Basic Management Policies

Vision

To provide indispensable values throughout the world in the field of factory automation through unceasingly creating technological innovations, and to continue to be a company that is trusted by all stakeholders.

Management Policies

FANUC has consistently pursued factory automation. The starting point was when a project team responsible for controls was established in 1955, which went on to successfully develop the first NC and servo system in the private sector in Japan, in 1956.

The targets at its beginnings were to become a company, though small in size, having the robustness of a giant with roots firmly spread in the ground, and to concentrate on technology to go forward, by “walking a straight and narrow path.” This continues to this day.
In order to turn this vision into reality, the FANUC Group established “Genmitsu (Strict Preciseness)” and “Tomei (Transparency)” as its basic principles. In these principles lie the belief that a company will last forever and be sound with strict preciseness, and that the corruption of an organization and downfall of a company will start from a lack of transparency.
FANUC engages in the FA, ROBOT and ROBOMACHINE businesses. The FA Business encompasses basic technologies consisting of NCs, servos and lasers, which are also applied to the ROBOT and ROBOMACHINE Businesses. In addition, by actively incorporating IoT / AI technologies in all three areas, the Company endeavors to make FANUC products more efficient for customers to use.
Being true to its origins as a supplier of capital goods, maintenance and service support is provided for FANUC products for as long as they are used by customers.

Through such business activities, the FANUC Group promotes automation and efficiency in customers’ factories, thus contributing to the development of manufacturing industries in Japan and overseas. FANUC intends to steadily grow in the field of factory automation, which is extremely promising in the mid-to-long term.

Management Strategy

FANUC is thorough in implementing its basic principles of “Genmitsu (Strict Preciseness)” and “Tomei (Transparency),” and promotes the following policies united as a group. By doing so, the FANUC Group aims to become an ever-lasting organization by making customers feel more secure and confident about our Group, as well as by adapting to severe changes in the environment.

one FANUC

Under the slogan of “one FANUC,” the three Businesses of FA, ROBOT and ROBOMACHINE along with SERVICE collaborate to offer total solutions. The Group bonds to support our customers throughout the world. This is a unique advantage of the FANUC Group which is leveraged to the fullest.
Especially, the combined usage of CNC machines and ROBOTs, and the automation of ROBOMACHINEs with ROBOTs, are perceived as key concepts in developing products.

Reliable
Predictable
Easy to Repair

Upholding our fundamental perception that our products are capital goods to be used in manufacturing sites, FANUC develops products, meticulously ensuring that they are "Reliable," "Predictable," "Easy to Repair," to minimize downtime and maximize the operating rate in our customers’ factories.

Ease of Use

As demands for factory automation increase while acquiring skilled workers becomes more difficult, further emphasis is placed on ease of use in developing products, to deal with this situation.

Strengthening Competitivity

By narrowing down to our area of expertise of factory automation, and aggressively investing in R&D in this field, products which are highly competitive are developed and released. FANUC will also enhance its intellectual property portfolio.

Service First

"Service First" is a basic policy followed by the FANUC Group. Through “Service First,” high level maintenance service in line with FANUC’s global standards are provided anywhere in the world. Furthermore, “Lifetime Maintenance” assures customers that maintenance will be offered for as long as they use FANUC products. It should be noted that “Lifetime Maintenance,” which is difficult for our competitors to imitate, is a core competence of the FANUC Group, and shall continue to receive much attention.

Fortifying the Corporate Structure

Basic policies from the past to make the company stronger will be promoted from a long-term perspective. These include making our products more competitive, strengthening sales and service activities, advancing factory automation and robotization, reducing expenses and time, and streamlining operations.

IoT・AI Technology

By actively applying IoT and AI technologies to all fields of FA, ROBOT and ROBOMACHINE, customers’ manufacturing processes will be made more efficient.

Responsibility to Supply

As a supplier of capital goods, FANUC will fulfill its responsibilities to supply under any circumstance. For this end, manufacturing sites and service offices are being increased and established in various locations so that service activities can be maintained. Furthermore, measures are being taken to strengthen our supply chain. Examples are procuring parts from multiple suppliers, and having an adequate amount of parts in stock.

Enrichment of Human Capital

From the viewpoint that human resources is most vital for mid-to-long term growth, improving the work environment and motivating employees are considered important topics to be addressed. In addition, looking towards the future, FANUC strongly invests in human capital by employing necessary people and educating employees. Through such efforts, human capital is continuously enriched.

Management Indices

In addition to operating margins, ordinary margins, and ROE, market shares are regarded as being a critical management index. These are considered comprehensively in making management decisions. Furthermore, cost of capital shall be identified accurately, and a plus figure for a five-year average equity spread (difference between ROE and cost of capital) shall be our target.