Fujikura (5803) investor relations material

Executive summary

• Net sales and operating profit reached record highs for the second consecutive year, with ordinary profit for the fourth and net profit for the fifth year in a row.

• Net sales rose 20.7% year-over-year to ¥1,182,358 million for the fiscal year ended March 31, 2026.

• Operating profit increased 39.2% to ¥188,707 million, and ordinary profit surged 45.4% to ¥199,481 million year-over-year.

• Profit attributable to owners of parent jumped 72.5% to ¥157,163 million compared to the previous year.

• Operating and ordinary profit were below previous forecasts due to a ¥12.8 billion provision for potential U.S. tariffs.

Financial highlights

• FY2025 net sales: ¥1,182.4 billion, up 21% year-over-year.

• Operating profit: ¥188.7 billion, up 39% year-over-year.

• Ordinary profit: ¥199.5 billion, up 45% year-over-year.

• Net profit attributable to owners: ¥157.2 billion, up 72% year-over-year.

• Net profit per share: ¥569.58, up from ¥330.32 year-over-year.

• Gross profit increased from ¥260,444 million to ¥332,283 million year-over-year.

• Net profit per share was ¥94.93, calculated assuming a 6-for-1 share split.

• Equity in earnings of affiliates nearly doubled to ¥11,964 million.

• Total assets grew to ¥969,454 million, and net assets to ¥593,193 million as of March 31, 2026.

• Cash and cash equivalents at year-end were ¥178,906 million.

Outlook and guidance

• FY2026 net sales forecast: ¥1,243.0 billion, up 5% year-over-year.

• Operating profit forecast: ¥211.0 billion, up 12% year-over-year.

• Ordinary profit forecast: ¥218.0 billion, up 9% year-over-year.

• Net profit forecast: ¥156.0 billion, roughly flat year-over-year.

• Dividend per share after split: ¥38.0, payout ratio maintained at 40%.

• Net profit per share forecast is ¥94.22, based on post-split shares.