FUJI OOZX, whose core product is engine valves, has upwardly revised its full-year earnings forecast for the fiscal year ending March 2027 and aims to achieve record-high sales and operating profit.
FUJI OOZX is based in Shizuoka Prefecture, with the manufacture and sale of engine valves as its core business. The company reported interim results for the current fiscal year and achieved higher profit through increased sales and the containment of certain expenses.
In its interim results for the fiscal year ending March 2027, sales rose 2.6% year on year to ¥14.5 billion, while operating profit increased 61.8% to ¥1.73 billion. Domestic sales increased, while overseas sales declined in China.
The company upwardly revised its full-year outlook for the fiscal year ending March 2027, raising its forecasts for sales to ¥28 billion and operating profit to ¥2.8 billion, with both expected to reach record highs. Regarding shareholder returns, it maintained its dividend policy while presenting an outlook that reflects the improvement in performance during the fiscal year.