Fanuc (6954) Q3 2026 earnings summary

Executive summary

• Net sales for the first three quarters of FY2025 reached ¥623.3 billion, up 6.5% year-over-year, with operating income at ¥127.7 billion (+15.6%) and net income at ¥116.9 billion (+13.7%).

• Comprehensive income increased 42.6% year-over-year to ¥168,819 million.

• Full-year FY2025 sales are forecast at ¥840.7 billion, an increase of ¥43.6 billion from FY2024, with both sales and income expected to rise year-over-year.

• The company faced uncertainties from geopolitical risks, tariffs, and foreign exchange fluctuations but implemented sales expansion and cost reduction initiatives.

• Upward revision of performance forecast reflects solid business trends and strong demand, especially in China and the Americas.

Financial highlights

• Operating income for the nine months was ¥127,704 million, up 15.6% year-over-year.

• Ordinary income reached ¥159,319 million, a 14.2% increase year-over-year.

• Third quarter net sales were ¥215.7 billion, up 9.5% year-over-year and 2.1% sequentially; operating income for the quarter was ¥41.7 billion.

• Cost of sales as a percentage of net sales decreased to 62.4% from 63.6% year-over-year.

• Net income per share (diluted) was ¥125.23, compared to ¥109.39 in the prior year.

Outlook and guidance

• FY2025 full-year net sales forecast revised upward to ¥840.7 billion (+5.5% year-over-year), with operating income at ¥172.9 billion and net income at ¥158.0 billion.

• Net income attributable to owners forecast at ¥158,000 million (+7.1% year-over-year), with EPS projected at ¥169.32.

• Operating income forecast slightly reduced to ¥172,900 million, while ordinary income forecast increased to ¥214,800 million.

• Sales are expected to exceed ¥800 billion for the first time since FY2022.

• FX assumptions for 4Q: ¥145/USD and ¥170/EUR.