FUJI CORPORATION shares continued to plunge day after day through mid-August, falling sharply from the 17 August closing price by 20 August. Before this, reports said on 7 August that Tokai Tokyo had raised its target price to ¥10,000. Meanwhile, the company’s most recent results showed substantial increases in revenue and profit in the first quarter of the fiscal year ending March 2027.
In trading on 18 August, the share price fell 7.36% from the previous day, followed by a further 7.04% decline the next day, falling from the 17 August closing price of ¥8,561 to ¥7,325 on 20 August. Although reports quoted market views that investment related to data centers was expected to remain strong, the stock has continued to trade weakly.
Reports said that Tokai Tokyo Securities had raised its target price for the company to ¥10,000 on 7 August, and the stock appears to have entered a period of wider price swings after this positive valuation catalyst.
In the results for the first quarter of the fiscal year ending March 2027, announced on 3 August 2026, revenue was ¥60.6 billion, operating profit was ¥15.2 billion, and net income was ¥12.6 billion, representing substantial year-on-year increases in revenue and profit. A substantial upward revision to the full-year forecast and an increase in the dividend from the previous fiscal year were expected.
Performance over the past 12 quarters has been trending upward, with improvements in net profit margin and operating profit margin, while the equity ratio has remained stable.