Fujikura (5803) Q3 2026 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2025, rose 20.2% year-over-year to ¥854.9 billion, with operating profit up 47.7% to ¥142.2 billion and net profit attributable to owners up 89.4% to ¥111.9 billion, driven by strong demand in Telecommunication Systems, especially from data centers and generative AI expansion.

• Comprehensive income more than doubled year-over-year, reaching ¥148.8 billion, a 102.9% increase.

• Full-year forecasts have been revised upward, with net sales expected to surpass ¥1.143 trillion and net profit to reach ¥150 billion, both record highs.

Financial highlights

• Gross profit increased from ¥185.7 billion to ¥242.7 billion year-over-year.

• 3Q FY2025 net sales: ¥854.9 billion, up 20% year-over-year; operating profit: ¥142.2 billion, up 48%; ordinary profit: ¥150.1 billion, up 57%; net profit attributable to owners: ¥111.9 billion, up 89%.

• Net profit per share rose to ¥405.67 from ¥214.20 year-over-year.

• Extraordinary income increased to ¥12.3 billion, while extraordinary losses decreased to ¥2.9 billion.

Outlook and guidance

• Full-year net sales forecast raised to ¥1,143.0 billion; operating profit to ¥195.0 billion; net profit to ¥150.0 billion.

• Net profit per share for the full year forecasted at ¥543.63.

• Net sales and operating profit expected to reach record levels for the second consecutive year; ordinary profit for the fourth, and net profit for the fifth consecutive year.

• Dividend per share forecast revised to ¥215.00 for the year ending March 31, 2026, reflecting a 40% payout ratio.