(TRANSLATION)
This document has been translated from the Japanese original for reference purposes only. In the event of any
discrepancy between this translated document and the Japanese original, the original shall prevail. The Company
assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from thetranslation.

Consolidated Quarterly Financial Results(based on Japanese standards)
For the six months ended September 30, 2017
October 25, 2017
Company name: FANUC CORPORATION
Stock exchange listing: Tokyo Stock Exchange
Stock code:6954
URL: http://www.fanuc.co.jp
Representative: (Title) Chairman(Name) Yoshiharu Inaba
Contact:(Title) Manager, Public Relations (Name) Keisuke Fujii TEL: (0555) 84-5555
Scheduled date of filing quarterly report: November 8, 2017
Scheduled date of commencing dividend payments: December 1, 2017
Availability of supplementary briefing material on quarterly financial results: Available
Schedule of quarterly financial results briefing session: Scheduled
1. Consolidated Financial Results for the Six Months Ended September 30, 2017 (April 1, 2017 – September
30, 2017)(1) Consolidated Results of Operations(% represents changes from the previous corresponding six-month period.)
Net income
Six months
ended
Net sales
Operating income
Ordinary income
attributable to owners
September 30of parent%

Millions of yen

Millions of yen%

Millions of yen%

Millions of yen

2017
347,61235.2
107,39637.0
118,39745.7
2016257,108(26.5)
78,400(38.4)
81,254(40.6)
Note: Consolidated comprehensive income:April-September 2017¥99,666 million
April-September 2016
¥26,422 million
Six months
ended
September 30

Net income
per share

Net income
per share(diluted)YenYen

2017
2016

Net assets

Equity ratio

Millions of yen

Millions of yen%(Reference) Equity:%

42.5(34.5)――

442.41
310.33(2) Consolidated Financial Position
Total assets
September 30, 2017
March 31, 201785,76360,174277.2%(67.5)%

1,662,369
1,427,807
1,564,769
1,369,457
September 30, 2017 ¥1,422,058 million

85.5
87.1
March 31, 2017 ¥1,363,155 million

2. Dividends
Dividends per share
1stQuarter

2nd
Quarter

3rd
QuarterYear-end
Dividends

Full year

Yen

Yen

Yen

YenYen2016
186.20208.98395.18――2017265.45
―
2017
―
―
―
(forecast)
Note: We have changed the forecasts of dividends from the latest ones.
Note: The forecasts of the year-end dividends for the year ending March 31, 2018 will be disclosed promptly
upon their availability.

13. Consolidated Financial Forecasts for the Year Ending March 31, 2018 (April 1, 2017 – March 31, 2018)(% represents changes from the previous fiscal year.)
Net income
Net income
Net sales
Operating income
Ordinary income
attributable toper shareowners of parent
Millions of yen%

Millions of yen%

Millions of yen%

Fiscal period
693,000
29.1
209,100
36.5
225,400
33.5
Note: We have changed the forecasts of financial results from the latest ones.

Millions of yen%

Yen

164,900

29.1

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

2. Changes in accounting principles other than 1: No

3. Changes in accounting estimates: No

4. Revisions/restatements: No(4) Number of shares outstanding (Common shares)
1. Number of shares outstanding at the end of the period (including treasury stocks)
204,059,017
September 30, 2017
March 31, 2017
shares
2. Number of treasury stocks
September 30, 2017

10,209,673
shares

3. Average number of shares during the period
193,852,478
April-September 2017
shares204,072,715
sharesMarch 31, 201710,216,648
sharesApril-September 2016

193,904,637
shares＊ The report of the quarterly financial results is not subject to the quarterly review.
＊ 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. The forecasts of the year-end dividends for the year ending March 31, 2018 will be
disclosed promptly upon their availability.

2Table of Contents of Accompanying Documents

1.

2.

Results of Operations and Financial Position

4(1) Results of Operations

4(2) Financial Position

5(3) Financial Results Forecasts

6Consolidated Quarterly Financial Statements

7(1) Consolidated Quarterly Balance Sheet

7(2) Consolidated Quarterly Statement of Income and Consolidated 8
Quarterly Statement of Comprehensive Income

3.

Consolidated Quarterly Statement of Income

8Consolidated Quarterly Statement of Comprehensive Income

9(3) Consolidated Quarterly Statement of Cash Flow

10

Other Information

11(1) Changes in Significant Subsidiaries during the period

11(2) Adoption of Simplified and Specifically Applied Accounting
Method for Quarterly Consolidated Financial Reporting11(3) Changes in Accounting Principles and Accounting Estimates,
11and Revisions/Restatements(4) Note on Premise of a Going Concern

11(5) Note on the Substantial Change in Shareholders’ Equity1131. Results of Operations and Financial Position(1) Results of Operations

The FANUC Group’s results for the second quarter (April to September 2017) are as follows.
In the FA Division, the machine tool industry, the primary market for FANUC CNC systems,
experienced favorable performance in Japan, China, South Korea and other countries. Sales inEurope were also steady. With regard to our lasers, although sales remained sluggish both inJapan and overseas, we continued to focus our efforts on expanding sales of fiber laser
oscillators. Net sales in the FA Division increased sharply compared with the corresponding
period of the previous fiscal year."In the Robot Division, sales continued to remain favorable in the Americas, Europe and China.
Particularly, demand in China was robust. Sales also remained steady in Japan. As a result,sales in the Robot Division increased sharply compared with the corresponding period of theprevious fiscal year.
In the Robomachine Division, sales of ROBODRILLs (small machining center), ROBOSHOTs(electric injection molding machine) and ROBOCUTs (wire-cut electric discharge machine) weresteady for the automobile industry and also robust in general for IT-related industry, withshort-term demand active in China and other countries. Accordingly, sales increased significantlycompared with the corresponding period of the previous fiscal year.
Under these circumstances, the FANUC Group strived to earn customers’ trust in ourproducts and services to an even greater extent, by becoming united as one group under theslogans “one FANUC,” “Reliable” “Predictable” “Easy to Repair,” and “Service First.” In addition,
as well as proceeding with the application of AI technology to our products, we pressed forwardwith measures to achieve continuous development in our business, including starting ofoperation of FIELD system (FANUC Intelligent Edge Link and Drive system), an open platform inwhich various companies can participate, in Japan on October 2, as an IoT initiative.
As a result, during the six months from April to September 2017, FANUC posted consolidated
net sales totaling ¥347,612 million, up 35.2%, consolidated ordinary income totaling ¥118,397
million, up 45.7%, and consolidated net income totaling ¥85,763 million, up 42.5%, comparedwith the corresponding period of the previous fiscal year.
Looking at the performance by business group, the FA Division posted consolidated sales
totaling ¥105,351 million, up 25.6%, the Robot Division posted consolidated sales totaling¥109,715 million, up 24.4%, the Robomachine Division posted consolidated sales totaling¥90,054 million, up 89.9%, and the Service Division posted consolidated sales totaling ¥42,492
million, up 13.0%, compared with the corresponding period of the previous fiscal year.

4

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

(2) Financial Position①

Assets, Liabilities and Net Assets
Total assets were ¥1,662,369 million, up ¥97.6 billion compared with the end of the previous

fiscal year. The main increase was ¥43,363 million in cash and bank deposits.
Total liabilities were ¥234,562 million, up ¥39,250 million compared with the end of theprevious fiscal year.
Total net assets were ¥1,427,807 million, up ¥58,350 million compared with the end of theprevious fiscal year.
We cancelled our treasury shares exceeding the 5% of the total number of issued shares(13,698 shares, ¥98 million) on May 31, 2017 based on the shareholder return policy weannounced on April 27, 2015. (There was no effect on the amount of total net assets.)② Cash Flow
Cash and cash equivalents (hereinafter “Cash”) for the first half of the current fiscal year
amounted to ¥818,124 million, up ¥43,363 million from the end of the previous fiscal year.

(Cash flow from operating activities)
Cash provided by operating activities during the six months ended September 30, 2017
amounted to ¥112,142 million, up ¥41,482 million compared with the same period of the previousfiscal year. This was mainly due to the increase in income before income taxes.

(Cash flow from investing activities)
Cash used in investing activities during the six months ended September 30, 2017 amountedto ¥30,439 million, down ¥18,511 million compared with the same period of the previous fiscalyear. This was mainly due to the decrease in the purchases of property, plant and equipment.

(Cash flow from financing activities)
Cash used in financing activities during the six months ended September 30, 2017 amounted
to ¥41,359 million, down ¥12,697 million compared with the same period of the previous fiscalyear. This was mainly due to the decrease in purchase of treasury stock.

5

(3) Financial Results Forecasts

Our performance generally remains favorable and is expected to continue to perform
favorably in the second half of the fiscal year as well.
On the other hand, the situation is expected to remain unpredictable, due to concerns
including foreign exchange fluctuation and geopolitical risks.
The present forecast for consolidated financial results for the year ending March 31, 2018 isas follows:

For the fiscal year 2017 (April 1, 2017 through March 31, 2018)(Millions of yen)Previous forecast
Comparison with(released on

New forecast
previous forecast (%)

July 28, 2017)
Net sales

611,400

693,000

13.3

Operating income

169,800

209,100

23.1

Ordinary income

179,200

225,400

25.8

Net income

131,500164,900

25.4

Note: The currency rate applied to the period from October 1, 2017 to March 31, 2018 isaveraged at 105 yen/US dollar and 125 yen/euro.

62. Consolidated Quarterly Financial Statements(1) Consolidated Quarterly Balance Sheet
March 31, 2017
AssetsCurrent assets
Cash and bank deposits
Notes and accounts receivables, tradeMarketable securities
Finished goods
Work in progress
Raw materials and supplies
Other current assets
Allowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment
Buildings
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 payables, trade
Accrued income taxes
Warranty reserves
Other current liabilities
Total current liabilities
Long-term liabilities
Net defined benefit liability
Other long-term liabilities
Total long-term liabilities
Total liabilities
Net assets
Shareholders' equity
Common stock
Capital surplus
Retained earningsTreasury stock, at cost
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

7(Millions of yen)
September 30, 2017629,761
120,787
145,000
60,58043,892
13,86447,047(1,287)
1,059,644

673,124
126,345
145,000
70,28352,66918,47543,769(1,476)
1,128,189

195,765
134,400
76,225406,390
4,687

207,212135,194
86,888429,294
6,128

72,19521,855(2)
94,048505,125
1,564,769

78,83919,921(2)
98,758534,180
1,662,369

36,011
22,994
6,994
54,716
120,715

49,33635,1487,143
72,609164,236

71,175
3,422
74,597
195,31266,831
3,495
70,326
234,562

69,01496,2081,307,254(90,677)
1,381,799

69,01496,265
1,352,408(90,729)
1,426,958

8,594(710)(26,528)(18,644)
6,302
1,369,457
1,564,769

12,104
5,695(22,699)(4,900)5,749
1,427,8071,662,369

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

Net sales
Cost of goods sold
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividends income
Equity in earnings of affiliates
Miscellaneous income
Total non-operating income
Non-operating expenses
Loss on sales and retirement of noncurrent assets
Foreign exchange losses
Real estate acquisition tax
Miscellaneous expenses
Total non-operating expenses
Ordinary income
Income before income taxes
Income taxes-current
Income taxes-deferred
Total taxes and others
Net income
Net income attributable to non-controlling interests
Net income attributable to owners of parent

8

Six months ended
September 30, 2016

Six months ended
September 30, 2017257,108
140,812116,296
37,89678,400347,612
193,474
154,138
46,742
107,396

1,121
846
5,254
973
8,194

1,533
1,019
7,305
2,760
12,617

59
4,449
11
821
5,340
81,254
81,25423,739(2,829)20,91060,344170
60,174

348
805
463
1,616
118,397
118,397
36,554(4,162)32,39286,005242
85,763

Consolidated Quarterly Statement of Comprehensive Income(Millions of yen)

Net income
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Share of other comprehensive income of affiliates
accounted for using equity method
Total other comprehensive income
Comprehensive income for the six months ended
September 30
Comprehensive income attributable to:
Owners of parent
Non-controlling interests

9

Six months ended
September 30, 2016

Six months endedSeptember 30, 201760,34486,005

1,357(28,476)
1,212

3,510
6,896
3,829

(8,015)(33,922)(574)
13,661

26,422

99,666

26,658(236)

99,506160

(3) Consolidated Quarterly Statement of Cash Flow
(Millions of yen)

Cash flows from operating activities
Income before income taxes
Depreciation and amortization
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in net defined benefit liability
Interest and dividend income
Equity in (earnings) losses of affiliates, net(Increase) decrease in receivables, trade(Increase) decrease in inventories
Increase (decrease) in payables, trade
Other
SubtotalInterest and dividends received
Income taxes paid
Other
Net cash provided by operating activities
Cash flows from investing activities
Purchases of property, plant, and equipment
Other
Net cash used in investing activities
Cash flows from financing activities
Purchase of treasury stock
Dividends paid
Other
Net cash used in financing activities
Effect of exchange rate changes on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period10

Six months ended
September 30, 2016

Six months ended
September 30, 201781,254
10,695(110)(60)(1,967)(5,254)
6,041(8,203)3,894(312)
85,9786,747(22,030)(35)
70,660118,397
15,909124(4,744)(2,552)(7,305)(4,662)(19,713)
12,614
21,259129,3277,600(24,818)
33
112,142(48,453)(497)(48,950)(27,759)(2,680)(30,439)(13,303)(40,510)(243)(54,056)(19,188)(51,534)
831,662
780,128(151)(40,554)(654)(41,359)
3,019
43,363774,761
818,124

3. Other Information(1) Changes in Significant Subsidiaries during the period(changes in specific subsidiaries that caused change in scope ofconsolidation):

None(2) Adoption of Simplified and Specifically Applied Accounting Method
for Quarterly Consolidated Financial Reporting:None(3) Changes in Accounting Principles and Accounting Estimates, andRevisions/Restatements:

None(4) Note on Premise of a Going Concern:

None(5) Note on the Substantial Change in Shareholders’ Equity:None11