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FANUC CORPORATION

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  2. About FANUC
  3. Corporate Profile
  4. Basic Management Policies

Basic Management Policies

Vision

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

Management Policies

FANUC has consistently pursued industrial automation widely, not limited to the manufacturing sector. 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 compete through technology by concentrating resources in industrial automation, and walking “a straight and narrow path.” This continues to this day.

In order to turn this vision into reality, FANUC established “Genmitsu (Strict Preciseness) and Tomei (Transparency)” as its basic principle. In this principle lies 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 CNCs and servos, which are also applied to the ROBOT and ROBOMACHINE businesses. In addition, by actively incorporating the latest control / digital / IoT / AI technologies in all three businesses, FANUC endeavors to make its 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, FANUC aims to achieve steady growth and contribute to society by further promoting industrial automation, which is expected to increase in the medium to long term.

Our Three Slogans

one FANUC

  • FANUC’s three businesses—FA, ROBOT and ROBOMACHINE—are united with SERVICE to provide total solutions that advance our customers’ automation. At the same time, FANUC group companies worldwide collaborate as one to serve customers across the globe.

Reliable
Predictable
Easy to Repair

  • FANUC develops products that are "Reliable," "Predictable," "Easy to Repair," to minimize downtime and improve the operational uptime of our customers.

Service First

  • FANUC provides high-level services anywhere in the world, based on our global standards, helping our customers improve operational uptime.

Management Strategy

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

Quality Improvement

  • FANUC pursues quality improvement in all processes, from product development and design, to manufacturing and after-sales service, thus ensuring a higher level of product safety, compliance with legal and regulatory standards, and reliability.
  • Led by the Quality Management Division, which functions independently from the R&D and manufacturing divisions, FANUC strives to ensure that the critical elements of quality, i.e., complying with laws and regulations and enhancing reliability, are maintained across all products.

Customer-Oriented Advanced Technologies

  • By narrowing down to FANUC’s area of expertise of industrial automation, and aggressively investing in R&D in this field, highly competitive products are developed and released.
  • As acquiring skilled workers becomes more difficult, further emphasis is placed on ease of use in developing products, to deal with this situation.
  • FANUC will further promote industrial efficiency and the creation of added value through the proactive application of the latest control / digital / IoT / AI technologies.
  • Together with our ongoing research and development efforts, FANUC will further expand its intellectual property portfolio.

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, creating a more employee-friendly workplace and improving employee engagement are considered key priorities. 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.
  • Group-wide initiatives embrace human resource diversity and respect of individuality and values, encouraging each employee to fully demonstrate their unique abilities (Diversity & Inclusion). These efforts aim to strengthen our organization and drive sustainable growth.

Environmental Initiatives

  • With the slogan of “leaving nature and resources to posterity,” FANUC aims to conserve the global environment in all aspects of its corporate activities, such as by observing environmental laws and regulations, reducing energy consumption, optimizing resource utilization, improving chemical substance control, and using water resources efficiently.

Governance

  • 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 efforts will be made to improve ROE.
  • As a company with an Audit and Supervisory Committee, FANUC will further strengthen governance to enhance the sustainable growth in corporate value by separating execution from management and reinforcing the supervisory function of the Board of Directors, where independent outside directors constitute the majority.