(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 three months ended June 30, 2022
July 27, 2022
Company name: FANUC CORPORATION
Stock exchange listing: Tokyo Stock Exchange
Stock code:6954
URL: https://www.fanuc.co.jp/eindex.html
Representative: (Title) President(Name) Kenji YamaguchiContact:(Title) Manager, Public Relations & Shareholders Relations Department(Name) Naoki Yukisada TEL: (0555)84－5555
Scheduled date of filing quarterly report: August 8, 2022
Scheduled date of commencing of 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 Three Months Ended June 30, 2022 (April 1, 2022 – June 30, 2022)(1) Consolidated Results of Operations(% represents changes from the previous corresponding Three-month period.)
Net income
Three months
Net sales
Operating income
Ordinary income
attributableto owners
ended June 30of parent
Millions of yen%

Millions of yen%2022
211,563
14.2
49,757(4.4)
2021
185,293
69.6
52,070370.0
Note: Consolidated comprehensive income:April-June 2022:
April-June 2021:
Three months
ended June 30
2022
2021

Net income
per share

Net income
per share(diluted)

YenYen220.00210.07

Millions of yen%

Millions of yen

59,5382.757,960
341.1¥84,743 million 76.8%¥47,920 million 278.8%

42,12240,295%

4.5
343.2

——

(2) Consolidated Financial Position
Total assets
Millions of yen

Net assets

Equity ratio

Millions of yen%

June 30, 2022
1,794,600
1,576,193
March 31, 2022
1,783,964
1,549,879(Reference) Equity: June 30, 2022: ¥1,562,673 million

87.1
86.1
March 31, 2022: ¥1,535,809 million

2. Dividends
Dividends per share
1st Quarter

2nd Quarter

3rd Quarter

Year-end
Dividends

Full year

YenYen

Yen

Yen

Yen

FY2021246.02
239.68
485.70——
FY2022—FY2022————(forecast)
Note: We have not changed the forecasts of dividends from the latest ones.
Note: The forecasts of the 2nd quarter-end and year-end dividends for the year ending March 31, 2023, will be
disclosed promptly upon their availability.

3. Consolidated Financial Forecasts for the Year Ending March 31, 2023 (April 1, 2022 – March 31, 2023)(% for the 2Q cumulative period and for the full year represent changes from the same quarter of the previous
fiscal year and changes from the previous fiscal year.)
Net income
Net income
Net sales
Operating income
Ordinary income
attributable toper shareowners of parent
2nd Quarter

Millions of yen%

412,300

17.3

Millions of yen

2.9

Millions of yen

115,100%

Millions of yen%

Yen

6.8

83,0005.5

433.69Fiscal period
825,700
12.6
198,400
8.3
230,100
7.8
Note: We have changed the forecasts of financial results from the latest ones.

166,900

7.5

872.29(Cumulative)

96,600%*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)
201,909,397
June 30, 2022March 31, 2022
shares
2. Number of treasury stocks
June 30, 2022

201,909,397
shares

10,617,706
sharesMarch 31, 2022

10,089,875
shares

3. Average number of shares during the period
191,467,700
April-June 2022
sharesApril-June 2021

191,812,543
shares＊ The report of the quarterly financial results is not subject to audit by certified public accountant or audit firm.
＊ Any forward looking statements such as financial 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 these forecasts. For the details of the financial forecasts, please see“Financial Results Forecasts” on page 3 of the Accompanying Documents. The forecasts of the 2nd
quarter-end and the year-end dividends for the year ending March 31, 2023, will be disclosed promptly upon
their availability.

Table of Contents of Accompanying Documents
1. Results of Operations and Financial Position

2(1)

Results of Operations

2(2)Financial Position

3(3)

Financial Results Forecasts

3

2. Consolidated Quarterly Financial Statements(1)

Consolidated Quarterly Balance Sheet(2)

Consolidated Quarterly Statement of Income andConsolidated Quarterly Statement of Comprehensive Income

46

Consolidated Quarterly Statement of Income

6Consolidated Quarterly Statement of Comprehensive Income

7

3. Other Information

8(1)Changes in Significant Subsidiaries during the Period(2)

Adoption of Simplified and Specifically Applied Accounting
Method for Quarterly Consolidated Financial Reporting

(3)

488

Changes in Accounting Principles and Accounting Estimates, andRevisions/Restatements

8(4)Note on Premise of a Going Concern8(5)Note on the Substantial Change in Shareholders’ Equity811. Results of Operations and Financial Position(1) Results of Operations
Regarding the circumstances surrounding the FANUC Group during the first quarter (from April 1to June 30, 2022), capital investment across the entire manufacturing sector was active, including in
relation to automobiles. However, the outlook remained uncertain due to several factors, including theimpact of the shortage in semiconductors and other components in the supply chain on production
activities, accelerating inflation, and sudden fluctuations in foreign exchange rates.
Under these circumstances, the FANUC Group has striven to maintain the delivery of products

and service activities for our customers while aiming to prevent the spread of COVID-19. In
particular, with regard to the shortages of semiconductors and other components, the entire
company has done every effort to minimize the impact of such shortages by taking measures
such as utilizing alternative parts and even changing the design of our products.
During the three months from April to June 2022, FANUC posted consolidated net sales totaling¥211,563 million, up 14.2%, consolidated ordinary income totaling ¥59,538 million, up 2.7%, and net
income attributable to owners of parent totaling ¥42,122 million, up 4.5%, compared with thecorresponding period of the previous fiscal year.
An overview of the results for each business division is as follows:
In the FA Division, demand from the machine tool industry, the primary market for CNC systems,remained strong on a global scale, including in China, Europe, the Americas, Asia, and Japan, andsales of our CNC systems for machine tools increased. Net sales in the FA Division amounted to¥65,560 million, up 25.6% compared with the corresponding period of the previous fiscal year.
In the Robot Division, sales in China remained strong, mainly for EVs and in IT-related industries.
Strong sales were also recorded in the United States, to general industries and to the automobile
industry with EV-related demand, and sales to general industries in Europe remained strong. InJapan, sales remained unchanged. As a result, net sales in the Robot Division amounted to ¥80,429
million, up 36.8% compared with the corresponding period of the previous fiscal year.
In the Robomachine Division, sales of ROBODRILLs (compact machining centers) decreased
compared to the same period of the previous year when there was vigorous demand for use in thepersonal computer, tablet, and smartphone markets. Despite strong demand from IT-related andmedical markets, sales of ROBOSHOTs (electric injection molding machines) decreased comparedto the same period of the previous year when sales were strong. Sales of ROBOCUTs (wireelectrical-discharge machines) increased due to strong demand from IT-related and automobilecomponent markets. As a result, net sales in the Robomachine Division amounted to ¥40,190 million,
down 24.5% compared with the corresponding period of the previous fiscal year.
In the Service Division, with an emphasis on our policy of “Service First,” we are strengthening theservice system and improving efficiency by actively introducing IT technology. Net sales in theService Division amounted to ¥25,384 million, up 20.6% compared with the corresponding period of
the previous fiscal year.
2(2) Financial Position
Total assets were ¥1,794,600 million, up ¥10,636 million compared with the end of the previousfiscal year.
Total liabilities were ¥218,407 million, down ¥15,678 million compared with the end of theprevious fiscal year.
Total net assets were ¥1,576,193 million, up ¥26,314 million compared with the end of theprevious fiscal year.
(3) Financial Results Forecasts
In light of the financial results for the first quarter and the current outlook for the businessenvironment, the Company forecasts financial results for the first half of fiscal 2022 (the fiscal year
ending March 31, 2023) and fiscal 2022 as follows.
For the first half of the fiscal year 2022 (April 1, 2022 through September 30, 2022)(Millions of yen)

Net sales
Operating income
Ordinary income
Net income
attributable to ownersof parent

Previous forecast(released on
April 26, 2022)[A]
410,800
97,300113,900
83,000

New forecast[B]

Comparison withprevious forecast (%)[(B-A) / A]

412,300
96,600115,100

0.4%(0.7%)
1.1%

83,0000.0%

For the fiscal year 2022 (April 1, 2022 through March 31, 2023)(Millions of yen)

Net sales
Operating income
Ordinary income
Net income
attributable to ownersof parent

Previous forecast(released on
April 26, 2022)[A]
825,500
197,300
227,400

New forecast[B]

166,200

Comparison withprevious forecast (%)[(B-A) / A]

825,700
198,400
230,100

0.0%
0.6%
1.2%

166,900

0.4%

Note: The currency rate applied to the period from July 1, 2022 to March 31, 2023 is averaged at 125
yen/US dollar and 135 yen/Euro.

3

2. Consolidated Quarterly Financial Statements(1) Consolidated Quarterly Balance Sheet(Millions of yen)March 31, 2022

June 30, 2022

423,515
25,707
124,488
177,700
114,228
80,00655,33014,996(1,024)

417,927
26,529141,200137,100
135,543
79,16263,09819,754(1,190)1,014,946

1,019,123

326,459
155,369
96,305

329,603
156,767
96,341

Total property, plant and equipment
Intangible assets
Investments and other assets

578,133

582,711

8,933

9,115

Investment securities
OthersAllowance for doubtful accounts

135,70946,668(425)

137,259
46,819(427)

Total investments and other assets
Total noncurrent assets

181,952

183,651

AssetsCurrent assets
Cash and bank deposits
Notes receivables, trade
Accounts receivable, 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, net
Buildings
Land
Other, net

Total assets

4769,018

775,477

1,783,964

1,794,600

(Millions of yen)March 31, 2022

June 30, 2022

49,47337,572
10,73979,81850,55318,354
11,06180,059177,602

160,027

51,693
4,790

52,393
5,987

56,48358,380234,085

218,407

69,01496,082

69,01496,082

1,441,559(105,950)

1,437,706(116,161)

Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive
incomeNon-controlling interests

1,500,705

1,486,641

15,204

13,99936,087(16,187)

78,227(16,194)

35,10476,032

14,07013,520Total net assets

1,549,879

1,576,193

1,783,964

1,794,600

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 liabilities and net assets5(2) Consolidated Quarterly Statement of Income andConsolidated Quarterly Statement of Comprehensive Income
Consolidated Quarterly Statement of Income(Millions of yen)Three months ended
June 30, 2021

Three months ended
June 30, 2022

Net sales
Cost of goods sold

185,293
107,440

211,563
129,643

Gross profit

77,85381,920

Selling, general and administrative expenses

25,78332,163Operating income

52,07049,757

Non-operating income
Interest income
Dividends income
Equity in earnings of affiliates
Miscellaneous income

461
198
4,657
789

806
265
7,790
1,248

Total non-operating income

6,105

10,109

52163

154
174

215

328

57,96059,538541―

Non-operating expenses
Removal expenses of noncurrent assets
Miscellaneous expenses
Total non-operating expenses
Ordinary income
Extraordinary losses
Loss from money transfer scam at foreignsubsidiary
Total extraordinary losses

541―

Income before income taxes

57,41959,538

Income taxes-current
Income taxes-deferred

14,551
1,679

15,308
1,118

Total taxes and others

16,23016,426

Net income

41,18943,112

Net income attributable to non-controlling interests
Net income attributable to owners of parent

6894

990

40,29542,122

Consolidated Quarterly Statement of Comprehensive Income(Millions of yen)Three months ended
June 30, 2021

Three months ended
June 30, 2022

Net income
Other comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustmentRemeasurements of defined benefit plans
Share of other comprehensive income of affiliates
accounted for using equity method

41,18943,112(729)(1,206)2,222
663

35,275
(6)

4,575

7,568

Total other comprehensive income
Comprehensive income for the three months ended
June 30

6,731

41,631

47,92084,74346,930990

83,050
1,693

Comprehensive income attributable to:
Owners of parent
Non-controlling interests7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