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Earnings5121FUJIKURA COMPOSITES Inc.Automobiles and transportation equipment

Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

In the first quarter of the fiscal year ending March 2027, net sales increased 3.1% year on year and operating income increased 12.8%, while ordinary income and net income attributable to owners of the parent also increased. By segment, Industrial Materials posted a substantial increase in profit, while Coated Fabric Products swung to an operating loss, and Sports Equipment and Other posted lower profits.

Worth reading
39Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
12.8
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales10,687¥ millionYear on year +3.1%Progress 26.2%
Operating profit1,700¥ millionYear on year +12.8%Progress 31.5%
Ordinary income1,795¥ millionYear on year +8.0%Progress 32.6%
Net income attributable to owners of the parent1,305¥ millionYear on year +6.4%Progress 34.3%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥70.08
Financial position at period-end
Total assets51,304¥ million
of which net assets 39,434 ¥ millionEquity ratio 76.9%vs. prior year-end +0.7pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Segment revenueIndustrial materials ¥6,190,633 thousand (YoY +7.2%), Coated fabric products ¥833,823 thousand (YoY -13.9%), Sporting goods ¥3,575,238 thousand (YoY +1.2%), Other ¥87,891 thousand (YoY +0.1%)
Segment profitIndustrial materials ¥358,261 thousand (YoY +207.7%), Coated fabric products ¥-10,346 thousand, Sporting goods ¥1,543,854 thousand (YoY -0.8%), Other ¥5,426 thousand (YoY -3.6%)
Regional sales¥5,997,084 thousand, ¥2,438,161 thousand, ¥1,047,163 thousand, ¥1,205,176 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥40,800 million (YoY +1.4%)
Operating profit¥5,400 million (YoY +11.6%)
Ordinary income¥5,500 million (YoY +7.8%)
Net income¥3,800 million (YoY -4.7%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast¥76 → ¥86(+13.2%)
Factors Behind Changes in Business Performance

Industrial Materials posted higher sales and profit due to the recovery in orders for automotive-related and housing-equipment-related components in Japan and increased demand for components used in semiconductor manufacturing equipment. Coated Fabric Products posted lower sales and an operating loss as strong sales of materials for electrical and electronic applications and other products were offset by lower orders for defense-related products and marine equipment. Sports Equipment posted lower profit despite strong sales of new products, due to inventory adjustments in North America, sluggish sales of core shoes, and higher procurement prices resulting from the weaker yen and other factors. Other posted lower profit due to higher fuel costs.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidation0 additions, 0 exclusions (no material changes)
Material subsequent eventsNo applicable matters.
Depreciation and amortization¥394,170 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End20,074,968
Treasury Shares at Period-End1,598,374
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥10,687 million (YoY +3.1%)
Operating profit¥1,700 million (YoY +12.8%)
Ordinary income¥1,795 million (YoY +8.0%)
Profit attributable to owners of the parent¥1,305 million (YoY +6.4%)
Net income per share¥70.08
Equity ratioEnd of the current fiscal period 76.9 / End of previous period 76.2
Total assets¥51,304 million
Net assets¥39,434 million
Full-year earnings forecastNet Sales ¥40,800 million (YoY +1.4%) / Operating profit ¥5,400 million (YoY +11.6%) / Ordinary income ¥5,500 million (YoY +7.8%) / Net income ¥3,800 million (YoY -4.7%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast¥76 → ¥86(+13.2%)
Segment revenueIndustrial materials ¥6,190,633 thousand (YoY +7.2%), Coated fabric products ¥833,823 thousand (YoY -13.9%), Sporting goods ¥3,575,238 thousand (YoY +1.2%), Other ¥87,891 thousand (YoY +0.1%)
Segment profitIndustrial materials ¥358,261 thousand (YoY +207.7%), Coated fabric products ¥-10,346 thousand, Sporting goods ¥1,543,854 thousand (YoY -0.8%), Other ¥5,426 thousand (YoY -3.6%)
Regional sales¥5,997,084 thousand, ¥2,438,161 thousand, ¥1,047,163 thousand, ¥1,205,176 thousand
Depreciation and amortization¥394,170 thousand
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidation0 additions, 0 exclusions (no material changes)
Material subsequent eventsNo applicable matters.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End20,074,968
Treasury Shares at Period-End1,598,374
Factors Behind Changes in Business PerformanceIndustrial Materials posted higher sales and profit due to the recovery in orders for automotive-related and housing-equipment-related components in Japan and increased demand for components used in semiconductor manufacturing equipment. Coated Fabric Products posted lower sales and an operating loss as strong sales of materials for electrical and electronic applications and other products were offset by lower orders for defense-related products and marine equipment. Sports Equipment posted lower profit despite strong sales of new products, due to inventory adjustments in North America, sluggish sales of core shoes, and higher procurement prices resulting from the weaker yen and other factors. Other posted lower profit due to higher fuel costs.
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The recovery in orders for automotive-related and housing-equipment-related components in Japan, increased demand for components used in semiconductor manufacturing equipment, strong sales of materials for electrical and electronic applications and acoustic applications, and strong sales of new products contributed to higher sales and profits. Factors reducing profits included sluggish investment in LCD manufacturing equipment, inventory adjustments and delays in launching medical-related components, lower orders for defense-related products and marine equipment, inventory adjustments in North America, sluggish sales of core shoes, higher procurement prices due to the weaker yen, and higher fuel costs.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | FUJIKURA COMPOSITES Inc. (5121) timely disclosure | Komori