Furukawa Electric has raised its ordinary profit forecast for the current fiscal year by 8% from its previous forecast and added a forecast for record profit. The new outlook is revenue of ¥1.57 trillion, ordinary profit of ¥155 billion, net profit of ¥118 billion and revised EPS of ¥167.69.
Furukawa Electric has raised its earnings outlook for the current fiscal year, revising its ordinary profit forecast upward by approximately 8% from the previous forecast. The new forecasts are revenue of ¥1.57 trillion, operating profit of ¥136 billion, ordinary profit of ¥155 billion, net profit of ¥118 billion and revised EPS of ¥167.69.
Compared with the previous forecasts, revenue has been revised upward by approximately 2.6%, ordinary profit by approximately 8.4%, net profit by approximately 12.4% and EPS by approximately 12.4%. The revision indicates that the underlying figures have grown significantly from the previous fiscal year.
The current-period earnings revision was made within the full-year plan covering April 2026 to March 2027. Further information will be disclosed regarding the specific earnings trajectory and the timing of any additional announcements.