(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, 2021
July 29, 2021
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 5, 2021
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, 2021 (April 1, 2021 – June 30, 2021)(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%

2021
185,293
69.6
52,070 370.0
2020
109,260 (18.8)
11,078(61.3)
Note: Consolidated comprehensive income:April-June 2021:
April-June 2020:Three months
ended June 302021
2020

Net income
per share

Net income
per share(diluted)

YenYen210.07
47.39

Millions of yen%

Millions of yen

57,960341.1
13,140(59.0)¥47,920 million 278.8%¥12,650 million (6.3)%

40,295
9,091%

343.2(61.0)——(2) Consolidated Financial Position
Total assets
Millions of yen

Net assets

Equity ratio

Millions of yen%

June 30, 2021
1,625,732
1,443,540
March 31, 2021
1,625,191
1,435,554(Reference) Equity: June 30, 2021: ¥1,432,815 million

88.1
87.7
March 31, 2021: ¥1,425,479 million

2. Dividends
Dividends per share
1st Quarter

2nd Quarter

3rd Quarter

Year-endDividends

Full year

Yen

Yen

Yen

Yen

Yen

FY202087.93
206.14294.07——
FY2021—FY2021————(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, 2022, will be
disclosed promptly upon their availability.

3. Consolidated Financial Forecasts for the Year Ending March 31, 2022 (April 1, 2021 – March 31, 2022)(% 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(Cumulative)

Millions of yen%

Millions of yen%

367,400

59.5

101,900

215.3

Millions of yen

114,800

%

200.4

%

Millions of yen

81,800Yen

191.0

426.46

Fiscal period
727,600
32.0
194,400
72.8
216,400
68.1
156,000
65.9
813.30Note: We have changed the forecasts of financial results from the latest ones.
Note: Actual results may differ from these forecasts, subject to various conditions, including how far thecoronavirus (COVID-19) will further spread, and when the pandemic will end. We will promptly publish new
information, which may greatly affect actual results if any, upon their availability.
*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: Yes

2. Changes in accounting principles other than 1: No

3. Changes in accounting estimates: No

4. Revisions/restatements: No

Note: For details, please see “3. Other Information (3) Changes in Accounting Principles andAccounting Estimates, and Revisions/Restatements” on Page 8 in Attachment.
(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, 2021
March 31, 2021
shares
2. Number of treasury stocks
June 30, 2021

201,922,097
shares

10,097,478
sharesMarch 31, 2021

10,108,169
shares

3. Average number of shares during the period
191,812,543
April-June 2021
sharesApril-June 2020

191,825,011
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 2ndquarter-end and the year-end dividends for the year ending March 31, 2022, 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

46Consolidated Quarterly Statement of Income

6Consolidated Quarterly Statement of Comprehensive Income

73. 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’ Equity

81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, 2021), capital investment across the entire manufacturing sector which had been
declining due to the impact of the spread of the coronavirus (COVID-19) increased. The outlook
remained uncertain however, with fears of the renewed spread of COVID-19, a shortage in major
components such as semiconductors, and the impact of friction between the United States andChina.
Under these circumstances, the FANUC Group has striven to maintain the delivery of products
and service activities for our customers while placing utmost priority on preventing the spread of
COVID-19.
During the three months from April to June 2021, FANUC posted consolidated net sales totaling¥185,293 million, up 69.6%, consolidated ordinary income totaling ¥57,960 million, up 341.1%, andnet income attributable to owners of parent totaling ¥40,295 million, up 343.2%, 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 in China and India, and recovered overall, including in Europe and the Americas.
Japan, South Korea, and Taiwan performed strongly, with an increase in exports to Europe and theAmericas, in addition to the Chinese market. With regard to our lasers, the Chinese market and theEuropean market are on a recovery trend, but competition from overseas manufacturers remains
fierce. As a result, net sales in the FA Division amounted to ¥52,206 million, up 49.8% compared withthe corresponding period of the previous fiscal year.
In the Robot Division, Sales in China remained strong, mainly in IT-related industries and for EVs,
heavy machinery and construction machinery. Strong sales were also recorded in the United States,
to general industries and to the automobile industry with EV-related demand. Demand from generalindustries in Europe remained strong, and sales increased. In Japan, sales are recovering after
bottoming-out in October last year. As a result, net sales in the Robot Division amounted to ¥58,806
million, up 44.7% compared with the corresponding period of the previous fiscal year.
In the Robomachine Division, sales of the ROBODRILLs (compact machining centers) increased
due to vigorous demand for use in the computer, tablet, and smartphone markets. Sales of theROBOSHOTs (electric injection molding machines) increased due to strong demand from IT-related
and medical markets. Sales of the ROBOCUTs (wire-cut electric discharge machines) also increased.
As a result, net sales in the Robomachine Division amounted to ¥53,239 million, up 189.9%
compared with the corresponding period of the previous fiscal year.
In the Service Division, sales recovered to the same level as in normal years. Net sales in theService Division amounted to ¥21,042 million, up 36.5% compared with the corresponding period of
the previous fiscal year.
2(2) Financial Position
Total assets were ¥1,625,732 million, up ¥541 million compared with the end of the previous fiscalyear.
Total liabilities were ¥182,192 million, down ¥7,445 million compared with the end of the previous
fiscal year.
Total net assets were ¥1,443,540 million, up ¥7,986 million compared with the end of the previous
fiscal year.
(3) Financial Results Forecasts
For a while, the Company anticipates strong demand in various areas in the fields of FA, Robots,and Robomachines, and as such, forecasts financial results for the first half of fiscal 2021 (the fiscalyear ending March 31, 2022) and fiscal 2021, as follows.
Actual results may differ from these forecasts, subject to various conditions, including how far thecoronavirus (COVID-19) will further spread, and when the pandemic will end. We will promptly
publish new information, which may greatly affect actual results if any, upon their availability.
For the first half of the fiscal year 2021 (April 1, 2021 through September 30, 2021)(Millions of yen)

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

Previous forecast(released on
April 27, 2021)[A]
348,200
87,70097,40070,800

New forecast[B]

Increase fromprevious forecast (%)[(B-A) / A]

367,400
101,900
114,800

5.5
16.2
17.9

81,80015.5

For the fiscal year 2021 (April 1, 2021 through March 31, 2022)(Millions of yen)

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

Previous forecast(released on
April 27, 2021)[A]
657,100
148,400
164,500
120,500

New forecast[B]

Increase fromprevious forecast (%)[(B-A) / A]

727,600
194,400
216,400

10.7
31.0
31.6

156,000

29.5

Note: The currency rate applied to the period from July 1, 2021 to March 31, 2022 is averaged at 105
yen/US dollar and 125 yen/Euro.
3

2. Consolidated Quarterly Financial Statements(1) Consolidated Quarterly Balance Sheet(Millions of yen)March 31, 2021

June 30, 2021

429,784
128,171
157,000
81,25352,00831,007
11,253(782)415,339
130,455
156,900
83,99955,05735,626
14,728(821)

889,694

891,283

Buildings

309,113321,109Land
Other, net

148,389
119,344

153,867
97,481

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

576,846

572,457

9,952

9,725

Investment securities
OthersAllowance for doubtful accounts

109,21239,911(424)

112,591
40,100(424)

Total investments and other assets
Total noncurrent assets

148,699

152,267

735,497

734,449

1,625,191

1,625,732

AssetsCurrent assets
Cash and bank deposits
Notes and accounts receivables, tradeMarketable securitiesFinished 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

Total assets

4

(Millions of yen)March 31, 2021

June 30, 2021

44,015
22,131
8,860
60,112

38,27017,017
8,833
63,332

135,118

127,452

49,3795,140

49,548
5,192

54,51954,740189,637

182,192

69,014
95,99569,014
95,995

1,373,018(106,008)

1,373,639(105,928)

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

1,432,019

1,432,720

16,91016,181(4,849)(18,601)

1,852(17,938)(6,540)95

10,075

10,725

Total net assets

1,435,554

1,443,540

1,625,191

1,625,732

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, 2020Three months ended
June 30, 2021

Net sales
Cost of goods sold109,260
77,782

185,293
107,440

Gross profit

31,47877,853

Selling, general and administrative expenses

20,40025,783Operating income

11,07852,070Non-operating income
Interest income
Dividends income
Equity in earnings of affiliates
Miscellaneous income

729
184
1,447
566

461
198
4,657
789

Total non-operating income

2,926

6,105

138
215

52
68

511

95

Non-operating expenses
Removal expenses of noncurrent assets
Donations
Miscellaneous expenses
Total non-operating expenses

864

215

13,14057,960

―

541

―

541

Income before income taxes

13,14057,419

Income taxes-current
Income taxes-deferred

2,615
1,002

14,551
1,679

Total taxes and others

3,617

16,230Net income

9,523

41,189

432

894

9,091

40,295

Ordinary income
Extraordinary losses
Loss from money transfer scam at foreignsubsidiary
Total extraordinary losses

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

6

Consolidated Quarterly Statement of Comprehensive Income(Millions of yen)

Net income
Other comprehensive income
Valuation difference on available-for-salesecurities
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 three months ended
June 30
Comprehensive income attributable to:
Owners of parent
Non-controlling interests

7

Three months ended
June 30, 2020Three months ended
June 30, 2021

9,523

41,189

3,294

(729)

1,142
441

2,222
663

(1,750)

4,575

3,127

6,731

12,65047,92012,177473

46,930990

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:(Changes in accounting principles)(Application of Accounting Standard for Revenue Recognition, etc.)
The Company has applied “Accounting Standard for Revenue Recognition” (AccountingStandards Board of Japan (ASBJ) Statement No. 29, March 31, 2020), etc. from thebeginning of the three months from April 1 to June 30, 2021. Under AccountingStandard for Revenue Recognition, the Company recognizes revenue at the time whencontrol over the promised goods or services is transferred to the customer, in an amountequal to the consideration expected to be received for the said goods or services.
The application of this accounting standard has no effect on the Company’s
consolidated quarterly financial statements.
（Application of the Accounting Standard for Fair Value Measurement）
The Company has applied “Accounting Standard for Fair Value Measurement” (ASBJ
Statement No.30, July 4, 2019; hereinafter, “Fair Value Accounting Standards”) andothers from the beginning of the first three months from April 1 to June 30, 2021. In
accordance with the transitional treatment set forth in Article 19 of Fair Value AccountingStandards and Article 44-2 of “Accounting Standard for Financial Instruments” (ASBJ
Statement No.10, July 4, 2019), the Company has applied prospectively a new
accounting policy prescribed by Fair Value Accounting Standards and others. The
application of this accounting standard has no effect on the Company’s consolidated
quarterly financial statements.
(4) Note on Premise of a Going Concern:

None(5) Note on the Substantial Change in Shareholders’ Equity:None8