Furuno Electric Co., Ltd. (TSE Prime: 6814) on Oct. 6 raised its consolidated forecast for the first half of the fiscal year ending February 2027, lifting operating profit 28.0% to ¥12.8 billion from ¥10.0 billion and net profit attributable to owners of the parent 23.8% to ¥9.9 billion from ¥8.0 billion.
The company now expects net sales of ¥79.9 billion for the six months from March 1 to Aug. 31, 2026, up 5.1% from the ¥76.0 billion forecast it issued on April 9. Ordinary profit is projected at ¥13.7 billion, up 37.0% from ¥10.0 billion, and earnings per share at ¥313.19 versus ¥253.09 previously.
| Item (¥ million) | Previous forecast | New forecast | Change | Prior-year H1 actual |
|---|---|---|---|---|
| Net sales | 76,000 | 79,900 | +5.1% | 68,653 |
| Operating profit | 10,000 | 12,800 | +28.0% | 9,303 |
| Ordinary profit | 10,000 | 13,700 | +37.0% | 10,169 |
| Net profit attributable to owners of parent | 8,000 | 9,900 | +23.8% | 10,190 |
| EPS (¥) | 253.09 | 313.19 | - | 322.48 |
Furuno said exchange rates moved broadly in line with its assumptions, while sales to the merchant ship market in its marine business exceeded expectations. In that market, Chinese shipbuilders expanded construction capacity on the back of high order backlogs, bringing ship construction schedules forward and pushing sales of Furuno's products ahead of its initial plan.
On the profit side, higher sales, an improved product mix and the price optimization efforts the company has pursued lifted its gross profit margin above its assumption.
Furuno said its full-year consolidated forecast and dividend forecast are under review and will be announced together with its first-half earnings report (kessan tanshin) for the fiscal year ending February 2027, scheduled for release on Oct. 9, 2026.
| Hikari Tsushin, Inc. | |
| Offer price | ¥1,000 per common share |
| M&A / TOB | 1 |
| Guidance | 0 |
| Buybacks | 0 |
| Dividends | 0 |
| Capital | 0 |
| Earnings | 0 |
| People | 0 |
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