Fujikura cut its full-year earnings forecast for the current fiscal year. Alongside its earnings announcement on the afternoon of the 10th, its sales forecast was raised, its operating profit forecast was lowered, its dividend forecast was increased and its second-half foreign exchange assumptions were changed.
Fujikura revised its full-year earnings and dividend forecasts alongside its earnings announcement at 2:00 p.m. on the 10th. Net sales were increased from the previous forecast to ¥1.768 trillion, operating profit was reduced from the previous forecast to ¥429 billion, and net income was left unchanged.
The assumed second-half exchange rate was set at ¥156 per US dollar, with a stronger yen reflected in the earnings forecast. The interim dividend was increased by ¥21 from the previous forecast to ¥40, while the year-end dividend was also increased by ¥21 to ¥40, resulting in an annual dividend of ¥80.