Fujitec (6406) Q1 2026 earnings summary

Executive summary

• Orders, net sales, and operating income reached all-time Q1 highs, with strong performance in Japan, South Asia, and the Americas & Europe.

• Operating margin improved to 7.7%, up 0.6 percentage points year-over-year.

• Profit attributable to owners declined 0.9% to ¥3.86 billion; comprehensive income dropped to a loss of ¥1.34 billion due to foreign currency translation losses.

• Progress made on the "Move On 5" mid-term business plan, including product launches and operational initiatives.

• Board resolved to support a tender offer by Bospolder 1 K.K., potentially leading to delisting.

Financial highlights

• Orders received: ¥72.9 billion, up 18.5% year-over-year; order backlog rose 11.1%.

• Net sales: ¥56.7 billion, up 1.0% year-over-year; operating income: ¥4.34 billion, up 9.4%.

• Ordinary income: ¥4.92 billion, down 8.5% year-over-year due to foreign exchange losses.

• Profit attributable to owners: ¥3.86 billion, down 0.9% year-over-year; EPS: ¥49.49.

• Gross profit increased to ¥13.95 billion from ¥12.61 billion year-over-year.

Outlook and guidance

• Full-year FY2025 guidance maintained: net sales ¥244 billion (+1.1%), operating income ¥22.9 billion (+41.6%), ordinary income ¥23.8 billion (+26.1%), profit attributable to owners ¥17 billion (+17.1%), EPS ¥217.82.

• No revision to dividend forecast; interim and year-end dividends for FY2026 are currently forecast at ¥0.