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Fanuc

DB:FUCA
Snowflake Description

Flawless balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FUCA
DB
¥4,195B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Fanuc Corporation provides factory automation products primarily in the Americas, Europe, and Asia. The last earnings update was 69 days ago. More info.


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FUCA Share Price and Events
7 Day Returns
2.4%
DB:FUCA
5%
DE Machinery
2.5%
DE Market
1 Year Returns
-15.8%
DB:FUCA
-18.1%
DE Machinery
-6.7%
DE Market
FUCA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Fanuc (FUCA) 2.4% 11.8% 11.6% -15.8% 13.1% 29.9%
DE Machinery 5% 9.3% 8% -18.1% -3.4% 17.3%
DE Market 2.5% 3.3% 9.2% -6.7% 9% 13.5%
1 Year Return vs Industry and Market
  • FUCA outperformed the Machinery industry which returned -18.1% over the past year.
  • FUCA underperformed the Market in Germany which returned -6.7% over the past year.
Price Volatility
FUCA
Industry
5yr Volatility vs Market

Value

 Is Fanuc undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Fanuc to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Fanuc.

DB:FUCA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 21 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:FUCA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Machinery Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.067 (1 + (1- 30.86%) (0%))
1.045
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.045 * 5.96%)
6.46%

Discounted Cash Flow Calculation for DB:FUCA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Fanuc is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:FUCA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 6.46%)
2019 106,126.83 Analyst x6 99,690.12
2020 86,285.29 Analyst x7 76,136.09
2021 100,444.50 Analyst x6 83,254.35
2022 108,154.33 Analyst x3 84,207.67
2023 138,799.00 Analyst x2 101,512.84
2024 153,712.43 Est @ 10.74% 105,601.61
2025 165,378.64 Est @ 7.59% 106,725.43
2026 174,277.91 Est @ 5.38% 105,647.14
2027 180,961.82 Est @ 3.84% 103,045.56
2028 185,943.77 Est @ 2.75% 99,460.56
Present value of next 10 years cash flows ¥965,281.36
DB:FUCA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ¥185,943.77 × (1 + 0.23%) ÷ (6.46% – 0.23%)
¥2,992,071.74
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥2,992,071.74 ÷ (1 + 6.46%)10
¥1,600,446.85
DB:FUCA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥965,281.36 + ¥1,600,446.85
¥2,565,728.21
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥2,565,728.21 / 193.83
¥13236.86
DB:FUCA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:FUCA represents 0.00078x of TSE:6954
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00078x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 13,236.86 x 0.00078
€10.27
Value per share (EUR) From above. €10.27
Current discount Discount to share price of €16.80
= -1 x (€16.80 - €10.27) / €10.27
-63.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Fanuc is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Fanuc's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Fanuc's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:FUCA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in JPY ¥899.70
TSE:6954 Share Price ** TSE (2019-04-18) in JPY ¥21645
Germany Machinery Industry PE Ratio Median Figure of 38 Publicly-Listed Machinery Companies 18.17x
Germany Market PE Ratio Median Figure of 421 Publicly-Listed Companies 19.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Fanuc.

DB:FUCA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:6954 Share Price ÷ EPS (both in JPY)

= 21645 ÷ 899.70

24.06x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fanuc is overvalued based on earnings compared to the DE Machinery industry average.
  • Fanuc is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Fanuc's expected growth come at a high price?
Raw Data
DB:FUCA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 24.06x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 21 Analysts
7.1%per year
Germany Machinery Industry PEG Ratio Median Figure of 29 Publicly-Listed Machinery Companies 1.76x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

DB:FUCA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 24.06x ÷ 7.1%

3.37x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fanuc is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Fanuc's assets?
Raw Data
DB:FUCA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in JPY ¥7,274.15
TSE:6954 Share Price * TSE (2019-04-18) in JPY ¥21645
Germany Machinery Industry PB Ratio Median Figure of 46 Publicly-Listed Machinery Companies 1.84x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.87x
DB:FUCA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:6954 Share Price ÷ Book Value per Share (both in JPY)

= 21645 ÷ 7,274.15

2.98x

* Primary Listing of Fanuc.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fanuc is overvalued based on assets compared to the DE Machinery industry average.
X
Value checks
We assess Fanuc's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. Fanuc has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Fanuc expected to perform in the next 1 to 3 years based on estimates from 21 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Fanuc expected to grow at an attractive rate?
  • Fanuc's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Fanuc's earnings growth is positive but not above the Germany market average.
  • Fanuc's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:FUCA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:FUCA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 21 Analysts 7.1%
DB:FUCA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 21 Analysts 5.8%
Germany Machinery Industry Earnings Growth Rate Market Cap Weighted Average 11.5%
Germany Machinery Industry Revenue Growth Rate Market Cap Weighted Average 5.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:FUCA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 21 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:FUCA Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-03-31 826,065 244,310 2
2023-03-31 805,178 217,960 197,218 5
2022-03-31 743,940 201,671 187,764 6
2021-03-31 662,549 165,864 139,522 19
2020-03-31 593,436 160,152 112,628 21
2019-03-31 632,079 198,881 146,283 21
DB:FUCA Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2018-12-31 686,714 174,394
2018-09-30 723,935 182,906 177,887
2018-06-30 740,941 185,845
2018-03-31 726,596 175,990 181,957
2017-12-31 682,609 171,438
2017-09-30 627,446 163,195 153,286
2017-06-30 577,850 138,293
2017-03-31 536,942 121,713 127,697
2016-12-31 526,154 124,972
2016-09-30 530,557 130,799 127,971
2016-06-30 553,580 139,175
2016-03-31 623,418 140,633 159,700

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Fanuc's earnings are expected to grow by 7.1% yearly, however this is not considered high growth (20% yearly).
  • Fanuc's revenue is expected to grow by 5.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:FUCA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 21 Analyst Estimates (S&P Global) See Below

All data from Fanuc Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FUCA Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-03-31
2023-03-31 1,085.75 1,183.00 988.50 2.00
2022-03-31 978.00 1,049.00 907.00 2.00
2021-03-31 718.97 1,017.90 502.95 20.00
2020-03-31 588.26 800.37 366.30 21.00
2019-03-31 762.81 837.06 638.78 21.00
DB:FUCA Past Financials Data
Date (Data in JPY Millions) EPS *
2018-12-31 899.70
2018-09-30 917.70
2018-06-30 958.74
2018-03-31 938.66
2017-12-31 884.38
2017-09-30 790.72
2017-06-30 713.37
2017-03-31 658.63
2016-12-31 643.47
2016-09-30 657.42
2016-06-30 713.36
2016-03-31 816.78

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Fanuc is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Fanuc's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Fanuc has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Fanuc performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Fanuc's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Fanuc's year on year earnings growth rate has been positive over the past 5 years.
  • Fanuc's 1-year earnings growth is less than its 5-year average (1.7% vs 2.9%)
  • Fanuc's earnings growth has exceeded the DE Machinery industry average in the past year (1.7% vs -5%).
Earnings and Revenue History
Fanuc's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Fanuc Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FUCA Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 686,714.00 174,394.00 104,091.00
2018-09-30 723,935.00 177,887.00 101,754.00
2018-06-30 740,941.00 185,845.00 100,526.00
2018-03-31 726,596.00 181,957.00 98,594.00
2017-12-31 682,609.00 171,438.00 92,989.00
2017-09-30 627,446.00 153,286.00 89,156.00
2017-06-30 577,850.00 138,293.00 84,733.00
2017-03-31 536,942.00 127,697.00 80,310.00
2016-12-31 526,154.00 124,972.00 78,044.00
2016-09-30 530,557.00 127,971.00 76,585.00
2016-06-30 553,580.00 139,175.00 77,220.00
2016-03-31 623,418.00 159,700.00 80,939.00
2015-12-31 690,945.00 185,447.00 84,336.00
2015-09-30 736,914.00 205,136.00 85,094.00
2015-06-30 763,865.00 213,173.00 84,804.00
2015-03-31 729,760.00 207,599.00 81,175.00
2014-12-31 650,180.00 183,303.00 73,986.00
2014-09-30 577,666.00 155,200.00 69,719.00
2014-06-30 507,899.00 133,408.00 63,945.00
2014-03-31 450,976.00 110,930.00 59,653.00
2013-12-31 440,498.00 102,384.00 57,420.00
2013-09-30 450,913.00 103,617.00 55,043.00
2013-06-30 466,955.00 107,987.00 54,961.00
2013-03-31 498,395.00 120,484.00 54,904.00
2012-12-31 520,422.00 128,039.00 54,542.00
2012-09-30 535,685.00 131,560.00 56,158.00
2012-06-30 544,870.00 139,352.00 54,251.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Fanuc has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Fanuc used its assets more efficiently than the DE Machinery industry average last year based on Return on Assets.
  • Fanuc's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Fanuc's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Fanuc has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Fanuc's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Fanuc's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Fanuc is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Fanuc's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Fanuc's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Fanuc has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Fanuc Company Filings, last reported 3 months ago.

DB:FUCA Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,417,182.00 0.00 604,852.00
2018-09-30 1,500,379.00 0.00 750,492.00
2018-06-30 1,453,124.00 0.00 714,619.00
2018-03-31 1,467,630.00 0.00 747,329.00
2017-12-31 1,440,061.00 0.00 768,320.00
2017-09-30 1,427,807.00 0.00 818,124.00
2017-06-30 1,373,546.00 0.00 759,623.00
2017-03-31 1,369,457.00 0.00 774,761.00
2016-12-31 1,331,991.00 0.00 776,914.00
2016-09-30 1,307,260.00 0.00 780,128.00
2016-06-30 1,279,546.00 0.00 760,411.00
2016-03-31 1,334,910.00 0.00 831,662.00
2015-12-31 1,351,745.00 0.00 876,919.00
2015-09-30 1,370,821.00 0.00 935,654.00
2015-06-30 1,346,457.00 0.00 904,192.00
2015-03-31 1,386,695.00 0.00 991,236.00
2014-12-31 1,334,479.00 0.00 928,703.00
2014-09-30 1,285,720.00 0.00 880,492.00
2014-06-30 1,225,016.00 0.00 817,894.00
2014-03-31 1,199,863.00 0.00 823,670.00
2013-12-31 1,179,983.00 0.00 798,078.00
2013-09-30 1,145,810.00 0.00 773,546.00
2013-06-30 1,111,636.00 0.00 733,648.00
2013-03-31 1,094,129.00 0.00 727,753.00
2012-12-31 1,053,349.00 0.00 674,427.00
2012-09-30 1,021,197.00 0.00 668,803.00
2012-06-30 989,930.00 0.00 624,475.00
  • Fanuc has no debt.
  • Fanuc has not taken on any debt in the past 5 years.
  • Fanuc has no debt, it does not need to be covered by operating cash flow.
  • Fanuc has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Fanuc's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Fanuc has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Fanuc's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.75%
Current annual income from Fanuc dividends. Estimated to be 1.9% next year.
If you bought €2,000 of Fanuc shares you are expected to receive €55 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Fanuc's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • Fanuc's dividend is below the markets top 25% of dividend payers in Germany (3.74%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:FUCA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 21 Analyst Estimates (S&P Global) See Below
Germany Machinery Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 2.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 324 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:FUCA Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2024-03-31
2023-03-31 593.10 1.00
2022-03-31 544.20 1.00
2021-03-31 443.55 17.00
2020-03-31 362.61 18.00
2019-03-31 941.86 14.00
DB:FUCA Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2018-06-29 595.500 3.025
2018-04-26 595.500 2.571
2017-10-25 474.430 1.724
2017-04-27 395.180 1.769
2017-02-08 372.400 1.656
2017-01-26 372.400 1.685
2016-11-10 372.400 1.850
2016-10-31 372.400 1.976
2016-06-29 490.070 2.813
2016-04-27 490.070 3.013
2015-06-29 983.860 5.025
2015-04-27 983.860 3.743
2014-06-30 170.060 0.843
2014-04-25 170.060 0.969
2013-06-28 184.680 1.116
2013-04-26 184.680 1.228
2012-06-29 212.770 1.555
2012-04-25 212.770 1.596
2012-02-13 227.520 1.558
2012-01-25 227.520 1.766
2011-11-14 227.520 1.851
2011-10-25 227.520 1.795
2011-04-27 184.130 1.475
2010-10-27 171.080 1.373
2010-06-30 56.330 0.553
2010-04-27 56.330 0.558
2010-02-15 26.380 0.276
2010-01-29 26.380 0.295
2009-10-28 26.380 0.327
2009-06-29 108.020 1.414
2009-04-28 108.020 1.409
2009-04-20 130.800 1.911

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Fanuc's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.6x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Fanuc's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Fanuc afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Fanuc has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Fanuc's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Kenji Yamaguchi
COMPENSATION ¥475,000,000
AGE 50
TENURE AS CEO 0.3 years
CEO Bio

Mr. Kenji Yamaguchi serves as the President, Chief Executive Officer and Director of Fanuc Corporation since 2019. Mr. Yamaguchi had been Chief Operating Officer and General Manager of FA Business Division at Fanuc Corporation since June 2016 until 2019 and served as its Vice President and General Manager of Overall Production Division since October 2013. He served as the Chief of Production Technology Center at Fanuc Corporation since October 2004. Mr. Yamaguchi joined Fanuc Corp in April 1993 and was its Manager of Head Office Plant since April 2007 and General Manager of Production Division since January 2012. He served as Senior Managing Director at Fanuc Corporation since June 2008 and also served as Vice President Director since June 2013. He has been a Representative Director of Fanuc Corporation since June 2008. Mr. Yamaguchi has been Standing Statutory Auditor of Unirita Inc. since June 2011. Mr. Yamaguchi served as a Representative Director of Unirita Inc. (formerly known as Bsp Incorporated) until June 16, 2016. He Completed Graduate School of Engineering from School of Precision Machinery Engineering, University of Tokyo.

CEO Compensation
  • Kenji's compensation has been consistent with company performance over the past year.
  • Kenji's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Fanuc management team in years:

2.8
Average Tenure
57
Average Age
  • The tenure for the Fanuc management team is about average.
Management Team

Kenji Yamaguchi

TITLE
President
COMPENSATION
¥475M
AGE
50
TENURE
0.3 yrs

Yoshihiro Gonda

TITLE
CFO, Senior EVP
COMPENSATION
¥330M
AGE
58
TENURE
2.8 yrs

Hiroyuki Uchida

TITLE
CTO, Senior EVP
COMPENSATION
¥330M
AGE
60
TENURE
2.8 yrs

Toshiya Okada

TITLE
Executive Managing Officer
COMPENSATION
¥204M
AGE
57
TENURE
2 yrs

Hiroshi Noda

TITLE
Executive Managing Officer
COMPENSATION
¥204M
AGE
55
TENURE
5.5 yrs

Shunsuke Matsubara

TITLE
Executive Managing Officer
COMPENSATION
¥204M
AGE
57
TENURE
5.5 yrs

Katsuo Kohari

TITLE
Executive Managing Officer
COMPENSATION
¥204M
AGE
76
TENURE
5.5 yrs

Seiuemon Inaba

TITLE
Founder and Honorary Chairman
AGE
40

Kiyonori Inaba

TITLE
Executive Managing Officer
COMPENSATION
¥133M
AGE
40
TENURE
5.5 yrs

Yutaka Saito

TITLE
Senior Executive Vice President
AGE
64
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the Fanuc board of directors in years:

15.8
Average Tenure
57
Average Age
  • The average tenure for the Fanuc board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Yoshiharu Inaba

TITLE
Chairman of the Board
COMPENSATION
¥690M
AGE
70
TENURE
2.8 yrs

Kenji Yamaguchi

TITLE
President
COMPENSATION
¥475M
AGE
50
TENURE
10.8 yrs

Yoshihiro Gonda

TITLE
CFO, Senior EVP
COMPENSATION
¥330M
AGE
58
TENURE
17.8 yrs

Hiroyuki Uchida

TITLE
CTO, Senior EVP
COMPENSATION
¥330M
AGE
60
TENURE
21.8 yrs

Toshiya Okada

TITLE
Executive Managing Officer
COMPENSATION
¥204M
AGE
57
TENURE
6.8 yrs

Hiroshi Noda

TITLE
Executive Managing Officer
COMPENSATION
¥204M
AGE
55
TENURE
15.8 yrs

Shunsuke Matsubara

TITLE
Executive Managing Officer
COMPENSATION
¥204M
AGE
57
TENURE
17.8 yrs

Katsuo Kohari

TITLE
Executive Managing Officer
COMPENSATION
¥204M
AGE
76
TENURE
15.8 yrs

Seiuemon Inaba

TITLE
Founder and Honorary Chairman
AGE
40

Kiyonori Inaba

TITLE
Executive Managing Officer
COMPENSATION
¥133M
AGE
40
TENURE
5.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Fanuc's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Fanuc has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Fanuc Corporation provides factory automation products primarily in the Americas, Europe, and Asia. It offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire-cut electric discharge machines, and ultra-precision machines. The company was founded in 1972 and is headquartered in Minamitsuru, Japan.

Details
Name: Fanuc Corporation
FUCA
Exchange: DB
Founded: 1972
¥33,348,038,861
193,832,071
Website: http://www.fanuc.co.jp
Address: Fanuc Corporation
Oshino-mura,
Minamitsuru,
Yamanashi, Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 6954 Common Stock The Tokyo Stock Exchange JP JPY 06. Jan 1992
OTCPK FANU.F Common Stock Pink Sheets LLC US USD 06. Jan 1992
DB FUC Common Stock Deutsche Boerse AG DE EUR 06. Jan 1992
BMV FANU N Common Stock Bolsa Mexicana de Valores MX MXN 06. Jan 1992
OTCPK FANU.Y UNSP ADR EACH REP 0.10 ORD Pink Sheets LLC US USD 13. Oct 2008
DB FUCA UNSP ADR EACH REP 0.10 ORD Deutsche Boerse AG DE EUR 13. Oct 2008
Number of employees
Current staff
Staff numbers
7,163
Fanuc employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 22:04
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/02/08
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.