Fujita Engineering Co (1770) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 FY2026 was ¥5,331 million, a 30.4% decrease year-over-year.

• Operating income dropped 69.6% to ¥246 million, and net income attributable to shareholders fell 71.3% to ¥174 million compared to the same quarter last year.

• The construction segment saw significant declines in both orders and sales, while maintenance business grew and equipment sales remained stable.

Financial highlights

• Gross profit for Q1 FY2026 was ¥897 million, down from ¥1,438 million year-over-year.

• Total assets at quarter-end were ¥27,580 million, down ¥2,713 million from the previous fiscal year-end.

• Equity ratio improved to 68.6% from 62.7% at the previous year-end.

• EPS for the quarter was ¥19.01, down from ¥66.34 year-over-year.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥31,000 million, with operating income projected at ¥2,400 million and net income at ¥1,600 million.

• No revisions to previously announced guidance.