Fujikura Reports 61% Jump in Quarterly Profit, Revises Full-Year Guidance
Japanese cable and optical fiber manufacturer posts ¥19.6 billion in first-quarter net income as operating profit climbs 46%, prompting forecast revision.
Strong First Quarter Performance
Fujikura Ltd. (TSE: 5803) reported consolidated net profit attributable to owners of parent of ¥19,659 million for the three months ended June 30, 2026, representing a 60.8% increase from ¥12,219 million in the same period last year (Tanshin filing, 2026-08-07). The Tokyo-based manufacturer of cables, optical fibers, and electronics components delivered operating profit of ¥28,520 million, up 46.4% from ¥19,487 million year-on-year.
Net sales for the quarter reached ¥252,992 million, marking a 12.0% increase from the prior year's ¥225,914 million (Tanshin filing, 2026-08-07). The company's gross profit margin expanded as cost of sales grew at a slower pace than revenue.
Balance Sheet and Capital Structure
The company's total assets stood at ¥1,405,085 million as of June 30, 2026, compared to ¥1,353,882 million at the end of March 2026 (Tanshin filing, 2026-08-07). Net assets increased to ¥661,698 million from ¥614,316 million, reflecting the quarter's strong earnings and positive comprehensive income.
Shareholders' equity reached ¥608,598 million as of June 30, 2026, compared to ¥560,365 million at the fiscal year-end (Tanshin filing, 2026-08-07). The equity ratio stood at 43.3% as of the end of the first quarter.
Share Split and Dividend Policy
Fujikura conducted a 6-for-1 share split of its common shares effective April 1, 2026 (Tanshin filing, 2026-08-07). The number of issued shares at the end of the period totaled 1,658,640,744, including treasury stock. According to MarginX data, the company has a cash dividend of ¥19.0 scheduled for September 29, 2026.
The company reported net profit per share of ¥11.9 for the quarter, calculated on a post-split basis assuming the split was implemented at the beginning of the previous fiscal year (Tanshin filing, 2026-08-07).
Comprehensive Income and Foreign Exchange
Comprehensive income attributable to owners of parent totaled ¥41,994 million for the quarter, significantly higher than net profit due to other comprehensive income gains (Tanshin filing, 2026-08-07). The company recorded positive foreign currency translation adjustments and gains on valuation of available-for-sale securities.
Ordinary profit reached ¥29,816 million, up from ¥21,208 million in the prior year period, benefiting from non-operating income including share of profit from equity-method entities (Tanshin filing, 2026-08-07).
Updated Forecasts
The filing notes that Fujikura has revised its consolidated financial forecasts, directing investors to a separate notice titled "Notice of Revisions to Consolidated Financial Forecasts for the First Half and the Full Year of the Fiscal Year Ending March 31, 2027" also released on August 7, 2026 (Tanshin filing, 2026-08-07). The company is scheduled to hold a financial results briefing for analysts, though no supplementary material was prepared for this quarterly release.
According to MarginX data, Fujikura is expected to report first-half fiscal 2027 results on November 6, 2026.
This article was generated by MarginX from the Tanshin filing on 2026-08-07. It is not investment advice.