October 25, 2017

Company name: FANUC CORPORATION Representative: Yoshiharu Inaba, Chairman

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

Contact: Keisuke Fujii , Manager, Public Relations Tel: (0555) 84 - 5555

Notice Regarding Absorption-Type Merger with MOLD INSTITUTE LTD

At the Board of Directors meeting held on October 25, 2017, FANUC CORPORATION resolved to merge MOLD INSTITUTE LTD into FANUC CORPORATION as of January 1, 2018.

This is an absorption-type simplified merger which is anticipated to result in an increase in the Company's total assets of no greater than 10% of net assets as at the last day of the previous fiscal year, and an increase in sales of no greater than 3% of sales for the previous fiscal year. As a result, some of disclosure items and details are omitted.

  1. Purpose of the merger

    As a part of the efforts to reorganize and streamline the production system in FANUC Group, FANUC CORPORATION decided to manufacture injection molded plastic parts by itself which MOLD INSTITUTE LTD has been manufacturing.

  2. Summary of the merger

    1. Schedule

      October 25, 2017 Resolved by the Board of Directors Meeting of FANUC

      CORPORATION for the Merger

      October 26, 2017(planned) Resolved by the General Meeting of Shareholders of

      MOLD INSTITUTE LTD for the Merger October 26, 2017(planned) Conclusion date of the Merger Agreement January 1, 2018(planned) Effective date of the Merger

      (Note) The approval of the resolution by the shareholders of FANUC CORPORATION is not necessary for the merger, because FANUC CORPORATION will use the simplified merger procedure prescribed in Paragraph 2 of Article 796 of the Companies Act.

    2. Method of merger

      The method of the merger is an absorption-type company merger between FANUC CORPORATION (as the surviving company) and MOLD INSTITUTE LTD (as the absorbed company). MOLD INSTITUTE LTD will be dissolved.

    3. Allocations for the merger

      The merger will be made in cash and FANUC CORPORATION will pay

      ¥202,488.17 per share to the shareholders of MOLD INSTITUTE LTD except for FANUC CORPORATION itself.

    4. Stock acquisition rights and bonds with stock acquisition rights of the absorbed company MOLD INSTITUTE LTD is a private company and has not issued any stock acquisition rights or bonds with stock acquisition rights.

    5. Grounds of details of allocation in relation to the merger

      Since MOLD INSTITUTE LTD is engaging only in the manufacture of the parts for the products of the shareholders (as described in 4.(9) below), the allocation for this merger will be based on the net assets of MOLD INSTITUTE LTD as of September 30, 2017 (as described 2.(3) above).

    6. Outline of companies involved in the merger

      Surviving Company

      Company to be absorbed

      1Name of company

      FANUC CORPORATION

      MOLD INSTITUTE LTD

      2Head office

      3580, Shibokusa Aza-Komanba, Oshino-mura, Minamitsuru-gun,

      Yamanashi Prefecture

      3559-1,Shibokusa Aza-Komanba, Oshino-mura, Minamitsuru-gun,

      Yamanashi Prefecture

      3Representative

      Yoshiharu Inaba

      Chairman

      Kenji Yamaguchi

      President

      4Major business

      segments

      Development, manufacture, sale and maintenance services of CNC systems, lasers, Robots, ROBODRILL (small machining centers), ROBOSHOT (electric injection molding machines), ROBOCUT (wire-cut EDMs), and ROBONANO

      (ultra-precision machines)

      Manufacture of injection molded plastic parts

      5Paid-in capital

      ¥69,014 million

      ¥300 million

      6Date of establishment

      May 12, 1972

      July 3, 1984

      7Total number of

      shares outstanding

      204,059,017 shares

      6,000 shares

      8Fiscal term

      March 31

      March 31

      9Name of major shareholders and their investment ratio

      The Master Trust Bank of Japan, Ltd. (Trust Account)

      11.8

      Japan Trustee Services Bank, Ltd. (Trust Account)

      8.0

      State Street Bank and Trust Company

      5.2

      State Street Bank and Trust Company 505001

      3.1

      Japan Trustee Services Bank, Ltd. (Trust Account 5)

      1.9

      FANUC CORPORATION

      66.6

      KURODA PRECISION INDUSTRIES LTD.

      16.6%

      Makino Milling Machine Co.,Ltd.

      16.6

      10Operating results and financial conditions for the latest fiscal year

      Surviving Company

      Company to be absorbed

      Fiscal year

      Year ended March 31, 2017

      (Consolidated)

      Year ended March 31, 2017

      Net assets

      ¥1,369,457million

      ¥1,183 million

      Total assets

      ¥1,564,769million

      ¥1,237 million

      Net assets per share

      ¥7,031.79

      ¥197,218.02

      Net sales

      ¥536,942 million

      ¥303 million

      Operating income

      ¥153,217 million

      ¥46 million

      Ordinary income

      ¥168,829 million

      ¥45 million

      Net income (attributable to

      owners of the parent)

      ¥127,697 million

      ¥33 million

      Net income per share

      ¥658.63

      ¥5,424.92

    7. Outline of FANUC CORPORATION following the merger

      Following this merger, there will be no change in the name of FANUC CORPORATION, the address of its head office, its representatives, its business scope, its paid-in capital or its fiscal year.

    8. Outlook

    9. The impact by the merger for the consolidated results of FANUC CORPORATION for the fiscal year ending March 31, 2018 is negligible.

      End

    Fanuc Corporation published this content on 25 October 2017 and is solely responsible for the information contained herein.
    Distributed by Public, unedited and unaltered, on 25 October 2017 06:07:02 UTC.

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