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Financial results presentation6654FUJI ELECTRIC INDUSTRY CO.,LTD.Electrical Equipment and Precision Instruments

Earnings Presentation Materials for the Second Quarter (Interim Period) of the Fiscal Year Ending January 2027

Revenue increased during the interim period, but manufacturing costs rose due to soaring material costs, resulting in declines in operating profit, ordinary profit, and interim net income. The full-year earnings forecasts and full-year revenue forecasts by product group have not been revised.

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Mixed performance
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-49
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Financial results presentationFiscal year ending January 2027, second quarter (interim period)10 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,972 million+3.3%
Operating profit¥86 million-36.1%
Ordinary income¥124 million-22.0%
Net income¥92 million-19.0%
Selling, general and administrative expenses¥500 million+0.8%
Full-year earnings forecast
Net Sales
¥4,250 million
Gross profit
¥1,333 million
Selling, general and administrative expenses
¥1,057 million
Operating profit
¥276 million
Ordinary income
¥323 million
Net income for the current fiscal year
¥224 million
Earnings per share
¥42.15
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Control switches
Net Sales45.8%
Connection devices
Net Sales50.3%
Pilot lights and indicators
Net Sales49.6%
Electronic equipment
Net Sales38.8%
Other
Net Sales1.0%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Decrease in control switch revenue¥-20 million
  • Increase in connection device revenue¥70 million
  • Increase in pilot light and indicator revenue¥19 million
  • Increase in electronic application equipment revenue¥7 million
  • Decrease in other revenue¥-13 million
  • Decrease in gross profit¥-45 million
  • Increase in selling, general and administrative expenses¥4 million
New initiatives
  • First shipment of a communications interface unit
  • Plan to develop new products for the railway rolling stock market
  • Continue proposing new products designed for digitalization
Key KPIsA metric the company considers important as a management benchmark.
  • Control switch orders received¥595 million
    Year on year against the same period last year114.0%
  • Connection device orders received¥1,020 million
    Year on year against the same period last year117.8%
  • Pilot light and indicator orders received¥272 million
    Year on year against the same period last year127.6%
  • Electronic application equipment orders received¥324 million
    Year on year against the same period last year112.4%
  • Control switch order backlog¥412 million
    Year on year against the same period last year108.9%
  • Connection device order backlog¥455 million
    Year on year against the same period last year155.7%
  • Pilot light and indicator order backlog¥226 million
    Year on year against the same period last year134.7%
  • Electronic application equipment order backlog¥275 million
    Year on year against the same period last year115.1%
Segment results
  • Control switches
    Net Sales¥541 million (YoY -3.6%)
    Orders received¥595 million (YoY +14.0%)
    Order backlog¥412 million (YoY +8.9%)
  • Connection devices
    Net Sales¥919 million (YoY +8.3%)
    Orders received¥1,020 million (YoY +17.8%)
    Order backlog¥455 million (YoY +55.7%)
  • Pilot lights and indicators
    Net Sales¥246 million (YoY +8.7%)
    Orders received¥272 million (YoY +27.6%)
    Order backlog¥226 million (YoY +34.7%)
  • Electronic equipment
    Net Sales¥264 million (YoY +3.1%)
    Orders received¥324 million (YoY +12.4%)
    Order backlog¥275 million (YoY +15.1%)
  • Other
    Net Sales¥0 million (YoY -95.9%)
    Orders received¥24 million (YoY -4.8%)
    Order backlog¥23 million (YoY +9.7%)
Market Size / Share
  • 49.6 %
    InstrumentCam switches
    Year-on-year change (points)-0.8
  • 0.8 %
    InstrumentPushbutton switches
    Year-on-year change (points)0
  • 11.8 %
    InstrumentOther switches
    Year-on-year change (points)-1.7
  • 6.7 %
    InstrumentTerminal blocks
    Year-on-year change (points)-0.7
  • 4 %
    Instrument表示灯
    Year-on-year change (points)-0.7
  • 5.2 %
    InstrumentAnnunciator relays
    Year-on-year change (points)-1.5
  • 9.4 %
    InstrumentOther dedicated control equipment
    Year-on-year change (points)0.3
Orders received and order backlog
Orders received
Control switches595
Connection devices1,020
Pilot lights and indicators272
Electronic equipment324
Other24
Order backlog
Control switches412
Connection devices455
Pilot lights and indicators226
Electronic equipment275
Other23
Number of employees
Number of Employees256 people
As ofAs of 31 July 2026
Capital expenditures
¥79 million
Annual Dividend
¥32
Interim Dividend16
Payout ratio
75.9 %
Target payout ratio50%
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFiscal year ending January 2027, second quarter (interim period)
Net Sales¥1,972 million (YoY +3.3%)
Operating profit¥86 million (YoY -36.1%)
Ordinary income¥124 million (YoY -22.0%)
Net income¥92 million (YoY -19.0%)
Selling, general and administrative expenses¥500 million (YoY +0.8%)
Full-year earnings forecastNet Sales ¥4,250 million / Gross profit ¥1,333 million / Selling, general and administrative expenses ¥1,057 million / Operating profit ¥276 million / Ordinary income ¥323 million / Net income for the current fiscal year ¥224 million / Earnings per share ¥42.15
Progress against full-year forecastControl switches Net Sales 45.8% / Connection devices Net Sales 50.3% / Pilot lights and indicators Net Sales 49.6% / Electronic equipment Net Sales 38.8% / Other Net Sales 1.0%
Segment resultsSegment Control switches / Net Sales ¥541 million (YoY -3.6%) / Orders received ¥595 million (YoY +14.0%) / Order backlog ¥412 million (YoY +8.9%), Segment Connection devices / Net Sales ¥919 million (YoY +8.3%) / Orders received ¥1,020 million (YoY +17.8%) / Order backlog ¥455 million (YoY +55.7%), Segment Pilot lights and indicators / Net Sales ¥246 million (YoY +8.7%) / Orders received ¥272 million (YoY +27.6%) / Order backlog ¥226 million (YoY +34.7%), Segment Electronic equipment / Net Sales ¥264 million (YoY +3.1%) / Orders received ¥324 million (YoY +12.4%) / Order backlog ¥275 million (YoY +15.1%), Segment Other / Net Sales ¥0 million (YoY -95.9%) / Orders received ¥24 million (YoY -4.8%) / Order backlog ¥23 million (YoY +9.7%)
Breakdown of Factors Affecting the ChangeFactors Decrease in control switch revenue / Amount ¥-20 million, Factors Increase in connection device revenue / Amount ¥70 million, Factors Increase in pilot light and indicator revenue / Amount ¥19 million, Factors Increase in electronic application equipment revenue / Amount ¥7 million, Factors Decrease in other revenue / Amount ¥-13 million, Factors Decrease in gross profit / Amount ¥-45 million, Factors Increase in selling, general and administrative expenses / Amount ¥4 million
Key KPIsIndicator name Control switch orders received / Value ¥595 million / Year on year against the same period last year 114.0%, Indicator name Connection device orders received / Value ¥1,020 million / Year on year against the same period last year 117.8%, Indicator name Pilot light and indicator orders received / Value ¥272 million / Year on year against the same period last year 127.6%, Indicator name Electronic application equipment orders received / Value ¥324 million / Year on year against the same period last year 112.4%, Indicator name Control switch order backlog / Value ¥412 million / Year on year against the same period last year 108.9%, Indicator name Connection device order backlog / Value ¥455 million / Year on year against the same period last year 155.7%, Indicator name Pilot light and indicator order backlog / Value ¥226 million / Year on year against the same period last year 134.7%, Indicator name Electronic application equipment order backlog / Value ¥275 million / Year on year against the same period last year 115.1%
Number of employeesNumber of Employees 256 people / As of As of 31 July 2026
Annual Dividend¥32
Payout ratio75.9 %
Capital expenditures¥79 million
Orders received and order backlogOrders received Control switches 595 / Connection devices 1,020 / Pilot lights and indicators 272 / Electronic equipment 324 / Other 24 / Order backlog Control switches 412 / Connection devices 455 / Pilot lights and indicators 226 / Electronic equipment 275 / Other 23
Market Size / ShareInstrument Cam switches / Value 49.6 % / Year-on-year change (points) -0.8 %, Instrument Pushbutton switches / Value 0.8 % / Year-on-year change (points) 0 %, Instrument Other switches / Value 11.8 % / Year-on-year change (points) -1.7 %, Instrument Terminal blocks / Value 6.7 % / Year-on-year change (points) -0.7 %, Instrument 表示灯 / Value 4 % / Year-on-year change (points) -0.7 %, Instrument Annunciator relays / Value 5.2 % / Year-on-year change (points) -1.5 %, Instrument Other dedicated control equipment / Value 9.4 % / Year-on-year change (points) 0.3 %
New initiativesFirst shipment of a communications interface unit, Plan to develop new products for the railway rolling stock market, Continue proposing new products designed for digitalization
Items this document does not state (12)
Gross Profit MarginOperating profit marginResults for the three months of the current quarterSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition of treasury sharesKey points of the Q&A

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.

Revenue increased for connection devices, pilot lights and indicators, and electronic application equipment, while revenue declined for control switches. On the earnings side, the increase in manufacturing costs due to soaring material costs was cited as a factor behind the decline in interim net income.

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Earnings Presentation Materials for the Second Quarter (Interim Period) of the Fiscal Year Ending January 2027 | FUJI ELECTRIC INDUSTRY CO.,LTD. (6654) timely disclosure | Komori