Fukuda Denshi (6960) Q4 2026 earnings summary

Executive summary

• Net sales rose 0.5% year-over-year to ¥139,697 million for the fiscal year ended March 31, 2026, with operating profit up 2.8% and profit attributable to owners up 1.0%.

• The business environment remained uncertain due to global trade policies and geopolitical risks, but the company maintained growth in key segments.

Financial highlights

• Operating profit reached ¥26,608 million (up 2.8% year-over-year), ordinary profit ¥27,341 million (up 2.7%), and net income ¥18,790 million (up 1.0%).

• Earnings per share increased to ¥683.41 from ¥645.41 year-over-year.

• Comprehensive income surged 33.5% to ¥24,238 million.

• Gross profit improved to ¥76,522 million, with gross margin rising.

Outlook and guidance

• Fiscal year ending March 31, 2027 forecast: net sales ¥142,000 million (+1.6%), operating profit ¥25,500 million (–4.2%), ordinary profit ¥25,500 million (–6.7%), net income ¥17,700 million (–5.8%), EPS ¥655.17.

• Dividend forecast for FY2027 is ¥230 per share, with a payout ratio of 35.1%.