Fujibo Holdings (3104) Q4 2026 earnings summary

Executive summary

• Achieved record highs in operating and net profit for FY2025, driven by strong performance in Polishing Pad and Industrial Chemicals, while Lifestyle Apparel faced declines due to weak consumer trends and higher costs.

• Growth investments focused on high-potential areas, especially advanced semiconductors and electronic materials, with completion of the Medium-term Management Plan.

• Continued restructuring and resource reallocation in Lifestyle Apparel and other businesses.

Financial highlights

• Net sales reached ¥45,929 million, up 7.0% year-over-year, with operating profit at ¥8,143 million (+25.7%) and net profit attributable to owners at ¥5,612 million (+25.4%).

• EBITDA increased 16.0% to ¥11.4 billion.

• Operating profit margin improved to 17.7% from 15.1% year-over-year.

• Comprehensive income increased 36.8% to ¥6,522 million.

• Dividend per share increased to ¥180 (pre-stock split basis), with a payout ratio of 36.2%.

Outlook and guidance

• FY2026 forecast: net sales of ¥52.7 billion (+14.7% YoY), operating profit of ¥9.2 billion (+13.0% YoY), and net profit of ¥6.3 billion (+12.2% YoY).

• Continued expansion in AI-related and semiconductor investments expected to drive growth, with some margin pressure anticipated in Polishing Pad and Industrial Chemicals due to timing of price increases and higher raw material costs.

• Ongoing efforts to diversify suppliers and pass on cost increases to customers.

• Dividend per share forecast to rise to ¥78 (post-split basis).