Interim report
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(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 the translation. Consolidated Quarterly Financial Results (based on Japanese standards) For the three months ended June 30, 2025 July 25 , 202 5 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 Yamaguchi Contact: (Title) M anager, Public Relations & Shareholders Relations Department (Name) Naoki Yukisada TEL: (0555)84 －5555 Scheduled date of commencing dividend payments: - Availability of supplementary briefing material on quarterly financial results: Yes Quarterly financial results briefing session: Yes (Amounts are rounded to the nearest million yen) 1. Consolidated Financial Results for the Three Months Ended June 30, 2025 (April 1, 2025 – June 30, 2025) (1) Consolidated Results of Operations (Cumulative) (% represents changes from the previous corresponding three-month period.) Three months ended June 30 Net sales Operating income Ordinary income Net income attributable to owners of parent Millions of yen % Millions of yen % Millions of yen % Millions of yen % 2025 196,363 0.6 42,428 28.7 51,552 25.3 37,844 31.4 2024 195,100 (3.3) 32,958 1.1 41,129 (1.3) 28,803 (5.0) Note: Consolidated comprehensive income: April-June 2025: ¥34,926 million (49.6)% April-June 2024: ¥69,336 million (3.7)% Three months ended June 30 Net income per share Net income per share (diluted) Yen Yen 2025 40.56 — 2024 30.46 — (2) Consolidated Financial Position Total assets Net assets Equity ratio Millions of yen Millions of yen % June 30, 2025 1,903,494 1,726,044 89.9 March 31, 2025 1,937,031 1,739,890 89.0 (Reference) Equity: June 30, 2025: ¥1,711,759 million March 31, 2025: ¥1,724,545 million 2. Dividends Dividends per share 1st Quarter 2nd Quarter 3rd Quarter Fiscal year-end Full year Yen Yen Yen Yen Yen FY2024 — 44.51 — 49.88 94.39 FY2025 — FY2025 (forecast) — — — — Note: We have not changed the forecasts of dividends from the latest ones. Note: The 2nd quarter-end and year-end dividends for FY2025 will be disclosed promptly upon their availability.
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3. Consolidated Financial Forecasts for FY2025 (April 1, 2025 – March 31, 2026) (% for the 2Q cumulative period and the full year represents changes from the same quarter of the previous fiscal year and changes from the previous fiscal year, respectively.) Net sales Operating income Ordinary income Net income attributable to owners of parent Net income per share 2nd Quarter Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen (Cumulative) 397,600 2.5 81,500 7.8 102,000 7.6 74,700 6.8 80.05 Full year 807,000 1.2 159,500 0.4 196,300 (0.2) 143,000 (3.1) 153.25 Note: We have changed the forecasts of financial results from the latest ones. *Notes (1) Significant changes in the scope of consolidation during the three months ended June 30, 2025 (2) Adoption of Simplified and Specifically Applied Accounting Method for Quarterly Consolidated Financial Reporting : No : No (3) Changes in Accounting Principles and Accounting Estimates, and Revisions/Restatements 1. Changes in accounting principles associated with changes in accounting standards 2. Changes in accounting principles other than 1 3. Changes in accounting estimates 4. Revisions/Restatements ： ： ： : No : No : No : No (4) Number of shares outstanding (Common shares) 1. Number of shares outstanding at the end of the period (including treasury stock s) June 30, 2025 982,383,493 shares March 31, 2025 995,418,885 shares 2. Number of treasury stocks at the end of the period June 30, 2025 49,265,034 shares March 31, 2025 62,154,566 shares 3. Average number of shares during the period April-June 2025 933,143,934 shares April-June 2024 945,647,359 shares ＊ Review of the Japanese -language originals of the attached consolidated quarterly financial statements by certified public accountants or audit firms: None ＊ Notes on appropriate use of the financial forecasts, other notes. Any forward-looking statements, such as financial forecasts described in this report, are subject to uncertain factors, including product supply and demand trends, industry competition, economic conditions, and others in major markets. Actual results may d iffer 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 FY2025 will be disclosed promptly upon their availability.
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1 Table of Contents of Accompanying Documents 1. Results of Operations and Financial Position 2 (1) Overview of Results of Operations 2 (2) Financial Position 2 (3) Financial Results Forecasts 3 2. Consolidated Quarterly Financial Statements 4 (1) Consolidated Quarterly Balance Sheet 4 (2) Consolidated Quarterly Statement of Income and Consolidated Quarterly Statement of Comprehensive Income 6 Consolidated Quarterly Statement of Income 6 Consolidated Quarterly Statement of Comprehensive Income 7 3. Other Information 8 (1) Significant changes in the scope of consolidation during the three months ended June 30, 2025 8 (2) Adoption of Simplified and Specifically Applied Accounting Method for Quarterly Consolidated Financial Reporting 8 (3) Changes in Accounting Principles and Accounting Estimates, and Revisions/Restatements 8 (4) Note on Premise of a Going Concern 8 (5) Note on the Substantial Change in Shareholders’ Equity 8 (6) Note on Segment Information, etc. 8 (7) Note on Statement of Cash Flows 8
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2 1. Results of Operations and Financial Position (1) Overview of Results of Operations During the first quarter of the fiscal year ending March 31, 2026 (from April 1 to June 30, 2025), the FANUC Group faced a number of uncertainties, including the impact of reciprocal tariffs imposed by the U.S. government, the resulting effects on the global economy, foreign exchange fluctuations, and geopolitical risks, making the situation unpredictable overall. Under such circumstances, the Company made every effort to minimize the impact on its financial results by undertaking company-wide initiatives such as sales expansion and cost reduction, with the full cooperation of all divisions including sales divisions, R&D divisions, factories, service divisions, and administrative divisions. As a result, for the three months ended June 30, 2025, FANUC posted consolidated net sales of ¥196,363 million, up 0.6% from the same period of the previous fiscal year; consolidated ordinary income of ¥51,552 million, up 25.3%; and net income attributable to owners of parent of ¥37,844 million, up 31.4%. 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 firm in India and China, where demand was vigorous from industries that are activ ely undertaking capital investment, despite weak demand in Japan and Europe, and sales of our CNC systems increased. As a result, sales of the Company’s CNC systems increased. Net sales in the FA Division amounted to ¥49,671 million, up 3.5% from the same period of the previous fiscal year. In the ROBOT Division, sales significantly increased in China due to strong demand from EV-related and general industries. Meanwhile, in Japan, sales decreased due to a marked slowdown in automobile-related industries and patchy demand in general industries. In Europe and the Americas as well, sales decreased, primarily due to weak demand in automobile-related industries. As a result, net sales in the ROBOT Division amounted to ¥80,965 million, down 3.8% from the same period of the previous fiscal year. In the ROBOMACHINE Division, sales of ROBODRILLs (compact machining centers) increased, mainly due to rising demand in India ’s IT -related market. Meanwhile, sales of ROB OSHOTs (electric injection molding machines) declined due to a decrease in demand in China. Sales of ROBOCUTs (wire electrical - discharge machines) increased due to firm demand in Europe, the Americas, and India. As a result, net sales in the ROBOMACHINE Division amounted to ¥33,932 million, up 16.3% from the same period of the previous fiscal year. In the Service Division, under the spirit of 'Service First', we have strengthened our service system globally to enhance customer satisfaction by focusing on CX (customer experience) utilizing IT. Net sales in the Service Division amounted to ¥31,795 million, down 6.0% from the same period of the previous fiscal year. (2) Financial Position Total assets were ¥1,903,494 million, down ¥33,537 million compared with the end of the previous fiscal year. Total liabilities were ¥177,450 million, down ¥19,691 million compared with the end of the previous fiscal year. Total net assets were ¥1,726,044 million, down ¥13,846 million compared with the end of the previous fiscal year.
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3 (3) Financial Results Forecasts In the Consolidated Annual Financial Results for FY 2024 released on April 23, 2025, the Company stated that as for the consolidated financial forecast for FY 2025 (the fiscal year ending March 31, 2026), we plan to carefully assess the impact of tariffs in the United States and other factors, and promptly disclose the forecast once a reasonable calculation becomes feasible. While uncertainties such as the effects of the U.S. government’s reciprocal tariffs, their global economic implications, foreign exchange fluctuations, and geopolitical risks still persist, the Company has now taken into account the latest developments and business trends, and hereby announces its consolidated financial results forecasts as outlined below. These forecasts are made, taking into consideration a tariff rate of 15% that will be imposed starting from August 1, 2025. For the six months ending September 30, 2025 (Millions of yen) Previous forecast (announced on April 23, 2025) [A] New forecast [B] Comparison with Previous forecast (%) [(B-A) / A] Net sales － 397,600 － Operating income － 81,500 － Ordinary income － 102,000 － Net income attributable to owners of parent － 74,700 － For FY 2025 (April 1, 2025 through March 31, 2026) (Millions of yen) Previous forecast (announced on April 23, 2025) [A] New forecast [B] Comparison with Previous forecast (%) [(B-A) / A] Net sales － 807,000 － Operating income － 159,500 － Ordinary income － 196,300 － Net income attributable to owners of parent － 143,000 － Note: The currency rates applied for the period from July 2025 to March 2026 are assumed to be 140 yen/US dollar and 160 yen/Euro.
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4 2. Consolidated Quarterly Financial Statements (1) Consolidated Quarterly Balance Sheet (Millions of yen) March 31, 2025 June 30, 2025 Assets Current assets Cash and bank deposits 590,504 572,155 Notes receivables, trade 20,517 21,057 Accounts receivable, trade 135,920 130,879 Marketable securities 16,000 30,800 Finished goods 116,143 120,235 Work in progress 83,219 81,223 Raw materials and supplies 107,077 99,837 Other current assets 18,396 26,560 Allowance for doubtful accounts (1,989) (1,845) Total current assets 1,085,787 1,080,901 Noncurrent assets Property, plant and equipment Buildings, net 325,311 333,394 Land 163,164 163,701 Other, net 115,791 103,719 Total property, plant and equipment 604,266 600,814 Intangible assets 8,800 8,735 Investments and other assets Investment securities 192,214 168,536 Others 46,058 44,555 Allowance for doubtful accounts (94) (47) Total investments and other assets 238,178 213,044 Total noncurrent assets 851,244 822,593 Total assets 1,937,031 1,903,494
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5 (Millions of yen) March 31, 2025 June 30, 2025 Liabilities Current liabilities Notes and accounts payables, trade 37,454 38,256 Accrued income taxes 19,005 6,697 Warranty reserves 9,085 8,767 Other current liabilities 92,042 83,956 Total current liabilities 157,586 137,676 Long-term liabilities Net defined benefit liability 31,208 32,105 Other long-term liabilities 8,347 7,669 Total long-term liabilities 39,555 39,774 Total liabilities 197,141 177,450 Net assets Shareholders’ equity Common stock 69,014 69,014 Capital surplus 95,995 95,995 Retained earnings 1,585,779 1,540,581 Treasury stock, at cost (173,859) (137,910) Total shareholders’ equity 1,576,929 1,567,680 Accumulated other comprehensive income Valuation difference on available-for-sale securities 14,795 15,929 Foreign currency translation adjustment 127,908 122,810 Remeasurements of defined benefit plans 4,913 5,340 Total accumulated other comprehensive income 147,616 144,079 Non-controlling interests 15,345 14,285 Total net assets 1,739,890 1,726,044 Total liabilities and net assets 1,937,031 1,903,494
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6 (2) Consolidated Quarterly Statement of Income and Consolidated Quarterly Statement of Comprehensive Income Consolidated Quarterly Statement of Income 1st quarter (cumulative) (Millions of yen) Three months ended June 30, 2024 (cumulative) Three months ended June 30, 2025 (cumulative) Net sales 195,100 196,363 Cost of goods sold 127,338 119,756 Gross profit 67,762 76,607 Selling, general and administrative expenses 34,804 34,179 Operating income 32,958 42,428 Non-operating income Interest income 1,629 1,869 Dividends income 269 296 Equity in earnings of affiliates 6,186 6,688 Miscellaneous income 769 1,080 Total non-operating income 8,853 9,933 Non-operating expenses Foreign exchange loss 84 397 Removal expenses of noncurrent assets 125 178 Miscellaneous expenses 473 234 Total non-operating expenses 682 809 Ordinary income 41,129 51,552 Income before income taxes 41,129 51,552 Income taxes-current 9,275 12,426 Income taxes-deferred 2,074 513 Total taxes and others 11,349 12,939 Net income 29,780 38,613 Net income attributable to non-controlling interests 977 769 Net income attributable to owners of parent 28,803 37,844
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7 Consolidated Quarterly Statement of Comprehensive Income (Millions of yen) Three months ended June 30, 2024 (cumulative) Three months ended June 30, 2025 (cumulative) Net income 29,780 38,613 Other comprehensive income Valuation difference on available-for-sale securities (1,227) 1,134 Foreign currency translation adjustment 30,983 3,386 Remeasurements of defined benefit plans (97) 427 Share of other comprehensive income of affiliates accounted for using equity method 9,897 (8,634) Total other comprehensive income 39,556 (3,687) Comprehensive income for the three months ended June 30 69,336 34,926 Comprehensive income attributable to: Owners of parent 67,694 34,308 Non-controlling interests 1,642 618
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8 3. Other Information (1) Significant changes in the scope of consolidation during the three months ended June 30, 2025: None (2) Adoption of Simplified and Specifically Applied Accounting Method for Quarterly Consolidated Financial Reporting: None (3) Changes in Accounting Principles and Accounting Estimates, and Revisions/Restatements: None (4) Note on Premise of a Going Concern: None (5) Note on the Substantial Change in Shareholders’ Equity: Based on the resolution of the Board of Directors meeting held on April 23, 2025, the Company cancelled 13,035,392 shares of treasury stock. As a result, including the increase or decrease due to the sale of odd- lot shares, etc., the amount of treasury stock decreased by ¥35,949 million during the three months ended June 30, 2025, resulting in treasury stock of ¥137,910 million as of June 30, 2025. (6) Note on Segment Information, etc.: (Segment information) Three months ended June 30, 2024 (April 1, 2024 – June 30, 2024) and Three months ended June 30, 2025 (April 1, 2025 – June 30, 2025) As a comprehensive supplier of factory automation (FA), including FA, ROBOT, and ROBOMACHINE products, the FANUC Group conducts business activities primarily focused on the development manufacturing, and sales of CNC systems for automated production systems, and applied products based on CNC system technologies. FANUC Group uses its CNCs and servo motors to manufacture all of its products. For this reason, the investment decision is made, taking into consideration the status of orders, sales and production of all products, in addition to the status of particular products. As mentioned above, FANUC Group runs only one business segment based on the investment decision that the entire group makes for investment. Thus, the segment information is not stated herein. (7) Note on Statement of Cash Flows: Quarterly consolidated statements of cash flows have not been prepared for the three months ended June 30, 2025. Depreciation and amortization expenses (including amortization expenses related to intangible assets apart from goodwill) for the three months ended June 30, 2025 are as follows. Three months ended June 30, 2024 （April 1, 2024 to June 30, 2024） Three months ended June 30, 2025 （April 1, 2025 to June 30, 2025） Depreciation and amortization expenses ¥11,119 million ¥11,077 million