Fibocom Wireless Inc (300638) Q3 2026 earnings summary

Executive summary

• Q3 2026 revenue rose 30.39% YoY to ¥2.163bn; net income attributable to shareholders increased 16.57% to ¥114.6m, while adjusted net income excluding non-recurring items fell 74.48% to ¥24.2m.

• YTD revenue increased 10.72% to ¥5.941bn, but net income attributable to shareholders declined 44.21% to ¥176.4m; operating cash flow was negative ¥2.496bn.

Financial highlights

• Q3 non-recurring gains totaled ¥90.4m; YTD non-recurring gains totaled ¥113.1m, including ¥62.6m of investment income from a business disposal.

• YTD financial expenses rose 269.14% to ¥31.5m, mainly due to increased foreign-exchange losses; other income fell 63.34% to ¥13.0m as VAT rebates declined.

• YTD investment income increased to ¥78.7m from ¥2.6m, mainly due to gains from disposing of a subsidiary.

Key financial ratios and metrics

• YTD basic and diluted EPS were both ¥0.1969, down 52.54% and 52.36% YoY, respectively; weighted average ROE was 2.82%, down 5.83% YoY.

• Total assets reached ¥11.574bn at quarter-end, up 19.45% from year-end 2025; equity attributable to shareholders was ¥6.178bn, down 1.31%.