April 24, 2019
Company name: FANUC CORPORATION
Representative: Kenji Yamaguchi, President(Stock Code: 6954, 1st Section, Tokyo Stock Exchange)
Contact: Keisuke Fujii, Manager, Public Relations
Tel: (0555) 84 - 5555

Notice Concerning Distribution of Dividends from Surplus(including Special Dividends) to Shareholders
At a meeting held on April 24, 2019, the Board of Directors of FANUC CORPORATION
resolved to propose an agenda asking for authorization to distribute dividends including
special dividends (for the six months ended March 31, 2019) from surplus, with record date on
March 31, 2019, at the 50th Annual General Shareholders’ Meeting to be held in June, 2019.

1．Details of dividends
Record date

March 31, 2019
PreviousForecast

Resolution
Yen

Dividends pershare

Payout ratio(Consolidated)

404.92(Ordinary dividends
224.34)(Special dividends
180.58)108.3%(Ordinary dividends
60.0%)(Special dividends
48.3%)－－

September 30, 2018

March 31, 2018

Past record

Past record

Yen

Yen

598.19(Ordinary dividends
252.87)(Special dividends345.32)
141.9%(Ordinary dividends
60.0%)(Special dividends
81.9%)Millions of Yen

297.7560.0%

Millions of Yen

Total amount ofdividends

Millions of Yen

Effective date
Dividend
resource

June 28, 2019

－December 3, 2018

June 29, 2018

Retained earnings－

Retained earnings

Retained earnings

78,486－

115,950

57,715

2．Reason for the dividend amountOur basic policy of distributing profits to shareholders, announced on April 27, 2015, is asfollows.
1. Dividends
In order to further enhance the distribution of profits to our shareholders in the long term,
we have decided to implement a dividend payout ratio of 60% of our consolidated net
income.
2. Share buybacks
We aim to buy back our own shares in a flexible manner depending on the level of ourstock prices, taking into account the balance with our investment in growth, and where
the Five-Year Average Total Return Ratio does not exceed 80%.
(Note) Five-Year Average Total Return Ratio means the ratio of the total combined
amount of dividends and the total amount of share buybacks, over the total
amount of our consolidated net income for a five-year period.
3. Cancellation of treasury shares
We aim to limit the number of our treasury shares that we hold to a maximum of 5% of
the total number of issued shares. We will, as a general rule, cancel any portion
exceeding that limit every fiscal year.
Since its announcement on April 27, 2015, we have carried out the distribution of profits
to shareholders based on the above policy. For the year-end dividends of this fiscal year,
we will pay the amount equivalent to about a half of the additionally required distribution
amount (*) to realize a Five-Year Average Total Return Ratio of the maximum of 80% for
the period of the last five years including this fiscal year as special dividends in place of ashare buyback, in addition to the ordinary dividends of 60% of our consolidated second
half net income.
* (The total amount of net income for each fiscal year from the fiscal year
ended March 31, 2015 to the fiscal year ended March 31, 2019) × 20% - (thetotal amount of share buybacks and special dividends that were alreadycarried out in each relevant fiscal year.)As the result, the year-end dividend (planned) will be as follows.

First half of
FY 2018

Second half of
FY 2018

FY 2018 in total

Yen

Yen

Yen

Current term (FY 2018)
Dividends per share598.19404.92

1,003.11(Ordinary dividends)(252.87)(224.34)(477.21)(Special dividends)(345.32)(180.58)(525.90)

Payout ratio

141.9%

108.3%

126.1%(Ordinary dividends)(60.0%)(60.0%)(60.0%)(Special dividends)(81.9%)(48.3%)(66.1%)

Dividends per share

265.45297.75563.20

Payout ratio

60.0%

60.0%

60.0%

(Reference)Previous term (FY 2017)End