FANUC

FANUC Corporation is a Japanese corporate group headquartered in Oshino-mura (Yamanashi Prefecture) specializing in industrial automation — robotics, numerical control (CNC), servomotors, industrial lasers and machine tools. The company name is an acronym for Fuji Automatic Numerical Control. Its roots go back to 1958, when Fujitsu Ltd. created a numerical control division under Seiuemon Inaba. In 1972 the division spun off as the independent company FANUC Ltd., and by 1982 it already held half of the global CNC market.

Today FANUC is the world's largest manufacturer of industrial robots and the leader of the CNC controller market with approximately 65% share. The group operates three business units: FA (Factory Automation) — CNC controllers, servomotors, HMIs; ROBOT — a full range of robots from 1 kg to 2,300 kg payload (handling, palletizing, paint, welding, SCARA, delta, CRX cobots); ROBOMACHINE — finished ROBODRILL, ROBOSHOT and ROBOCUT machines. All units are unified by a shared service organization under the one FANUC banner.

The company is publicly traded on the Tokyo Stock Exchange (TYO:6954, a component of TOPIX Core 30, TOPIX 100 and Nikkei 225). It operates more than 240 subsidiaries and joint ventures in over 46 countries. The honorary chairman is Seiuemon Inaba, the president and CEO is Dr. Eng. Yoshiharu Inaba. The signature yellow color of all FANUC products has become a hallmark of the company. Historically, in 1986 FANUC formed the GE Fanuc Automation joint venture with General Electric (dissolved in 2009), and earlier in 1982 GMFanuc Robotics Corporation with General Motors (fully acquired by FANUC in 1992).