Financial Results for the year Ended March, 2015

Transcription

1 Financial Results for the year Ended March, 2015 FANUC CORPORATION The 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. 1

2 Consolidated Financial Results for FY 2014 Actual Forecast Actual Change from Change from vs Previous Forecast Net sales Cost of sales Operating income Ordinary income % +6.0% % +1.8% 50.4% 50.1% 48.1% % +11.1% 36.4% 38.9% 40.8% % +11.1% 38.7% 40.8% 42.7% Net income FX Rate % +12.2% 24.6% 26.9% 28.4% Yen/1USD % +5.9% Yen/1EUR % +1.5% 2

3 Change in Consolidated Sales and Profit/Loss (Billiions of Yen) 800 Consolidated Net sales FY2008 FY2009 FY2010 FY2011 FY Operating income to Net sales ratio % % % % 37.1% 36.4% Ordinary income Net income 40.8% FY2008 FY2009 FY2010 FY2011 FY2012 3

4 Consolidated Financial Results for the 4 th Quarter (3 months) of FY 2014 Net sales Change from Change from (Jan~Mar) (Oct~Dec) (Jan~Mar) of of % +10.8% Cost of sales Operating income Ordinary income Net income FX Rate % +4.5% 46.9% 49.2% 46.4% 0.5pt 2.8pt % +16.8% 40.3% 40.1% 42.3% +2.0pt +2.2pt % +14.4% 42.3% 42.4% 43.8% +1.5pt +1.4pt % +5.6% 27.3% 30.0% 28.6% +1.2pt 1.4pt Yen/1USD % +4.0% Yen/1EUR % -6.2% 4

5 Quarterly Changes in Consolidated Sales and Profit/Loss Consolidated Net sales Q Operating income to Net sales ratio 40.3% 40.7% 36.7% 35.5% Q 40.1% 40.1% Ordinary income Net income 42.3%

6 Yearly Changes in Sales by Division and Region Billions of Yen Robomachine Robot FA Billions of Yen ROW Asia Europe The Americas % % Japan % % 34.7% % 17.0% 16.9% 0 Composition Ratio 0 Composition Ratio 構成比 6

7 Consolidated Sales by Division of FA by Region Japan Europe ROE The Americas Asia Robot by Region Japan Europe ROW 24.0 The Americas Asia FA The demands in Japan, China and Europe increased steadily. Robot The sales was steady in Japan, continued to increase in the America and remained favorable in Europe and Asia. Robomachine The short-term demands from a sector in the IT industry was active throughout the period. 7 Robomachine by Region Japan Europe ROW The Americas Asia

8 Consolidated Sales by Region % 21.9% % -0.4% Q Japan The Americas Europe Asia ROE % Change from Previous Period 8

9 Quarterly Changes in Non-consolidated Orders and Sales Billions of Yen Sales Order Q

10 Consolidated Financial Forecast FY2015 Change from Full Year Actual 1st Half Forecast 2nd Half Forecast Full Year Forecast Net Sales Cost of sales Operating income Ordinary income Net income FX Rate % % 48.1% 47.9% 52.5% 49.9% +1.0pt % 40.8% 41.5% 35.5% 38.9% 1.7pt % 42.7% 43.5% 38.0% 41.1% 1.2pt % 28.4% 29.7% 26.0% 28.1% 0.1pt Yen/1USD % Yen/1EUR % 10

11 Shareholder Return Policy As our basic policy of distributing profits to shareholders, we will target a dividend payout ratio of 60% of our consolidated net profit for the full fiscal year. We also aim to buy back our own shares in a flexible manner, and where the Five-Year Average Total Return Ratio(*) does not exceed 80%. 1. Dividends We declared, and have maintained, a dividend payout ratio of 30% of our consolidated net profit for the full fiscal year since the fiscal year ending March 2007 up to the present date. In order to further enhance the distribution of profits to our shareholders in the long term, we have decided, as our basic policy, to implement a dividend payout ratio of 60% of our consolidated net profit, starting from the fiscal year ending March Share buybacks We aim to buy back our own shares in a flexible manner depending on the level of our stock prices, taking into account the balance with our investment in growth, and where the Five-Year Average Total Return Ratio(*) does not exceed 80%. 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. (*)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 profit for a five-year period. 11

12 Shareholder Return Policy Dividend 900 Yen 800 Yen 60% 60% Payout ratio 70% 60% 700 Yen 600 Yen 500 Yen 400 Yen Payout ratio 30% 30% 30% 30% Yen Dividend 50% 40% 30% 300 Yen 200 Yen Yen Yen Yen Yen 20% 100 Yen 10% 0Yen FY2010 FY2011 FY2012 FY2015 0% 12