(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 nine months ended December 31, 2017
January 26, 2018
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: February 9, 2018
Scheduled date of commencing dividend payments: Availability of supplementary briefing material on quarterly financial results: Available
Schedule of quarterly financial results briefing session: Scheduled
1. Consolidated Financial Results for the Nine Months Ended December 31, 2017 (April 1, 2017 – December 31,2017)(1) Consolidated Results of Operations(% represents changes from the previous corresponding Nine-month period.)
Net income
Nine months
ended
Net sales
Operating income
Ordinary income
attributable to owners
December 31
of parent
Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen

2017
535,99437.3
169,235
51.6
185,61848.4
136,3142016
390,327(19.9)
111,649(35.4)
125,120(32.5)
92,573
Note: Consolidated comprehensive income:April-December 2017
¥163,570 million 87.2%
April-December 2016
¥87,376 million (25.6)%
Nine months
ended
December 31

Net income
per share

Net incomeper share(diluted)

Yen

Yen

2017
2016

―
―

703.19477.45(2) Consolidated Financial Position
Total assets

Net assets

Equity ratio

Millions of yen

Millions of yen%

December 31, 2017
March 31, 2017

(Reference) Equity:

1,683,188
1,564,769
December 31, 2017%

47.3
(27.3)

1,440,061
1,369,457¥1,433,772 million

85.2
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

Yen

Yen

2016
186.20208.98395.18――2017
265.45――2017――(forecast)
Note: We have not 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.

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
716,000
33.3224,900
46.8
243,400
44.2
Note: We have changed the forecasts of financial results from the latest ones.

Millions of yen%

Yen

180,200

41.1

929.62*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
December 31, 2017
March 31, 2017
shares
2. Number of treasury stocks
December 31, 201710,217,017
shares

3. Average number of shares during the period
193,849,755
April-December 2017
shares204,072,715
sharesMarch 31, 201710,216,648
sharesApril-December 2016

193,890,545
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 from theseforecasts. The forecasts of the year-end dividends for the year ending March 31, 2018 will be disclosed
promptly upon their availability.

Table of Contents of Accompanying Documents

1.

2.

Results of Operations and Financial Position

2(1) Results of Operations

2(2) Financial Position3(3) Financial Results Forecasts

3Consolidated Quarterly Financial Statements

5(1) Consolidated Quarterly Balance Sheet

5(2) Consolidated Quarterly Statement of Income and Consolidated 6
Quarterly Statement of Comprehensive Income

3.

Consolidated Quarterly Statement of Income

6Consolidated Quarterly Statement of Comprehensive Income

7

Other Information

8(1) Changes in Significant Subsidiaries during the period8(2) Adoption of Simplified and Specifically Applied Accounting
Method for Quarterly Consolidated Financial Reporting

8(3) Changes in Accounting Principles and Accounting Estimates, andRevisions/Restatements
8(4) Note on Premise of a Going Concern

8(5) Note on the Substantial Change in Shareholders’ Equity811. Results of Operations and Financial Position(1) Results of Operations
The FANUC Group’s results for the third quarter (April to December 2017) are as follows.
In the FA Division, the machine tool industry, the primary market for FANUC CNC
systems, continued to experience favorable performance in Japan, China, South Korea andother countries. Sales in Europe were also steady. With regard to our lasers, we establisheda new laser factory in Mibu-machi, Tochigi Prefecture, while we continue focusing our efforts
on expanding sales of fiber laser oscillators. Net sales in the FA Division increased sharplycompared with the corresponding period of the previous fiscal year.
In the Robot Division, sales continued to remain favorable in the Americas, Europe andChina. Particularly, demands in the Americas and China were robust. Sales also remained
steady in Japan. As a result, sales in the Robot Division increased sharply compared withthe corresponding period of the previous fiscal year.
In the Robomachine Division, sales of ROBODRILLs (small machining center),
ROBOSHOTs (electric injection molding machine) and ROBOCUTs (wire-cut electricdischarge machine) were steady for the automobile industry and also robust in general for
IT-related industry, with short-term demand active in China and other countries. Accordingly,
sales increased significantly compared with the corresponding period of the previous fiscalyear.
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
the slogans “one FANUC,” “Reliable” “Predictable” “Easy to Repair,” and “Service First.” Inaddition, as well as proceeding with the application of AI technology to our products, wepressed forward with measures to achieve continuous development in our business,
including expanding sales of FIELD system (FANUC Intelligent Edge Link and Drive system),an open platform in which various companies can participate that started operation in Japanin October 2017, as an IoT initiative.
Furthermore, as previously announced, a fire broke out on December 18, 2017 atFANUC SERVO LTD, a FANUC CORPORATION’s subsidiary for manufacturing motors.
We extend our sincere apologies for raising concern and inconveniencing nearby residents,
our customers, and relevant institutions. Fortunately, there was no harm to any persons, andno permanent damage to the building from this fire. While the fire is expected to have effecton the production of certain motors, the production of standard SERVO MOTORs andSPINDLE MOTORs, which are produced in FANUC Headquarter factory, remain unaffected.

2

The performance of FANUC CORPORATION is not expected to be affected to the extent
that it would reach the criteria for disclosure. The FANUC Group is uniting our efforts indoing everything that we can to recover from this damage and production has been
gradually resumed.
As a result, during the nine months from April to December 2017, FANUC posted
consolidated net sales totaling ¥535,994 million, up 37.3%, consolidated ordinary income
totaling ¥185,618 million, up 48.4%, and consolidated net income totaling ¥136,314 million,
up 47.3%, compared with the corresponding period of the previous fiscal year.
Looking at the performance by business group, the FA Division posted consolidated
sales totaling ¥166,668 million, up 30.5%, the Robot Division posted consolidated sales
totaling ¥167,056 million, up 22.6%, the Robomachine Division posted consolidated sales
totaling ¥137,655 million, up 99.0%, and the Service Division posted consolidated sales
totaling ¥64,615 million, up 12.8%, compared with the corresponding period of the previous
fiscal year.
(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 Position
Total assets were ¥1,683,188 million, up ¥118,419 million compared with the end of theprevious fiscal year.
Total liabilities were ¥243,127 million, up ¥47,815 million compared with the end of theprevious fiscal year.
Total net assets were ¥1,440,061 million, up ¥70,604 million compared with the end of
the previous 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.)(3) Financial Results Forecasts
It is anticipated that our performance will remain favorable overall.
On the other hand, the situation is expected to remain unpredictable, due to concerns
including foreign exchange fluctuation.
The present forecast for consolidated financial results for the year ending March 31,2018 is as follows:3For the fiscal year 2017 (April 1, 2017 through March 31, 2018)(Millions of yen)Previous forecast(released onNew forecast

October 25, 2017)

Comparison withprevious forecast (%)

Net sales693,000

716,000

3.3

Operating income

209,100

224,900

7.6

Ordinary income

225,400

243,400

8.0

Net income

164,900

180,200

9.3

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

4

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 accountsTotal 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 earnings
Treasury 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

5(Millions of yen)
December 31, 2017629,761
120,787
145,000
60,58043,892
13,86447,047(1,287)
1,059,644

623,320
145,588
145,000
77,542
51,334
20,471
48,599(1,413)
1,110,441

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

213,626
137,237
109,956
460,819
6,383

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

88,905
16,642(2)
105,545572,747
1,683,188

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

49,32630,391
7,415
86,345
173,477

71,175
3,422
74,597
195,312

66,132
3,518
69,650243,127

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

69,01496,265
1,351,501(90,922)
1,425,858

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

14,981
16,166(23,233)
7,914
6,289
1,440,061
1,683,188

(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
Real estate acquisition tax
Loss on fire
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

6

Nine months ended
December 31, 2016

Nine months ended
December 31, 2017

390,327
220,330
169,997
58,348111,649

535,994295,732
240,262
71,027
169,235

1,678
1,346
7,393
4,229
14,646

2,324
1,393
11,742
3,951
19,410

150
11
1,014
1,175
125,120
125,120
34,315(2,033)32,282
92,838265
92,573

498
805
991
733
3,027
185,618
185,618
52,815(3,864)
48,951
136,667353
136,314

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 nine months ended
December 31
Comprehensive income attributable to:
Owners of parent
Non-controlling interests

7

Nine months ended
December 31, 2016

Nine months ended
December 31, 2017

92,838

136,667

2,929
(531)
1,059

6,387
16,557
3,295(8,919)(5,462)664
26,90387,376

163,570

87,223
153

162,871699

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:None8