decreased.
FANUC laser sales were sluggish domestically and abroad.
The FA Division posted consolidated sales of ¥170,211 million, down 17.6 % compared with theprevious fiscal year, and FA Division sales accounted for 27.3 % of consolidated net sales.

[ROBOT Division]
Sales of robots continued to remain steady in the Americas and in Europe, and were also favorable in
China. In Japan, sales to both the automobile industry and general industries increased from the second
half of the fiscal year. The total shipment volume of robots at the end of November 2015 exceeded
400,000 units.
The Robot Division posted consolidated sales of ¥188,295 million, up 20.3 % compared with theprevious fiscal year. Robot Division sales accounted for 30.2 % of consolidated net sales.
[ROBOMACHINE Division]
Sales of the ROBODRILL (small machining center), affected by the end of short-term demand from the
IT industry in the first half of the period and the almost complete absence of any recovery in demand
from IT industry thereafter, decreased significantly compared with the previous fiscal year during whichtime demand was prevalent throughout the year. However, sales to other industries in Japan andoverseas markets remained steady.
Sales of ROBOSHOTs (electric injection molding machine) were steady mainly in overseas markets
including China. The total shipment volume of ROBOSHOTs at the end of February 2016 exceeded
50,000 units.
Sales of ROBOCUTs (wire-cut electric discharge machine) remained steady mainly in Japan, Europe
and China.
As a result, the ROBOMACHINE Division posted consolidated sales of ¥183,011 million, down 37.2 %compared with the previous fiscal year. ROBOMACHINE Division sales accounted for 29.4 % ofconsolidated net sales.
[Service Division]
The Service Division, under our basic policy of “Service First,” strived to offer rapid maintenanceservices in order to minimize downtime in our customers’ factories, while providing high-level services
and practicing “lifetime maintenance” throughout the world.
The Service Division posted consolidated sales of ¥81,901 million, up 9.0% compared with the previous
fiscal year. Service Division sales accounted for 13.1% of consolidated net sales.

3② Financial forecast for the year ending March 31, 2017
Going forward, sluggish demand for capital investment in China is expected to take some time torecover. Furthermore, there are concerns over a market slowdown in the Americas and foreignexchange movements are unstable. As a result of these and other factors, the situation is expected tocontinue to remain difficult and unpredictable.
The present forecast for consolidated financial results for the year ending March 31, 2017 is as follows:
Financial forecast for the year ending March 31, 2017

Amount(Millions of yen)
Net sales
Operating income
Ordinary income

Comparison with
Previous year (%)

505,700(18.9)

117,300(45.6)

128,100(44.1)Net income

93,700(41.3).
Note: The currency rate applied to the period from April 1, 2016 to March 31, 2017 is averaged at 105
yen/US dollar and 115 yen/Euro.
(2) Analysis of Financial Status[ Financial Status ]Total assets were ¥1,512,895 million, down ¥98,731 million. This was mainly due to the decrease in
cash and bank deposits of ¥184,574 million, and an increase in tangible fixed assets of ¥86,135 million,
compared with the previous fiscal year.
Total liabilities were ¥177,985 million, down ¥46,946 million compared with the previous fiscal year.
Net assets were ¥1,334,910 million, down ¥51,785 million compared with the previous fiscal year.

[ Cash Flow ]Consolidated cash flow for this fiscal period amounted to ¥ (159,574) million, down ¥326,671 million
from the previous fiscal year. This amount is derived from the increase/decrease in the cash flow
described below, plus a reduction of ¥17,958 million due to losses from currency exchange. As a result,the balance of cash and cash equivalents amounted to ¥831,662 million.
(Cash Flow in Sales Activities)
Cash obtained from sales activities during this period amounted to ¥140,633 million, down ¥82,279
million compared with the previous fiscal year. This is mainly due to the decrease in net profits before
adjustments for tax and others.
(Cash Flow in Investment Activities)

4

Cash used for investment activities during this period amounted to ¥112,677 million, up ¥87,751 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 ¥169,572 million, up ¥122,258 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 Year
Our basic policy of distributing profits to shareholders is as follows.
(Announced on April 27, 2015)
1. Dividends
In order to further enhance the distribution of profits to our shareholders in the long term, we havedecided to implement a dividend payout ratio of 60% of our consolidated net profit.
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%.
(*)Five-Year Average Total Return Ratio means the ratio of the total combined amount ofdividends and the total amount of share buybacks, over the total amount of ourconsolidated net profit for a five-year period.

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.

Dividends for this period are scheduled as follows:First half
Current period (fiscal year
ended March 31, 2016)(Reference)Previous period (fiscal year
ended March 31, 2015)

Secondhalf(forecast)

Full year

Payout ratio(forecast)

Yen

Yen

Yen

281.86208.21490.07

Yen

Yen

Yen

144.69491.93636.62

5

60.0%

60.0%

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, under the slogan of “one FANUC,” shall take maximum advantage of our uniquestrength in uniting our FA, Robot and ROBOMACHINE divisions to jointly provide total solutions andtake care of customers throughout the world.
In addition, the FANUC Group will adhere to 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” in product development, in order to minimize downtime in our customers’ factories andimprove the operation rate.
Furthermore, we shall practice our basic policy of “Service First” in providing high-level services basedon FANUC’s global standard anywhere in the world, and “lifetime maintenance” for as long as ourcustomers use our products.
In addition to the basic policy outlined above, we will accelerate our strengthened response to IoT tofurther promote efficiency in manufacturing by our customers. This response to IoT is highly expected to
grow in the future as a new business of FANUC Group.
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.

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, 2015
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
Consruction in progress
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Deferred tax assets
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
Non-controlling interests
Total net assets
Total liabilities and net assets

7(Millions of yen)March 31, 2016

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

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

95,02430,075
125,8938,009
6,924
265,925950

97,821
27,484
131,800
85,917
9,038
352,060
3,875

59,753
8,415
3,228
(0)
71,396338,271
1,611,626

65,80915,3842,998(1)84,190440,125
1,512,895

40,572
72,2196,546
53,274
172,61124,815
17,1996,676
57,426106,116

47,534
4,786
52,320224,931

68,346
3,523
71,869177,985

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

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

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

4,391
5,974
(26,085)(15,720)
6,427
1,334,910
1,512,895

(2) Consolidated Statement of Income andConsolidated Statement of Comprehensive Income
Consolidated Statement of Income(Millions of yen)
Years ended March 31
2015
2016
Net sales

729,760

623,418

Cost of sales

350,746

326,912Gross profit

379,014

296,506

Selling, general and administrative expenses

81,17580,939Operating income

297,839

215,567Interest income

2,628

2,537

Dividends income

1,037

1,372

Investment profit on equity method

9,886

11,494

Miscellaneous income

2,147

2,151

Total non-operating income

15,69817,554

Loss on sales and retirement of noncurrent assets

906

857

Sales discount

110

106

Donation

144

383

Foreign exchange losses

43

2,090

Miscellaneous expenses

383

324

1,586

3,760

Ordinary income

311,951

229,361

Income before income taxes

311,951

229,361

Income taxes-current

111,261

66,123

Income taxes-deferred(8,162)

2,906

Total taxes and others

103,099

69,029Net income

208,852

160,332

1,253

632

207,599

159,700

Non-operating income

Non-operating expenses

Total non-operating expenses

Net income attributable to non-controlling interests
Net income attributable to shareholders of parent company

8

Consolidated Statement of Comprehensive Income(Millions of yen)
Years Ended March 31
2015

2016

208,852

160,332

Valuation difference on available-for-sale securities

2,370(3,091)

Foreign currency translation adjustment

22,178(21,866)

Adjustment to retirement benefit(2,736)(15,337)

Share of other comprehensive income of affiliates
accounted for using equity method

4,687(2,085)

Total other comprehensive income

26,499(42,379)

Comprehensive income

235,351

117,953

Owners of parent

233,467

117,873

Minority interests

1,884

80

Net income
Other comprehensive income

Comprehensive income attributable to:9(3) Consolidated Statement of Changes in Shareholders’ Equity, Etc.
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)

69,01496,2701,339,357

Total
shareholders'equity1,193,794(1,452)(312,299)

1,192,342

Changes during this term:
Dividends of surplus
Net income attributable toshareholders of parent
company
Changes in scope of
consolidation(46,559)(46,559)

207,599

207,599

238

238
(559)
10

(559)
3

Purchase of treasury stock

7

Disposal of treasury stock
Cancelation of treasury
stock

-

Changes 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

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, 2014
Accumulated change due tochanges in accounting
policies
Balance at March 31, 2014
after adjustment of changes
in accounting policies
Changes during this term:
Dividends of surplus

5,112

3,138

(8,012)238

Noncontrollinginterests

5,831

Total net
assets

1,199,863(1,452)

5,112

3,138

(8,012)

238

5,831

1,198,411(46,559)

Net income attributable toshareholders of parent
company
Changes in scope of
consolidation
Purchase of treasury stock
Disposal of treasury stock

207,599
238
(559)
10

Cancelation of treasury
stock

-

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

1,386,695

11

Year ended March 31, 2016 (April 1, 2015 - March 31, 2016)(Millions of yen)
Shareholders' equity

Capital stock
Balance at March 31, 2015
Accumulated change due tochanges in accounting
policies
Balance at March 31, 2015
after adjustment of changes
in accounting policies

69,014

CapitalsurplusRetainedearnings

96,2771,500,635

Treasurystock(312,855)

Total
shareholders'equity1,353,071-

69,01496,2771,500,635(312,855)

1,353,071

Changes during this term:
Dividends of surplus
Net income attributable toshareholders of parent
company
Changes in scope of
consolidation(151,385)(151,385)

159,700

159,700

Purchase of treasury stock(17,194)4(17,194)
11

Disposal of treasury stock

7

Cancelation of treasury
stock

(78)

(239,393)

239,471

-

-

(71)

(231,078)

222,281(8,868)69,01496,206

1,269,557(90,574)

1,344,203

Changes during this term notrelated to shareholders'equity (net)Total changes during this term
Balance at March 31, 201612

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, 2015
Accumulated change due tochanges in accounting
policies
Balance at March 31, 2015
after adjustment of changes
in accounting policies
Changes during this term:
Dividends of surplus

7,482

29,372(10,748)

26,106

Noncontrollinginterests

7,518

Total net
assets1,386,695

-

7,482

29,372(10,748)

26,106

7,518

1,386,695(151,385)

Net income attributable toshareholders of parent
company
Changes in scope of
consolidation
Purchase of treasury stock
Disposal of treasury stock

159,700(17,194)
11

Cancelation of treasury
stock

-

Changes during this term notrelated to shareholders'equity (net)(3,091)(23,398)(15,337)(41,826)(1,091)(42,917)

Total changes during this term

(3,091)(23,398)(15,337)(41,826)(1,091)(51,785)

Balance at March 31, 2016

4,391

5,974

(26,085)(15,720)

6,427

1,334,910

13

(4) Consolidated Statements of Cash Flow
(Millions of yen)
Years Ended March 31
2015
2016
Net cash provided by (used in) operating activities
Income before income taxes and minority interests

311,951

229,361

Depreciation and amortization

21,685

21,106

Increase (decrease) in allowance for doubtful accounts

223

(536)

Increase (decrease) in liability related to retirement benefits

6,081

21,311

Interest and dividends income(3,665)(3,909)Equity in (earnings) losses of affiliates(9,886)(11,494)

Decrease (increase) in notes and accounts receivable-trade(37,331)

29,207

Decrease (increase) in inventories(17,712)

1,602

Increase (decrease) in notes and accounts payable-trade

11,723(13,749)

Other, net

1,266(21,506)

Subtotal

284,335

251,393

6,379

10,061(68,891)(121,281)

1,089

460

222,912140,633

Purchase of tangible fixed assets(21,427)(102,008)

Other, net(3,499)(10,669)

Net cash provided by (used in) investing activities(24,926)(112,677)(549)(17,253)(46,568)(151,237)(197)(1,082)

Net cash provided by (used in) financing activities(47,314)(169,572)

Effect of exchange rate change on cash and cash equivalents

16,425(17,958)

Net increase (decrease) in cash and cash equivalents

167,097(159,574)

Cash and cash equivalents at beginning of period
Increase in cash and cash equivalents from newly consolidated
subsidiary
due to new consolidation

823,669

991,236

470-

Cash and cash equivalents at end of period

991,236

831,662Interest 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

Net cash provided by (used in) financing activities
Purchase of treasury stock
Cash dividends paid
Other, net

14(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 Business Combinations and other standards)
FANUC CORPORATION has applied the Accounting Standard for Business Combinations”(Accounting Standards Board of Japan (ASBJ Statement No. 21 of September 13, 2013),
hereinafter the “Business Combinations Standard”), the “Accounting Standard for Consolidated
Financial Statements” (ASBJ Statement No. 22 of September 13, 2013, hereinafter the“Consolidated Financial Statements Standard”), the “Accounting Standard for Business
Divestitures” (ASBJ Statement No. 7 of September 13, 2013, hereinafter the “Business Divestitures
Standard”) and others effective from the consolidated fiscal year. Accordingly, the Company’s
accounting policies have been changed: the difference arising from a change in the Company’sownership interest in a subsidiary over which the Company continues to have control are being
recorded as capital surplus, and acquisition costs are being expensed in the consolidated financial
year in which they are incurred. In addition, for business combinations to be performed at and after
the beginning of the consolidated fiscal year, the method has been changed to reflect adjustments
to the provisional amount arising from the finalization of the tentative accounting treatment relating
to the purchase price allocation in the consolidated financial statements for the fiscal year to which
the date of business combination belongs.
In addition, the expression for net income, etc. has been changed, and “minority interests” hasbeen changed to “non-controlling interests.” In order to reflect these changes, the consolidated
financial statements for the previous fiscal year have been reclassified.
The Business Combinations Standard and others were adopted in accordance with transitional
treatments stipulated in Paragraph 58-2 (4) of the Business Combinations Standard, Paragraph44-5 (4) of the Consolidated Financial Statements Standard and Paragraph 57-4 (4) of theBusiness Divestiture Standard, and they have been prospectively adopted from the beginning of
the consolidated fiscal year.
This change has no impact on the consolidated financial statements of the current fiscal year.

15

(Segment Information etc.)
1. Segment Information
Year ended March 31, 2015 (April 1, 2014 – March 31, 2015) andYear ended March 31, 2016 (April 1, 2015 – March 31, 2016)
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, 2016 (April 1, 2015 – March 31, 2016)(1)

Information by product and service
FA

Sales to outside
customers

170,211

Robot

Robomachine

188,295

16

183,011

Service81,901Millions of yen
Total
623,418

(2) Information by region◎ SalesJapan
The Americas
EuropeAsia
Others119,228
142,700
94,017
264,6292,844
Note: Sales are broken down by country or region where customers are located.

Millions of yen
Total
623,418◎

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 2014
Fiscal year 2015
(April 1, 2014 – March 31, 2015)(April 1, 2015 – March 31, 2016)
Net assets per share
7,049.39 yen Net assets per share
6,825.27 yen
Net income per share
1,061.02 yen Net income per share
816.78 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 2014

Fiscal year 2015

(April 1, 2014–March 31, 2015)(April 1, 2015–March 31, 2016)

207,599

159,700

207,599

159,700--

195,661

195,523

Net income attributable to shareholders ofparent company(Millions of yen)
Net income attributable to shareholders ofparent company 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.

17Supplement to Consolidated Financial Results
1 Consolidated Results (April 1, 2015 ～ March 31, 2016)
1)Net income
159.7 billion yen (23% down from the previous fiscal year)2)Net sales

623.4 billion yen (15% down from the previous fiscal year)3)Operating income
215.6 billion yen (28% down from the previous fiscal year)
Ordinary income 229.4 billion yen (27% down from the previous fiscal year)
Ordinary income to net sales ratio 36.8%
4)Sales by GroupFA
Robot
Robomachine
Service170.2 billion yen (18% down from the previous fiscal year)
188.3 billion yen (20% up from the previous fiscal year)
183.0 billion yen (37% down from the previous fiscal year)
81.9 billion yen (9% up from the previous fiscal year)5)Orders

583.5 billion yen (24% down from the previous fiscal year)

2 Consolidated Results Forecast for the Year ending March 31, 2017
(April 1, 2016 ～ March 31, 2017)
Net sales505.7 billion yen (19% down from the same period last year)
Operating income
117.3 billion yen (46% down from the same period last year)
Ordinary income
128.1 billion yen (44% down from the same period last year)
Net income
93.7 billion yen (41% down from the same period last year)
3

Changes of Consolidated Financial Results (Hundred Millions of yen)

Net sales

Ordinary income
Net income※ “Net Income” in this Supplement means “Net income attributable toshareholders of parent company.”18