General Patent Corporation announced that it settled a patent infringement lawsuit filed by its subsidiary, Trounson Automation LLC, against Fanuc Corporation and its U.S. affiliate, Fanuc FA America Corporation (Fanuc). As part of the settlement, Fanuc took a license under the Trounson Automation patent on single processor computer numeric control (CNC). This settlement resolves Trounson Automation LLC v. Fanuc Corporation and Fanuc FA America Corporation filed in U.S. District Court for the Southern District of New York on August 3, 2012. The patent-at-suit was U.S. Patent No. 5,926,389 Computer Control System for Generating Geometric Designs.

Fanuc Corporation reported consolidated and non-consolidated earnings results for the nine months ended December 31, 2012. For the nine months, on consolidated basis, the company reported net sales of ¥385,099 million compared to ¥403,169 million, operating income of ¥146,253 million compared to ¥168,812 million, ordinary income of ¥151,563 million compared to ¥173,563 million, income before income taxes and minority interests of ¥151,563 million compared to ¥173,563 million and net income of ¥95,180 million or ¥486.30 per share compared to ¥105,960 million or ¥541.32 per share for the last year. For the nine months, on non-consolidated basis, the company reported net sales of ¥324,396 million compared to ¥349,158 million, operating income of ¥132,783 million compared to ¥152,194 million, ordinary income of ¥142,534 million compared to ¥175,846 million and net income of ¥91,929 million compared to ¥112,667 million for the last year. The company provided consolidated and non-consolidated earnings guidance for the year ending March 31, 2013. For the year, on consolidate basis, the company expects net sales of ¥478,000 million, operating income of ¥178,000 million, ordinary income of ¥185,000 million and net income of ¥116,000 million or ¥592.68 per share. For the year, on non-consolidate basis, the company expects net sales of ¥401,000 million, operating income of ¥159,000 million, ordinary income of ¥169,000 million and net income of ¥109,000 million.

FANUC CORPORATION reported consolidated and unconsolidated earnings results for the six months ended September 30, 2012. For the period, on consolidated basis, the company reported net sales of JPY 263,607 million against JPY 266,414 million a year ago. Operating income was JPY 101,867 million against JPY 116,568 million a year ago. Ordinary income was JPY 105,141 million against JPY 119,538 million a year ago. Income before income taxes and minority interests was JPY 105,141 million against JPY 119,538 million a year ago. Net income was JPY 66,963 million or JPY 342.13 per basic share against JPY 74,222 million or JPY 379.18 per basic share a year ago. For the period, on unconsolidated basis, the company reported net sales of JPY 221,697 million against JPY 227,616 million a year ago. Operating income was JPY 91,356 million against JPY 102,172 million a year ago. Ordinary income was JPY 99,213 million against JPY 125,159 million a year ago. Net income was JPY 64,325 million against JPY 83,682 million a year ago. The company provided consolidated earnings guidance for the year ending March 31, 2013. For the period, the company expects net sales of JPY 531,000 million, operating income of JPY 205,000 million, ordinary income of JPY 212,000 million and net income of JPY 136,000 million or JPY 694.86 per share. The company provided unconsolidated earnings guidance for the year ending March 31, 2013. For the period, the company expects net sales of JPY 454,000 million, operating income of JPY 188,000 million, ordinary income of JPY 196,000 million and net income of JPY 126,000 million.