FANUC
Basic Information
- Stock Code
- 6954
- Industry
- Electrical Equipment
- Category Detail
- Manufacturing Machinery & Electrical Equipment
- Prefecture
- Yamanashi Prefecture
- Establishment Year
- May 1972
- Listing Year
- November 1976
- Official Website
- https://www.fanuc.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
- Fuji Corporation, Hirata Corporation, Yushin, Yaskawa Electric, Advantest, Murata Mfg.
Overview
FANUC is an electrical equipment manufacturer founded in 1972, boasting the world's top market share in CNC systems for machine tools and industrial robots, leading the market with high reliability and technological innovation.
Current Situation
FANUC recorded consolidated sales of approximately ¥733 billion and operating profit of approximately ¥183.2 billion for the fiscal year ended March 2022, leading the industry. It holds approximately 50% global market share in CNC systems for machine tools and top-class share in industrial robots, widely supplying products to manufacturing industries at home and abroad. It allocates about one-third of its employees to R&D, strengthening technologies for failure prediction and lifetime maintenance to enhance reliability. In recent years, it has promoted business diversification through deployment of the IoT platform 'FIELD system' and new entry into the fiber laser field. It concentrates research labs and factories on vast premises in its home Yamanashi Prefecture, focusing on domestic production and technology leakage prevention. In its mid-to-long-term strategy for the 2020s, it is strengthening advancement of industrial robots and global deployment, with expectations for stable revenue base maintenance and growth. On the risk side, while natural disaster impacts from its location directly under Mt. Fuji are noted, the company's robust financial constitution compensates.
Trivia
Interesting Facts
- The unique company holding approx. 50% world share in CNC systems
- Declares 'lifetime maintenance' for all products, repairable even for those over 30 years old
- Rare Japanese company with yellow as corporate color
- Large-scale tree transplanting at head office factory is a model for nature conservation
- Historical visit by Emperor Showa to head office in 1986
- Collaborative robot CR-35iA has industry-leading 35kg payload
- About one-third of all employees engaged in R&D
- Industry top-level patent strength in CNC systems and robots
- Recently fully deploying IoT platform FIELD system
- Insists on domestic production to thoroughly prevent technology outflow
- Maintains sound financial position even after full independence from former Fujitsu Group
- Founder's Inaba Seiemon research papers abundant in references
- RoboDrill used in iPhone case processing contributed to performance surge
Hidden Connections
- Deep technological ties between IT and FA from independence from Fujitsu's control division
- One of the four major industrial robot manufacturers alongside Yaskawa Electric, ABB, and KUKA
- Cutting-edge company collaborating in development with Hitachi, Preferred Networks, NTT, NVIDIA
- Strong family business color with long-term control by founder's family
- FIELD system promoting manufacturing DX collaborates with University of Tokyo spin-off venture
- Significant presence as key supplier in global manufacturing across many industries
- Factories developed under nature conservation constraints within Fuji-Hakone-Izu National Park
- Yellow company vehicles and buildings easily identifiable from afar, improving logistics efficiency
Future Outlook
Growth Drivers
- Expansion of automation demand in global manufacturing
- Growth of smart factory market through IoT and AI technologies
- Expansion of industrial robot adoption in emerging countries
- Increasing demand for high-precision processing and technological innovation
- Demand for energy-saving products due to strengthened environmental regulations
- Expansion of maintenance services through普及 of failure prediction technology
- Strengthened collaboration from major manufacturers' DX initiatives
- Expansion of fiber laser technology applications
- Market expansion from advances in safe articulated robot technology
- Increasing demand for sustainability-compliant product development
Strategic Goals
- Maintain and expand world top market share
- Further strengthen lifetime maintenance system for products
- Global deployment and advancement of FIELD system
- Practicalization and普及 of low-environmental-impact technologies
- Diversification and new market acquisition through new product development
- Expansion of production and service capabilities at overseas bases
- Maximization of manufacturing efficiency through IoT and AI utilization
- Advancement of CSR through strengthened regional community collaboration
- Sustained expansion of R&D investments
- Become market leader in flexible and safe collaborative robots
Business Segments
Machine Tool Control Systems
- Overview
- Provides high-reliability control devices and parts in one package to machine tool-related companies.
- Competitiveness
- High reliability through integrated production of control devices and motors
- Customers
-
- Machine tool manufacturers
- Automotive parts manufacturers
- Aircraft parts manufacturers
- Precision equipment manufacturers
- Metal processors
- Heavy industry and shipbuilders
- Electronics manufacturers
- Industrial machinery exporters
- Public research institutions
- Universities and educational institutions
- Products
-
- CNC controllers
- Servo motors
- Motor control units
- Peripheral equipment
- Control software
Industrial Robot Solutions
- Overview
- Provides customizable robots for various industrial sectors.
- Competitiveness
- High-precision control and extensive industry compatibility
- Customers
-
- Automotive manufacturing
- Electronic parts manufacturing
- Food processing companies
- Logistics companies
- Aircraft parts manufacturing
- Medical equipment manufacturing
- Chemical companies
- Large plant operators
- Industrial robot dealers
- Domestic and overseas agents
- Products
-
- Vertical articulated robots
- Collaborative robots
- Parallel link robots
- Robot controllers
- Teaching systems
Laser Processing Equipment Business
- Overview
- Promotes precision machining and manufacturing automation with high-performance laser equipment.
- Competitiveness
- Integrated services through CNC and robot collaboration
- Customers
-
- Metal processors
- Automotive parts manufacturers
- Semiconductor manufacturers
- Electronic device manufacturers
- Aerospace industry
- Medical equipment manufacturers
- Manufacturing suppliers
- R&D institutions
- Products
-
- CO2 laser equipment
- Fiber laser equipment
- Laser oscillators
- Laser scanners
- Related software
Robo-Machine Business
- Overview
- Realizes high-precision processing for diverse needs with multifunctional machining machines.
- Competitiveness
- High-performance control with in-house CNC and servo motors
- Customers
-
- Precision parts manufacturing
- Electronic device assemblers
- Plastic molding companies
- Manufacturing line designers
- Automation plant operators
- SME manufacturers
- OEM manufacturers
- Products
-
- RoboDrill
- RoboShot
- RoboCut
- RoboNano
Technical Training and Support Business
- Overview
- Deploys advanced technical training for users and after-sales services.
- Competitiveness
- Comprehensive training facilities and specialized education system
- Customers
-
- Machine tool users
- Industrial robot users
- Manufacturing engineers
- Educational institutions
- Agents
- Dealers
- Products
-
- FANUC Academy training
- Online education programs
- Technical consulting
- Maintenance services
IoT Platform Business
- Overview
- Provides IoT infrastructure supporting manufacturing line efficiency and predictive maintenance.
- Competitiveness
- Failure prediction technology integrated with AI and deep learning
- Customers
-
- Manufacturing system developers
- Equipment managers
- Large-scale factories
- Manufacturing DX promoters
- Products
-
- FIELD system
- Failure prediction AI analysis
- Robot learning sharing system
Competitive Advantage
Strengths
- World No.1 market share in CNC systems technology
- Versatile industrial robot lineup
- High-reliability lifetime maintenance service
- Solid domestic production base
- Excellent R&D organization
- Cost competitiveness through in-house production
- Abundant patent holdings
- Global sales network
- High-margin business structure
- Long-term customer trust and track record
Competitive Advantages
- Competitive edge from simultaneous in-house production and sales of CNC and servo motors
- Ownership of industry-standard NC programming technology
- Pioneer position in collaborative robot market
- Utilization of large-scale reliability evaluation and failure prediction technology
- Rich product lineup and customization capabilities
- Financial leeway for mid-to-long-term investments
- Quality control through integrated DESIGN and production
- Strengthened collaboration with domestic/overseas research institutions and major companies
- Advanced development and deployment of IoT platform
- Sales strength leveraging global customer base
Threats
- Production base risks from natural disasters (e.g., Mt. Fuji eruption)
- Impact of exchange rate fluctuations on overseas revenue
- Intensifying global competitive environment
- Risks of imitation and technology leakage of advanced technologies
- Overseas market fluctuations from geopolitical risks
- Low-price offensives from emerging country manufacturers
- International supply chain disruptions
- Production and development constraints from labor shortages
- Increasing IT security risks
- Cost increases from strengthened regulations and environmental rules
Innovations
2024: Launch of Next-Generation Collaborative Robots
- Overview
- In 2024, launched the safer and higher-performance collaborative robot CR-40iA series to the market, aiming to expand market share.
- Impact
- Contributes to flexible manufacturing line construction and new customer acquisition
2023: Advanced FIELD System AI Analysis
- Overview
- Enhanced failure prediction functions using machine learning and deep learning, succeeding in reducing production downtime.
- Impact
- Achieves improved equipment utilization and reduced operating costs
2022: New Fiber Laser Factory Operational
- Overview
- In 2022, boosted production capacity with the new fiber laser factory, stabilizing high-quality product supply.
- Impact
- Strengthens competitiveness in laser market and increases sales
2021: Development of Large 6-Axis Robot M-2010iC
- Overview
- Large industrial robot with max payload 2.7 tons, deployed for automotive, aerospace, and heavy industry.
- Impact
- Successfully opened new markets in high-load operation fields
2020: Development of Edge Computing Technology for Robots
- Overview
- R&D on edge AI technology for real-time robot processing, advancing performance improvement and application expansion.
- Impact
- Contributes to smart factory realization
Sustainability
- Introduction and increased use of renewable energy
- Thorough improvement of factory waste recycling rate
- Energy consumption reduction through production efficiency
- Promotion of R&D on low-environmental-impact products
- Active participation in local environmental conservation activities