October 29, 2020

Company name: FANUC CORPORATION

Representative: Kenji Yamaguchi, President

Stock Code: 6954, 1 st Section, Tokyo Stock Exchange

Contact: Keisuke Fujii, Manager, Public Relations

Tel: (0555) 84 - 5555

Notice Concerning Revision of Financial Forecasts and so on

FANUC CORPORATION announces differences between consolidated financial forecasts for the second quarter (cumulative) of the fiscal year ending March 31,2021 (April 1, 2020 - September 30, 2020), which was previously announced on July 28, 2020 and the actual results announced today, as follows:

Also, based on the latest business performances, the company announces the consolidated revision of the financial forecasts for the full year ending March 31, 2021 (April 1, 2020 - March 31, 2021), as follows:

1. Differences betweeen the consolidated financial forecasts and the actual results for the second quarter (cumulative) of the year ending March 31, 2021

(April 1, 2020 - September 30, 2020)

Operating

Ordinary

Net income

Net income

Net sales

attributable to

income

income

owners

per share

of parent

Millions of yen

Millions of yen

Millions of yen

Millions of yen

Yen

Previous forecast (A)

212,400

20,400

25,900

18,700

97.48

Actual (B)

230,411

32,321

38,220

28,112

146.55

Amount changed (B-A)

18,011

11,921

12,320

9,412

% of change

8.5

58.4

47.6

50.3

(Reference)

The consolidated financial

results for the second quarter

260,953

49,024

57,090

40,185

208.91

(cumulative) of the year ended

March 31, 2020 (April 1, 2019

- September 30, 2019)

2. The consolidated financial forecasts

for the full year ending March 31, 2021 (April 1, 2020 - March 31, 2021)

Operating

Ordinary

Net income

Net income

Net sales

attributable to

income

income

owners

per share

of parent

Millions of yen

Millions of yen

Millions of yen

Millions of yen

Yen

Previous forecast (A)

423,300

38,500

47,700

34,500

179.85

New forecast (B)

502,500

85,400

96,300

71,800

374.30

Amount changed (B-A)

79,200

46,900

48,600

37,300

% of change

18.7

121.8

101.9

108.1

(Reference)

The consolidated financial

508,252

88,350

102,816

73,371

381.89

results for the year ended

March 31, 2020 (April 1, 2019

- March 31, 2020)

3. Reason for the Disclosure

Regarding the consolidated financial results for the second quarter (cumulative) of the fiscal year ending March 31, 2021, the market conditions became harsh owing to factors including an ongoing global trend of reduction in capital investment due to the impact of the spread of the coronavirus (COVID-19). However, in addition to recovery first taking place in China, other regions also rebounded gradually in the latter part of the period. As a result, consolidated results exceed previous forecasts.

Regarding the consolidated financial forecasts for the full year of the fiscal year ending March 31, 2021, the company anticipates that in addition to strong IT-related demand, demand for robots will increase, and as such, forecasts as above.

However actual results may differ from these forecasts, subject to various conditions, including how far the coronavirus (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.

End

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Fanuc Corporation published this content on 29 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 October 2020 06:09:07 UTC