Fujita Engineering Co (1770) Q3 2026 earnings summary

Executive summary

• Revenue for the nine months ended December 31, 2025, was ¥18,003 million, down 20.2% year-over-year; operating income fell 29.1% to ¥1,378 million, and net income attributable to shareholders dropped 34.8% to ¥910 million.

• The construction segment saw strong order intake but lower sales due to project timing; maintenance business grew, while electronic components and information systems declined.

• Acquisition of Gunkou Co., Ltd. was completed in May 2025, expanding the construction segment.

Financial highlights

• Gross profit for the period was ¥3,823 million, with a gross margin decline due to lower sales.

• Total assets decreased to ¥28,409 million, and net assets increased to ¥19,704 million, with an equity ratio of 69.4%.

• EPS for the period was ¥99.18, down from ¥152.33 year-over-year.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥31,000 million, with operating income of ¥2,200 million and net income of ¥1,600 million.

• No revision to previously announced guidance; management notes uncertainty due to macroeconomic and geopolitical risks.