Furuno Electric revised its earnings forecast for the fiscal year ending February 2027 upward, raising operating profit from ¥17.0 billion to ¥21.0 billion. Second-quarter results are expected to exceed the previous forecast, and although higher component prices are expected to have an impact going forward, firm market conditions are expected to continue in the core marine business.
Furuno Electric revised its earnings forecast for the fiscal year ending February 2027, raising operating profit from the previous forecast of ¥17.0 billion to ¥21.0 billion. Second-quarter results are reported to be likely to exceed the previous forecast.
Higher component prices are expected to affect earnings in the future. Meanwhile, the core marine business is said to be supported by firm market conditions.
The revision has drawn the attention of market participants, who are awaiting further reports on the detailed numerical breakdown and the outlook.