Komori
Revision of earnings forecasts5801Furukawa Electric Co.,Ltd.Iron & Steel, Nonferrous Metals

Notice of the Differences Between the Full-Year Earnings Forecast and Actual Results for the Fiscal Year Ending March 2026, Dividend from Surplus, and Changes to the Dividend Policy

Consolidated results for the fiscal year ending March 2026 exceeded the previous forecast by 0.6% for net sales, 14.0% for operating profit, 16.7% for ordinary profit and 34.3% for net income attributable to owners of the parent. The year-end dividend was increased from ¥160 to ¥210 per share, and the dividend policy was changed to target a DOE of 3.5% from FY2026 through FY2030.

Worth reading
60In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
18514
¥ million
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 9 February 2026
Net Sales1,300,000→1,307,560million
+0.6%
Operating profit56,000→63,856million
+14.0%
Ordinary income65,000→75,858million
+16.7%
Profit attributable to owners of the parent54,000→72,514million
+34.3%
Net income per share767→1,030.17yen and sen
+34.3%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

Operating profit exceeded the forecast because sales of data center-related products and other items increased in the Information and Communications Solutions business, sales of functional wire and power transmission and distribution components increased in the Energy Infrastructure business, price adjustments progressed in the Automotive Components business, and profits recovered in the Electrical and Electronics Materials business as copper prices stabilized. In addition, gains from the revision of the retirement benefit plan associated with the recent rise in the share price substantially exceeded expectations, resulting in an upside in net income attributable to owners of the parent.

Previous-period resultsNet sales of ¥1,201,762 million, operating profit of ¥47,032 million, ordinary profit of ¥48,506 million, net income attributable to owners of the parent of ¥33,357 million, and net income per share of ¥473.36 (fiscal year ended March 2025)
Dividend forecast revisionThe year-end dividend for the fiscal year ending March 2026 was increased by ¥50 from the previous forecast of ¥160 per share to ¥210 per share. Based on the new dividend policy, the annual dividend forecast for the fiscal year ending March 2027 is ¥22 per share, or ¥220 without taking the stock split into account.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥1,300,000 million → ¥1,307,560 million(+0.6%)
Operating profit¥56,000 million → ¥63,856 million(+14.0%)
Ordinary income¥65,000 million → ¥75,858 million(+16.7%)
Profit attributable to owners of the parent¥54,000 million → ¥72,514 million(+34.3%)
Net income per share767 yen and sen → 1,030.17 yen and sen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast9 February 2026
Previous-period resultsNet sales of ¥1,201,762 million, operating profit of ¥47,032 million, ordinary profit of ¥48,506 million, net income attributable to owners of the parent of ¥33,357 million, and net income per share of ¥473.36 (fiscal year ended March 2025)
Reason for the revisionOperating profit exceeded the forecast because sales of data center-related products and other items increased in the Information and Communications Solutions business, sales of functional wire and power transmission and distribution components increased in the Energy Infrastructure business, price adjustments progressed in the Automotive Components business, and profits recovered in the Electrical and Electronics Materials business as copper prices stabilized. In addition, gains from the revision of the retirement benefit plan associated with the recent rise in the share price substantially exceeded expectations, resulting in an upside in net income attributable to owners of the parent.
Dividend forecast revisionThe year-end dividend for the fiscal year ending March 2026 was increased by ¥50 from the previous forecast of ¥160 per share to ¥210 per share. Based on the new dividend policy, the annual dividend forecast for the fiscal year ending March 2027 is ¥22 per share, or ¥220 without taking the stock split into account.
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Details and amount of extraordinary 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.

Operating profit exceeded the previous forecast because sales of data center-related products and other items increased in the Information and Communications Solutions business, sales of functional wire and power transmission and distribution components increased in the Energy Infrastructure business, price adjustments progressed in the Automotive Components business, and profits recovered in the Electrical and Electronics Materials business as copper prices stabilized. In addition, gains from the revision of the retirement benefit plan associated with the recent rise in the share price substantially exceeded expectations, resulting in an upside in net income attributable to owners of the parent.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice of the Differences Between the Full-Year Earnings Forecast and Actual Results for the Fiscal Year Ending March 2026, Dividend from Surplus, and Changes to the Dividend Policy | Furukawa Electric Co.,Ltd. (5801) timely disclosure | Komori