Fujikura raises full-year forecast after 1H operating profit more than doubles

Fujikura has boosted its second-half earnings and dividend predictions following a significant rise in revenue and profit for the six months ending September 30, the company announced. The business reported a 55.2% year-on-year increase in net sales to ¥867.4 billion, while operating profit soared 160.6% to ¥235 billion. Ordinary profit climbed 165.1% to ¥243.1 billion, and profit attributable to shareholders rose 168.5% to ¥180.3 billion.

Fujikura has raised its forecast for the fiscal year ending March 2027, projecting net sales of ¥1.768 trillion, a 49.5% increase from the previous year. The company now expects operating profit to reach ¥429 billion, up 127.3%, and ordinary profit to amount to ¥449 billion, a 125.1% rise.

The projected profit attributable to shareholders is now ¥326 billion, an increase of 107.4% compared to the prior year. Net profit per share rose to ¥108.87 from ¥40.56 a year earlier, taking into account the company's six-for-one share split that began on April 1, 2026.

Additionally, Fujikura reported comprehensive income of ¥171.9 billion, a 116.8% increase from the same period last year. The company has also revised its dividend outlook, forecasting an annual payout of ¥80 per share, consisting of an interim dividend of ¥40 and a year-end payment of ¥40.