FUJI ELECTRIC, Ordinary Profit Forecast for the Fiscal Year Revised Upward to an Unexpected 3% Increase, Raises Record High Profit

FUJI ELECTRIC CO., LTD. <6504> [TSE Prime] announced its financial results after the market closed on July 31st (15:30). The consolidated ordinary profit for the first quarter of the fiscal year ending March 2026 (April to June) decreased 5.1% from the same period last year to 17.3 billion yen.

However, the full-year forecast for consolidated ordinary profit has been revised upward 5.2%, from the previous forecast of 116 billion yen to 122 billion yen (compared to 118 billion yen in the previous period), record profits reach five consecutive terms, turning to a 3.2% increase in the consolidated ordinary profit outlook.

At the same time, the April to September period (first half) consolidated ordinary profit has been revised upward 19.4%, from the previous forecast of 31.0 billion yen to 37.0 billion yen (compared to 38.9 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 20.4% to 5.0%.

In the most recent three-month period, from April to June (1Q), the operating profit margin remained almost flat, changing from 7.3% in the same period last year to 7.3%.

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