Fujikura Raises Operating Profit Forecast to ¥429 Billion After 160.6% Growth
Key Facts
Fujikura raised its forecast for the fiscal year ending March 31, 2027, after operating profit more than doubled in the first half, according to figures reported by Reuters via Investing.com. The company estimated annual sales at ¥1.768 trillion and operating profit at ¥429 billion. The revisions reflect performance in the six months ended September 30, when sales and operating profitability grew strongly compared with the same period a year earlier. Fujikura also raised its forecasts for ordinary profit and net profit attributable to owners of the parent. The update also included an increase in the expected annual dividend to ¥80 per share.
First-half sales were ¥867.4 billion, up 55.2% year on year, while operating profit jumped 160.6% to ¥235 billion, according to figures cited by Reuters. This puts operating profit growth at about three times sales growth in percentage terms, with a clear expansion in earnings during the period. The increase was not limited to operating profit: ordinary profit climbed 165.1% to ¥243.1 billion. Profit attributable to owners of the parent also rose 168.5% to ¥180.3 billion. The figures show that first-half gains extended across the various profitability measures cited in the report.
Based on these results, the company expects sales to reach ¥1.768 trillion in the fiscal year ending in March 2027, up 49.5% from the previous year. It raised its operating profit estimate to ¥429 billion, representing annual growth of 127.3%. Annual ordinary profit is expected to reach ¥449 billion, an increase of 125.1%. Fujikura estimated profit attributable to owners of the parent at ¥326 billion, up 107.4%. Comparing the full-year forecasts with first-half growth offers a view of the performance trajectory the company expects for the rest of the fiscal year, while these estimates remain forecasts for the period through the end of March 2027.
On shareholder cash returns, Fujikura raised its annual dividend forecast to ¥80 per share for the same fiscal year. The expected amount comprises an interim dividend of ¥40 per share and a year-end dividend of the same amount. This split allocates half of the expected annual dividend to each payment, according to details of the guidance cited by Reuters. The dividend revision came alongside higher forecasts for annual sales and earnings. The available figures do not detail the previous dividend amount or the size of the increase from the prior guidance.
Net earnings per share in the first half were ¥108.87, compared with ¥40.56 in the corresponding period a year earlier, according to the report. The comparison reflects Fujikura's 6-for-1 stock split, which took effect on April 1, 2026. Earnings per share for both periods are therefore presented on a basis that accounts for the split, allowing the figures to be compared despite the change in the number of shares. This measure adds another view of earnings growth in the six months ended September. The company's latest available closing share price, according to EL7 data, was ¥3,080 on November 9, 2026.