Consolidated Quarterly Financial Results (based on Japanese standards)
For the three months ended June 30, 2014
July 24, 2014
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, 2014 （April 1, 2014 – June30, 2014）(1) Consolidated Results of Operations(％ represents change from the corresponding previous three months period)
Three months ended
Net sales
Operating income
Ordinary income
Net income
June 30％

Millions of yen％ Millions of yen

Millions of yen％ Millions of yen

163,315
53.5
66,39991.7
69,59891.3
106,392 (22.8)
34,644 (36.0)
36,388 (34.4)
Note: Comprehensive income April-June 2014
¥45,086 million
33.4%
April-June 2013¥33,801 million
39.8%

45,191
22,7132014
2013

Three months ended
June 30

Net income pershare basic

Net income pershare dilutedYenYen──

230.96116.052014
2013％

99.0(35.5)(2) Consolidated Financial Position

Total assets

Net assets

Million of yen

Equity ratio％

Million of yen

1,371,124
1,225,016
88.9
1,343,904
1,199,863
88.8
Equity: June 30, 2014 ¥1,219,013million
March 31, 2014 ¥1,194,032 million

June 30, 2014
March 31, 2014
(Ref.)

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

June 30
Yen

Yen

Yen

Yen

Full yearYen

2013－76.80－93.26
170.062014－2014(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, 2015, we expect to disclose them promptly after we become able to disclosethem.

3. Consolidated Financial Results Forecasts for the Year Ending March 31, 2015 (April 1, 2014 –March 31, 2015) (％ represents change from the same period of the previous year.)Net sales
Millions of yen

Operating income％ Millions of yen

Ordinary income％ Millions of yen

Netincomeper share

Net income％ Millions of yen

2nd Quarter
302,400
39.9
121,000
61.6
127,100
60.685,600(Cumulative)
Fiscal period
531,800
17.9
204,200
24.4
216,200
24.0
146,500
Note: We have not changed the forecasts of financial results from the latest ones.

％

Yen

70.9

437.4732.1

748.70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/restatements①Changes associated with changes in accounting standards：Applicable②

Changes in accounting principles other than ①：

No③

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 6 in Attachment.

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

Number of shares outstanding at the end of the period（including treasury stocks）
239,508,317
239,508,317
June 30, 2014
March 31, 2014
sharesshares②

Number of treasury stocks
June 30, 2014

③43,839,187
sharesMarch 31, 2014

43,836,033
sharesAverage number of shares during the period
195,669,838
April-June 2014
sharesApril-June 2013

195,707,795
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, 2015, we expect to disclose them promptly after we become able to disclose them.

Table of Contents of Accompanying Documents

1. Results of Operations and Financial Position(1) Result of Operations

22

(2)

Financial Position

2(3)Financial Results Forecasts

2

2. Consolidated Quarterly Balance Sheet

3

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

44.

Consolidated Statement of Income

4

Consolidated Statement of Comprehensive Income

5

Other Information

6(1)Important changes in scope of consolidation during the period6(2)Application of the accounting method specific to quarterly
consolidated financial statements

6Changes in accounting principles and accounting estimate,and revisions/restatements

6(4)Note on premise of a going concern6(5)Note on the substantial change in the shareholders’ equity

6(3)Supplement to Consolidated Financial Results

171. Results of Operations and Financial Position(1) Result of Operations
During the three months from April to June 2014, the economic situation surrounding theFANUC group benefited as the FA market continued to recover in Japan with the revitalization ofinvestments in plant and equipment supported by a stable foreign exchange market with a low yen,
and also in China, Europe and other countries. The Robot market in the United States remained
positive and demands in the markets in Europe and Asia increased. In addition, the temporary
demand in the IT industry expanded.
Under these circumstances, FANUC continued to make efforts to enhance high-performanceand high-intelligence while sticking to the basics of high reliability, and to enhance robotization in
manufacturing of its products further to improve its competitiveness.
As a result, at the end of the first quarter of the current fiscal year, FANUC posted consolidated
net sales totaling ¥163,315 million, up 53.5%, consolidated ordinary income totaling ¥69,598
million, up 91.3%, and consolidated net income totaling ¥45,191 million, up 99.0%, compared withthe corresponding period of the previous fiscal year.
Looking at the performance by business group, the FA Group posted consolidated sales
totaling ¥65,418 million, up 19.2%, the Robot Group posted consolidated sales totaling ¥40,887
million, up 12.7% and the Robomachine Group posted consolidated sales totaling ¥57,010 million,
up 274.5%, compared with the corresponding period of the previous fiscal year.
(2)

Financial Position

Total asset increased ¥27,220 million to ¥1,371,124 million compared with the end of theprevious fiscal year. The main increase is ¥30,844 million in notes and accounts receivable - trade,and decrease is ¥5,776 million in cash and deposits.
Total liabilities increased ¥2,067 million to ¥146,108 million compared with the end of theprevious fiscal year.
Total net assets increased ¥25,153 million to ¥1,225,016 million from the end of the previous
fiscal year.
(3) Financial Results Forecasts
The outlook for the Fiscal Year Ending March 31, 2015 has not been reviewed, andtherefore, the forecasts remain unchanged.

22. Consolidated Quarterly Balance Sheet（Millions of Yen）
March 31, 2014
AssetsCurrent assets:
Cash and deposits
Notes and accounts receivable – trade
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, plantand 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)
Minority interests
Total net assets
Total liabilities and net assets

3

June 30, 2014

823,670
91,69843,85735,5598,079

817,894
122,542
47,28539,0538,544

20,706
6,152(1,920)1,027,801

20,186
5,929(1,989)1,059,444

117,543
144,930
262,473

117,601
141,603259,204

4,213

3,178

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

41,7077,592(1)49,298311,680
1,371,124

26,19230,787
5,409
37,061
99,44929,38524,963
5,608
39,612
99,56840,456
4,136
44,592
144,041

42,897
3,643
46,540146,108

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

69,01496,2701,366,299(312,356)
1,219,227

5,112

5,481

3,138
(8,012)

2,227(7,922)

238

(214)

5,831
1,199,863
1,343,904

6,003
1,225,016
1,371,124

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 2014
（Millions of Yen）
Three months ended June 302013

2014

106,392
57,34849,044
14,40034,644

163,315
78,22485,091
18,69266,399

553
159
904
526

695
177
2,005
477

2,142

3,354

Foreign exchange losses－80

Miscellaneous expenses
Total non-operating expenses

398

75

398

155

Ordinary income

36,38869,598

Income before income taxes andminority interests
Income taxes-current
Income taxes-deferred
Total taxes and others
Income before minority interests
Minority interests in income
Net income

36,38869,598

11,0692,451
13,52022,868155
22,713

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

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

4Consolidated Statement of Comprehensive Income for the Three months from April to June 2014
（Millions of Yen）
Three months ended June 30
2013

2014

Income before minority interests
Other Comprehensive Income
Valuation difference on
available-for-sale securities
Foreign currency translation adjustment
Adjustment to retirement benefit

22,86845,364739

368

8,208－348
91

Share of other comprehensive income ofaffiliates 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
Minority interests

1,986(1,085)

10,93333,801(278)45,08633,586215

44,740346

5

4.

Other Information(1)

Important changes in scope of consolidation during the period:No(2) Application of the accounting method specific to quarterly
consolidated financial statements:
No(3) Changes in accounting principles and accounting estimate,and revisions/restatements :Changes in accounting principles(Application of Accounting Standard for Retirement Benefits)
FANUC CORPORATION has applied the Accounting Standard forRetirement Benefits (Accounting Standards Board of Japan (ASBJ)
Statement No.26 of May 17, 2012) and Guidance on AccountingStandard for Retirement Benefits (ASBJ Guidance No.25 of May 17,2012) to the main clause stipulated in Article 35 of the AccountingStandard for Retirement Benefits and Article 67 of the Guidance onAccounting Standard for Retirement Benefits since the first quarter ofthe current 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 thediscount rate has been changed as well.
In accordance with transitional accounting as stipulated in Article 37 of
the Accounting Standard for Retirement Benefits, the effect of thechanges 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 first quarter of the current fiscal year.
As a result of adjustments, liabilities for retirement benefits haveincreased by 2,234 million yen, and retained earnings havedecreased by 1,452 million yen at the beginning of the first quarterof the current fiscal year. The impact on the profit/loss of the firstquarter of the fiscal year (year to date) is negligible.
(4) Note on premise of a going concern:

No(5) Note on the substantial change in shareholders’ equity:

No6Supplement to Consolidated Financial Results
１ Consolidated Results（April～June, 2014）
１）Net income
45.2 billion yen (2.0 times from the same period of last year)２）Net sales

163.3 billion yen (1.5 times from the same period of last year)３）Operating income 66.4 billion yen (1.9 times from the same period of last year)
Ordinary income 69.6 billion yen (1.9 times from the same period of last year)
Ordinary income to net sales ratio
42.6%４）Sales by GroupFA
RobotRobomachine

65.4 billion yen (1.2 times from the same period of last year)
40.9 billion yen (1.1 times from the same period of last year)
57.0 billion yen (3.7 times from the same period of last year)５）Orders180.1 billion yen (1.6 times from the same period of last year)

２ Quarterly Changes of Consolidated Financial Results (Billions of yen）

2,000
200.0

Sales

163.3
1,633
150.0
1,500
123.8
1,238

Ordinary income

111.1
1,111
100.0
1,000

Net income

696
69.6
50.0
500

523
52.3

42.9
429

33.9
339

27.0
270

45.2
452

0
October-December
平成25年
2013
10～12月January-March
平成26年
2014
1～3月

7April-June
平成26年
2014
4～6月