FANUC CORPORATION

The world's dominant maker of CNC controllers, run from a yellow-painted campus at the foot of Mount Fuji with famously high margins and no debt.

FANUC CORPORATION headquarters

Business Description

FANUC makes the numerical controllers that direct machine tools, where it holds roughly half the world market, along with industrial robots, robomachines such as compact machining centres, and servo motors. Its controllers are embedded in the machine tools of hundreds of other manufacturers, so demand tracks global capital spending on factory equipment rather than any single end industry.

The company is unusual in almost every respect: production is concentrated at a single campus in Oshino, a village in Yamanashi at the foot of Mount Fuji, everything is painted the company's signature yellow, it carries no interest-bearing debt and it has historically run operating margins near 40%. Spun out of Fujitsu's numerical-control division and incorporated in 1972, it discloses less than most Japanese peers and holds no earnings calls in the conventional sense.

Corporate Data

Ticker6954
ExchangeTokyo Stock Exchange
Size CategoryTOPIX Large70
Market SegmentPrime Market
SectorElectric Appliances
Head Office3580 Furubaba, Shibokusa, Oshino-mura, Minamitsuru-gun, Yamanashi 401-0597, Japan
FoundedMay 12, 1972
Fiscal Year EndMarch 31
WebsiteOfficial website

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