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FURUNO ELECTRIC, Mar-Nov (Cumulative 3Q) Ordinary Profit Increases by 32%, Sep-Nov Ordinary Profit Increases by 25%
6814 FURUNO ELECTRIC CO., LTD. 【J-GAAP】
Earnings ReportFURUNO ELECTRIC CO., LTD. <6814> [TSE Prime] announced its financial results after the market closed on January 9th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending February 2026 (March to November) expanded 14.3 billion yen, an increase 32.3% compared to the same period last year. Progress toward the full-year plan of 17.5 billion yen was 81.8%, it was below the five-year average of 85.2%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the December to February period (4Q) is expected to decrease 4.6% from the same period last year to 3.17 billion yen.
In the most recent three-month period, from September to November (3Q), the consolidated ordinary profit grew 25.3% from the same period last year, reaching 4.15 billion yen. However, the operating profit margin decreased from 10.3% in the same period last year to 9.9%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Nov, 2023 | 82,506 | 6,426 | 7,740 | 6,127 | 194.1 | 94.7 | Jan 15, 2024 | J-GAAP |
| Mar - Nov, 2024 | 93,600 | 10,481 | 10,828 | 8,538 | 270.3 | 76.5 | Jan 14, 2025 | J-GAAP |
| Mar - Nov, 2025 | 102,756 | 12,679 | 14,323 | 13,310 | 421.2 | 81.8 | Jan 9, 2026 | J-GAAP |
| YoY | +9.8% | +21.0% | +32.3% | +55.9% | +55.8% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Feb, 2024 | 64,152 | 5,882 | 6,644 | 6,390 | 202.3 | 75 | Apr 9, 2025 | J-GAAP |
| Sep - Feb, 2025 Guidance | 68,847 | 6,697 | 7,331 | 5,310 | 168.0 | 75 | Oct 10, 2025 | J-GAAP |
| YoY | +7.3% | +13.9% | +10.3% | -16.9% | -16.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2024 | 114,850 | 6,521 | 8,171 | 6,240 | 197.6 | 60 | Apr 15, 2024 | J-GAAP |
| Feb, 2025 | 126,953 | 13,181 | 14,158 | 11,457 | 362.6 | 110 | Apr 9, 2025 | J-GAAP |
| Feb, 2026 Guidance | 137,500 | 16,000 | 17,500 | 15,500 | 490.4 | 150 | Oct 10, 2025 | J-GAAP |
| YoY | +8.3% | +21.4% | +23.6% | +35.3% | +35.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Nov, 2024 | 30,799 | 3,182 | 3,314 | 3,471 | 109.9 | 10.3 | Jan 14, 2025 | J-GAAP |
| Dec - Feb, 2024 | 33,353 | 2,700 | 3,330 | 2,919 | 92.4 | 8.1 | Apr 9, 2025 | J-GAAP |
| Mar - May, 2025 | 31,296 | 3,438 | 3,918 | 3,531 | 111.8 | 11.0 | Jul 9, 2025 | J-GAAP |
| Jun - Aug, 2025 | 37,357 | 5,865 | 6,251 | 6,659 | 210.7 | 15.7 | Oct 10, 2025 | J-GAAP |
| Sep - Nov, 2025 | 34,103 | 3,376 | 4,154 | 3,120 | 98.7 | 9.9 | Jan 9, 2026 | J-GAAP |
| YoY | +10.7% | +6.1% | +25.3% | -10.1% | -10.1% |
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