FP Corporation (7947) Q4 2026 earnings summary

Executive summary

• FY26 net sales reached a record ¥240,490M (+2.1% YoY); operating profit rose 17.0% to ¥21,614M and profit attributable to owners rose 19.1% to ¥14,869M.

• Sales rose for a 16th consecutive year; operating and ordinary profit increased for a second consecutive year.

Financial highlights

• FY ordinary profit was ¥21,768M (+18.0% YoY); Q4 net sales were ¥54,050M (+0.1%), operating profit ¥3,819M (+7.3%) and net income ¥2,611M (+9.4%).

• FY gross profit rose to ¥78,423M from ¥73,071M, while SG&A increased to ¥56,809M from ¥54,600M.

• Ordinary profit gained ¥3,316M YoY: price revisions and sales activity contributed ¥4,570M; raw-material prices ¥830M; logistics and production costs reduced profit by ¥950M and ¥750M.

• FY net sales of ¥240,490M and operating profit of ¥21,614M compared with revised forecasts of ¥242,570M and ¥21,610M, respectively.

Outlook and guidance

• FY2027 forecasts were deferred amid Middle East tensions, crude-oil prices and raw-material procurement uncertainty; materials were secured through June-end at the time of reporting.

• Price increases of 20% or more apply to shipments from June 1, 2026, to offset higher costs and support stable supply; further revisions may follow cost trends.

• FY2027 dividend policy is to maintain or increase dividends; FY2026 annual dividend was ¥73.00 per share, with a 39.7% payout ratio.