Consolidated Quarterly Financial Results (based on Japanese standards)
For the nine months ended December 31, 2014
January 28, 2015
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 Nine months Ended December 31, 2014 （April 1, 2014 –December 31, 2014）(1) Consolidated Results of Operations(％ represents change from the corresponding previous nine months period)
Nine months ended
Net sales
Operating income
Ordinary income
Net income
December 31％

Millions of yen％ Millions of yen

Millions of yen

526,406 60.9
211,91085.4
222,851
327,202 (15.0)
114,293 (21.9) 122,036
Note: Comprehensive income April-December 2014 ¥182,934million
April-December 2013 ¥117,637million
2014
2013

Nine months ended
December 31

Net income pershare basic

149,453
77,080％93.9(19.0)

Net income pershare dilutedYenYen

──763.82
393.872014
2013％ Millions of yen

82.6(19.5)
55.5%
9.1%

(2) Consolidated Financial Position

Total assets

Net assets

Millions of yen

Equity ratio％

Millions of yen

1,522,087
1,334,479
87.2
1,343,904
1,199,863
88.8
Equity: December 31, 2014 ¥1,327,464 million
March 31, 2014 ¥1,194,032 million

December 31, 2014
March 31, 2014
(Ref.)

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

June 30
Yen

Yen

Yen

Full year

YenYen

2013
－
76.80
－
93.26
170.062014－－
144.692014(forecast)－－
Note: The forecasts of dividends have not been changed from the latest ones.
Note: The forecasts of the year-end dividends for the year ending March 31, 2015, will be disclosed
promptly upon their availability.

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

Fiscal period

688,200

Operating income％ Millions of yen

52.6

268,000

Ordinary income％ Millions of yen

63.3

280,900

Netincomeper share

Net income％ Millions of yen

61.1

185,100

Note: The forecasts of financial results have not been changed from the latest ones.

％

Yen

66.9945.98

4. Notes(1) Changes in significant subsidiaries during the nine months ended December 31, 2014(changes in specific subsidiaries that caused change in scope of consolidation) : None
(2) Adoption of simplified and specifically applied accounting methodfor quarterly consolidated financial reporting:None(3) 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. Other Information (3) Changes in accounting policies, changes
in accounting estimates, and restatement of revisions” on Page 6 in Attachment.
(4) Number of shares outstanding（Common shares）
1. Number of shares outstanding at the end of the period（including treasury stocks）
239,508,317
239,508,317
December 31, 2014
March 31, 2014
sharesshares
2. Number of treasury stocks
December 31, 2014

43,854,325
shares

3. Average number of shares during the period
195,664,394
April-December 2014
sharesMarch 31, 2014

43,836,033
sharesApril-December 2013

195,699,105
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. The forecasts of the year-end dividends for the year ending March 31, 2015, will be
disclosed promptly upon their availability.

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 Sheet33. 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)Changes in significant subsidiaries during the period6(2)Adoption of simplified and specifically applied accounting
method for quarterly consolidated financial reporting
6(3)Changes in accounting policies, changes in accounting
estimates, and restatement of revisions
6(4)Note on premise of a going concern6(5)Note on the substantial change in the shareholders’ equity

6Supplement to Consolidated Financial Results

171. Results of Operations and Financial Position(1) Results of Operations
The business environment surrounding the FANUC group during the nine months from April toDecember 2014 was as follows. Demands for CNC systems steadily increased in Japan, China,
Europe, and in other countries, amidst a worldwide economic recovery trend in the machine toolsindustry. For the ROBOT business, demands increased in the Americas and China. Moreover,there was continued lively activity in the short-term demands in a part of the IT industry as well.
Against such a background, the FANUC group continued to enhance high-performance andhigh-intelligence while sticking to the basics of high reliability, and to enhance robotization in
manufacturing its products to further improve competitiveness.
As a result, during the first nine months of the fiscal year ending March 31, 2015, FANUC
posted consolidated net sales totaling ¥526,406 million, up 60.9%, consolidated ordinary income
totaling ¥222,851 million, up 82.6%, and consolidated net income totaling ¥149,453 million, up
93.9%, compared with the corresponding period of the previous fiscal year.
Looking at the performance by business group, the FA Group posted consolidated sales
totaling ¥188,700 million, up 14.8%, the Robot Group posted consolidated sales totaling ¥135,421
million, up 23.0%, and the Robomachine Group posted consolidated sales totaling ¥202,285
million, up 282.9%, compared with the corresponding period of the previous fiscal year.
(2)

Financial Position

Total assets increased ¥178,183 million to ¥1,522,087 million compared with the end of theprevious fiscal year. The main increase is ¥119,907 million in securities (negotiable certificates ofdeposit).
Total liabilities increased ¥43,567 million to ¥187,608 million compared with the end of theprevious fiscal year.
Total net assets increased ¥134,616 million to ¥1,334,479 million compared with the end of theprevious fiscal year.
(3) Financial Results Forecasts
The forecasts of the consolidated financial results for the year ending March 31, 2015, havenot been changed from the latest ones.

22. Consolidated Quarterly Balance Sheet（Millions of Yen）
March 31, 2014
AssetsCurrent assets:
Cash and deposits
Notes and accounts receivable – trade
Securities
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, 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 payable – trade
Income taxes payable
Warranty reserves
OthersTotal current liabilitiesNoncurrent 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 comprehensiveincome(loss)
Minority interests
Total net assets
Total liabilities and net assets

3December 31, 2014

823,670
91,69893
43,85735,5598,079

808,703
129,467
120,000
51,78540,737
11,33520,706
6,059(1,920)1,027,801

23,013
12,420(2,330)1,195,130

117,543
144,930
262,473
4,213

125,916
138,896
264,812819

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

50,925
10,402(1)
61,326
326,957
1,522,087

26,19230,787
5,409
37,061
99,44942,96942,833
6,197
49,670141,669

40,456
4,136
44,592
144,041

42,847
3,092
45,939187,608

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

69,01496,274
1,442,489(312,651)
1,295,126

5,112

5,932

3,138
(8,012)

34,106(7,700)238

32,3385,831
1,199,863
1,343,904

7,015
1,334,479
1,522,087

3. Consolidated Quarterly Statement of Income
and Consolidated Quarterly Statement of Comprehensive Income
Consolidated Statement of Income for the Nine months from April to December 2014
（Millions of Yen）
Nine months ended December 31

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

2013

2014

327,202
169,160
158,042
43,749114,293

526,406
256,414
269,992
58,082211,910

1,671
1,260
3,958
1,666

1,995
708
6,879
1,799

8,555

11,381Non-operating expenses
Miscellaneous expenses
Total non-operating expenses

812

440

812

440

Ordinary income

122,036

222,851

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

122,036

222,851

42,2092,307
44,516
77,520440
77,08076,941(4,249)72,692150,159706
149,4534

Consolidated Statement of Comprehensive Income for the Nine months from April to December 2014
（Millions of Yen）
Nine months ended December 312013

2014

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

77,520150,159

2,576

819

34,253－30,545
312

Share of other comprehensive income ofaffiliates accounted for using equity method
Total other comprehensive income
Comprehensive income for the nine monthsended December 31
Comprehensive income attributable to:
Owners of parent
Minority interests

3,288

1,099

40,117
117,637

32,775
182,934

116,491
1,146

181,552
1,382

5

4.

Other Information(1) Changes in significant subsidiaries during the nine months ended
December 31, 2014(changes in specific subsidiaries that caused change in scope ofconsolidation):(2)

Adoption of simplified and specifically applied accounting methodfor quarterly consolidated financial reporting :

None

None

(3) Changes in accounting policies, changes in accounting estimates,
and restatement of revisions :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 May17, 2012) to the main clause stipulated in Article 35 of theAccounting Standard for Retirement Benefits and Article 67 of theGuidance on Accounting Standard for Retirement Benefits since thefirst quarter of the current fiscal year.
Under the new standard, the calculation of liabilities for retirement
benefits and service costs has been revised and the method ofattributing expected benefits to periods has been changed fromstraight-line basis to benefit formula basis. The determination of
the discount rate has been changed as well.
In accordance with transitional accounting as stipulated in Article 37of 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 retainedearnings, at the beginning of the current fiscal year.
As a result of adjustments, liability related to retirement benefits
have increased by 2,234 million yen, and retained earnings havedecreased by 1,452 million yen at the beginning of the current fiscalyear. The impact on the profit/loss of the first nine months of thecurrent fiscal year is negligible.
(4) Note on premise of a going concern:

None(5) Note on the substantial change in shareholders’ equity:

None6

Supplement to Consolidated Financial Results
１ Consolidated Results（April～December, 2014）
１）Net income
149.5 billion yen (1.9 times from the same period of last year)２）Net sales

526.4 billion yen (1.6 times from the same period of last year)３）Operating income 211.9 billion yen (1.9 times from the same period of last year)
Ordinary income 222.9 billion yen (1.8 times from the same period of last year)
Ordinary income to net sales ratio
42.3%４）Sales by GroupFA
Robot
Robomachine

188.7 billion yen (1.1 times from the same period of last year)
135.4 billion yen (1.2 times from the same period of last year)
202.3 billion yen (3.8 times from the same period of last year)５）Orders

551.2 billion yen (1.6 times from the same period of last year)

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

200.0
2,000

1,836
183.6

179.5
1,795

Sales

163.3
1,633
150.0
1,500
Ordinary income

100.0
1,000

50.0
500

77.9
779

75.4
754

69.6
696

49.2
492

45.2
452

Net income

55.1
5510
April-June
平成26年20144～6月

July-September
平成26年
20147～9月

7October-December
平成26年
201410～12月