F.C.C. (7296) Q4 2026 earnings summary

Executive summary

• FY26 revenue reached ¥260,836 million, up 1.6%, and operating profit rose 9.2% to ¥18,927 million; both were records.

• FY26 parent-attributable profit increased 18.3% to ¥18,760 million; comprehensive income rose to ¥29,014 million, supported by positive foreign-operation exchange differences.

• The FY2027–FY2031 plan targets a “second founding” by 2030, growth in core and new businesses, and progress toward VISION 2035.

Financial highlights

• FY26 profit before income taxes was ¥21,567 million, up 7.6%; basic EPS rose 19.6% to ¥387.36 from ¥323.77.

• Gross profit was ¥48,235 million with an 18.5% margin; operating profit margin improved to 7.3% from 6.8%.

• Total assets were ¥264,353 million and equity attributable to owners of parent was ¥205,015 million; year-end cash and cash equivalents were ¥71,360 million.

• Operating profit increased ¥1,598 million year over year, mainly from lower SG&A and depreciation, partly offset by US tariffs.

Outlook and guidance

• FY27 forecast: revenue ¥260,000 million (-0.3%), operating profit ¥20,000 million (+5.7%), profit before tax ¥22,000 million (+2.0%), and parent-attributable profit ¥15,000 million (-20.0%).

• FY27 basic EPS is forecast at ¥315.05, down 18.7%; dividend per share is forecast at ¥160.00.

• Guidance includes a ¥2,900 million negative FX effect on revenue and ¥500 million on operating profit; FY27 operating profit growth is expected mainly from lower SG&A, offset by higher R&D, sales and mix fluctuations, and US tariffs.

• Motorcycle revenue is forecast to rise on higher sales in India and the Philippines; automobile profit is expected to increase despite lower North American sales, partly from lower depreciation.