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FUJIKURA COMPOSITES, Oct-Dec (3Q) Ordinary Profit Decreases by 32%, Current Fiscal Year Dividend Revised Upward by 10 Yen
5121 FUJIKURA COMPOSITES Inc. 【J-GAAP】
Earnings ReportFUJIKURA COMPOSITES Inc. <5121> [TSE Prime] announced its financial results after the market closed on February 13th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) was 3.79 billion yen, a 0.9% decrease compared to the same period last year. Progress toward the full-year plan of 5.20 billion yen was 72.9%, also falling below the five-year average of 75.6%.
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 January to March period (4Q) is expected to grow 15.1% from the same period last year, reaching 1.40 billion yen.
At the same time, the company has increased its planned annual dividend for the current fiscal year from the original plan of 66 yen to 76 yen (compared to 64 yen in the previous period).
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 0.90 billion yen, a 31.6% decrease compared to the same period last year. The operating profit margin significantly dropped from 13.3% in the same period last year to 9.2%.
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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 |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 29,338 | 3,211 | 3,381 | 2,938 | 126.9 | 86.7 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 29,866 | 3,608 | 3,828 | 3,064 | 155.1 | 75.8 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 29,871 | 3,570 | 3,793 | 2,785 | 145.4 | 72.9 | Feb 13, 2026 | J-GAAP |
| YoY | +0.0% | -1.1% | -0.9% | -9.1% | -6.3% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Prev | 20,470 | 2,316 | 2,308 | 1,601 | 84.2 | 33 | Nov 10, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 20,470 | 2,316 | 2,308 | 1,601 | 84.2 | 43 | Feb 13, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 40,700 | 5,000 | 5,200 | 3,800 | 199.8 | 66 | May 12, 2025 | J-GAAP |
| Mar, 2026 New | 40,700 | 5,000 | 5,200 | 3,800 | 199.8 | 76 | Feb 13, 2026 | J-GAAP |
| Revision Rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 21,658 | 2,557 | 2,540 | 1,748 | 89.1 | 32 | May 12, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 20,470 | 2,316 | 2,308 | 1,601 | 84.2 | 43 | Feb 13, 2026 | J-GAAP |
| YoY | -5.5% | -9.4% | -9.1% | -8.4% | -5.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 37,785 | 3,624 | 3,898 | 3,252 | 140.5 | 70 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 41,325 | 4,807 | 5,050 | 3,888 | 198.2 | 64 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 40,700 | 5,000 | 5,200 | 3,800 | 199.8 | 76 | Feb 13, 2026 | J-GAAP |
| YoY | -1.5% | +4.0% | +3.0% | -2.3% | +0.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 10,199 | 1,358 | 1,318 | 924 | 46.8 | 13.3 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 11,459 | 1,199 | 1,222 | 824 | 42.0 | 10.5 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 10,365 | 1,507 | 1,663 | 1,226 | 64.0 | 14.5 | Aug 8, 2025 | J-GAAP |
| Jul - Sep, 2025 | 9,865 | 1,177 | 1,229 | 973 | 50.8 | 11.9 | Nov 10, 2025 | J-GAAP |
| Oct - Dec, 2025 | 9,641 | 886 | 901 | 586 | 30.6 | 9.2 | Feb 13, 2026 | J-GAAP |
| YoY | -5.5% | -34.8% | -31.6% | -36.6% | -34.6% |
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