Fukoku Co. raised its net profit forecast for the fiscal year ending March 2027 to ¥2.8 billion from ¥2.3 billion, an increase of 21.7%.
The company also lifted its revenue forecast to ¥90.0 billion from ¥85.0 billion and its operating and ordinary profit forecasts to ¥4.0 billion each from ¥3.3 billion, according to a filing on Nov. 5, 2026. Forecast earnings per share rose to ¥196.78 from ¥161.72. The previous forecast was announced on May 15, 2026.
Fukoku cited steady sales in its functional products, anti-vibration and hose businesses, as well as the effects of productivity improvements, price optimization and the reduction of loss-making and low-margin products. It also took into account the Middle East situation and progress in passing higher raw material costs on to selling prices. The dividend forecast was unchanged.
For the first half ended Sept. 30, net sales rose 5.4% to ¥46,769 million, operating profit climbed 61.0% to ¥2,494 million and net profit attributable to owners of the parent increased 74.9% to ¥1,658 million. The metal processing segment swung to a profit of ¥92 million from a loss of ¥58 million a year earlier, while life science sales fell 18.6% to ¥438 million due to tighter regulation of regenerative medicine in China.
The interim dividend was ¥50.00 per share, up from ¥42.50 a year earlier, with a full-year forecast of ¥100.00.
Next steps: The company plans to file its semiannual securities report on Nov. 13, 2026, and to begin paying the dividend on Dec. 4, 2026.
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| Buyback cost cap | ¥1.3 trillion |
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