Fanuc lifts full-year net profit forecast to ¥228.3bn after H1 net profit rises 41%

Fanuc reported consolidated net profit attributable to owners of the parent of ¥112.6bn for the six months to 30 September 2026, up 41.0% from ¥79.8bn a year earlier, in its first-half earnings summary filed on TDnet on 23 October 2026. Sales rose 16.2% to ¥473.7bn, operating profit rose 35.7% to ¥116.7bn from ¥86.0bn, and ordinary profit rose 38.1% to ¥149.0bn. The figures follow Japanese accounting standards, and the summary says it is not subject to review by a certified public accountant or audit firm. First-half operating profit was 11.7% above the ¥104.4bn the company had forecast for the period, its results presentation shows.

Against the forecast published on 31 July 2026, Fanuc now expects sales of ¥1,013.7bn instead of ¥948.1bn, up 6.9%, and operating profit of ¥240.7bn instead of ¥218.0bn, up 10.4%. Ordinary profit is forecast at ¥308.8bn instead of ¥271.2bn, and net profit attributable to owners at ¥228.3bn instead of ¥198.0bn, up 15.3%. The new forecast assumes ¥150 per dollar and ¥175 per euro for October 2026 to March 2027; first-half averages were ¥159.37 and ¥184.35.

In the July to September quarter alone, sales were ¥242.7bn, up 14.9% year on year, and operating profit was ¥63.2bn, up 45.1%, giving an operating margin of 26.0% against 20.6% a year earlier, the presentation shows.

Orders received in the July to September quarter rose 49.0% year on year to ¥306.0bn from ¥205.3bn, and 8.5% from ¥281.9bn in April to June, the presentation shows. FA division orders rose 130.1% and Robomachine orders 72.3%, while Robot orders rose 12.6% to ¥103.4bn and Service orders 12.0% to ¥39.3bn. By region, orders from China rose 79.8% to ¥91.2bn and from Asia excluding China 111.9% to ¥65.3bn. In its market overview, the company said the FA market in China was led by AI data centres, semiconductor-related work, parts machining for humanoid robots, and new energy vehicles.

The board approved an interim dividend of ¥72.54 per share with a record date of 30 September 2026, against ¥51.33 a year earlier, for a total of ¥67.1bn, effective 1 December 2026, the dividend notice says. The company said the amount follows its policy of a 60% consolidated payout ratio; it has not yet given a forecast for the year-end dividend. The board also authorised the purchase of up to 10m shares, 1.08% of shares outstanding excluding treasury shares, for up to ¥50bn on the Tokyo Stock Exchange between 26 October 2026 and 30 April 2027, the buyback notice says.