Fujikura (5803) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024, rose 18.7% year-over-year to ¥710,987 million, with record highs in sales and profit driven by strong demand in Telecommunication Systems and favorable foreign exchange rates.

• Operating profit surged 87.1% year-over-year to ¥96,274 million, with notable contributions from Telecommunication Systems, Electronics, Automotive Products, and Power Systems.

• Profit attributable to owners of parent increased 65.1% year-over-year to ¥59,087 million.

• Progress against the full-year revised plan is strong, with net sales at over 80% and profit at each stage over 90% of targets.

Financial highlights

• 3Q FY2024 net sales: ¥711.0 billion, up 19% year-over-year; operating profit: ¥96.3 billion, up 87%.

• Ordinary profit: ¥95.8 billion (up 86%); profit attributable to owners: ¥59.1 billion (up 65%).

• Net profit per share: ¥214.20, up from ¥129.79 year-over-year.

• Comprehensive income for the nine months was ¥73,349 million, up 37.6% year-over-year.

• Total assets as of December 31, 2024, were ¥790,323 million, with net assets at ¥417,429 million.

Outlook and guidance

• FY2024 net sales forecast revised up to ¥940.0 billion; operating profit to ¥124.0 billion, both record highs.

• Ordinary profit expected at ¥122.0 billion; net profit attributable to owners at ¥74.0 billion.

• Net profit per share forecast: ¥268.26; annual dividend forecast raised to ¥80.0 per share.

• Year-end dividend forecast revised to ¥46.50 per share.

• Record ordinary profit expected for the third consecutive year and net profit for the fourth.