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Earnings presentation6955FDK CORPORATIONElectrical Equipment and Precision Instruments

FY2025 (fiscal year ending March 2026) Financial Results Presentation Materials, Review of the Medium-Term Business Plans “R1” and “R2,” and Medium-Term Business Plan “R3”

Revenue declined in FY2025, but operating profit, ordinary profit and net income increased, driven by cost improvements in the battery business and foreign exchange effects. The materials also present the outlook for lower profit in FY2026 and the targets and initiatives under Medium-Term Business Plan “R3.”

Worth reading
84Important
Scored from 4 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
2.7
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Earnings presentationFY2025 (fiscal year ending March 2026)9 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥595.6 million-5.7%
Operating profit¥16.6 million+19.5%
Ordinary income¥14.1 million+12.3%
Net income¥7.4 million+39.0%
Operating profit margin2.8 %
Full-year earnings forecast
Net Sales
¥600 million
Operating profit
¥14 million
Ordinary income
¥13 million
Net income for the current fiscal year
¥7.5 million
Earnings per share
¥21.74
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Under R2, revenue fell short of plan in every year, operating profit met plan only in the first year, and ROIC fell short of plan in every year
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Foreign Exchange+¥240 million
  • Sales prices linked to material market prices-¥290 million
  • Raw material price fluctuations-¥440 million
  • Price revision+¥870 million
  • Cost reductions+¥20 million
  • Technical VE+¥360 million
  • Revenue Volatility-¥650 million
  • Changes in expenses-¥120 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • US$1¥155
  • €1¥180
New initiatives
  • Under R3, focus on pursuing and deepening high-growth markets and increasing added value
  • Accelerate the development of new technology products, leverage existing technologies and explore new business models
  • Allocate capital to growth investments and strengthen existing businesses
  • Transform business models and redesign business processes through DX initiatives
Key KPIsA metric the company considers important as a management benchmark.
  • ROIC4.2 %
    Year on year against the same period last year+0.9%
  • Overseas revenue ratio44.7 %
    Year on year against the same period last year+1.1pt
Segment results
  • Battery Business
    Net Sales¥482.1 million (YoY -1.5%)
    Segment profit¥17 million (YoY +49.3%)
  • Electronic Business
    Net Sales¥113.4 million (YoY -20.1%)
    Segment profit¥-0.3 million
Medium-term management plan targets
  • Cumulative for the period
    PlanR2
    Net Sales¥2,000 million
    Operating profit margin2.5 %
    ROIC5 %
  • Cumulative for the period
    PlanR3
    Net Sales¥2,000 million
    Operating profit¥70 million
    ROIC5.5 %
    Operating CF¥150 million
  • FY2028
    PlanR3
    Net Sales¥720 million
    Operating profit margin4.5 %
Financial targets
ROIC
Actual results4.2 %
Prior-year actual results3.3 %
Target
R25
R35.5
Equity ratio
Actual results40.2 %
Capital expenditures
¥26.6 million
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredFY2025 (fiscal year ending March 2026)
Net Sales¥595.6 million (YoY -5.7%)
Operating profit¥16.6 million (YoY +19.5%)
Ordinary income¥14.1 million (YoY +12.3%)
Net income¥7.4 million (YoY +39.0%)
Operating profit margin2.8 %
Full-year earnings forecastNet Sales ¥600 million / Operating profit ¥14 million / Ordinary income ¥13 million / Net income for the current fiscal year ¥7.5 million / Earnings per share ¥21.74
Self-assessment against the planUnder R2, revenue fell short of plan in every year, operating profit met plan only in the first year, and ROIC fell short of plan in every year
Segment resultsSegment Battery Business / Net Sales ¥482.1 million (YoY -1.5%) / Segment profit ¥17 million (YoY +49.3%), Segment Electronic Business / Net Sales ¥113.4 million (YoY -20.1%) / Segment profit ¥-0.3 million
Breakdown of Factors Affecting the ChangeFactors Foreign Exchange / Amount +¥240 million, Factors Sales prices linked to material market prices / Amount -¥290 million, Factors Raw material price fluctuations / Amount -¥440 million, Factors Price revision / Amount +¥870 million, Factors Cost reductions / Amount +¥20 million, Factors Technical VE / Amount +¥360 million, Factors Revenue Volatility / Amount -¥650 million, Factors Changes in expenses / Amount -¥120 million
Key KPIsIndicator name ROIC / Value 4.2 % / Year on year against the same period last year 0.9 %, Indicator name Overseas revenue ratio / Value 44.7 % / Year on year against the same period last year +1.1pt
Assumptions Underlying the Business OutlookItem US$1 / Value ¥155, Item €1 / Value ¥180
Medium-term management plan targetsPlan R2 / Subject Cumulative for the period / Net Sales ¥2,000 million / Operating profit margin 2.5 % / ROIC 5 %, Plan R3 / Subject Cumulative for the period / Net Sales ¥2,000 million / Operating profit ¥70 million / ROIC 5.5 % / Operating CF ¥150 million, Plan R3 / Subject FY2028 / Net Sales ¥720 million / Operating profit margin 4.5 %
Financial targetsROIC Actual results 4.2 % / Prior-year actual results 3.3 % / Target R2 5 / R3 5.5 / Equity ratio Actual results 40.2 %
Capital expenditures¥26.6 million
New initiativesUnder R3, focus on pursuing and deepening high-growth markets and increasing added value, Accelerate the development of new technology products, leverage existing technologies and explore new business models, Allocate capital to growth investments and strengthen existing businesses, Transform business models and redesign business processes through DX initiatives
Items this document does not state (14)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey 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 declined due to lower sales in nickel-metal hydride batteries, the equipment-related business, alkaline batteries and the electronics business. Operating profit, meanwhile, increased as a result of fluctuations in raw material prices, cost reductions through technical value engineering (VE), expense reductions and the weaker yen. The FY2026 operating profit outlook calls for a decline due to higher expenses, including fluctuations in material market prices and rising personnel costs.

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.
FY2025 (fiscal year ending March 2026) Financial Results Presentation Materials, Review of the Medium-Term Business Plans “R1” and “R2,” and Medium-Term Business Plan “R3” | FDK CORPORATION (6955) timely disclosure | Komori