Furukawa Electric Raises FY2027 Earnings Forecast on Data Center Demand
Furukawa Electric Co., Ltd. (TSE:5801) has raised its consolidated earnings guidance for the fiscal year ending March 2027, citing robust demand for data center-related products across its optical solutions and information components divisions.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 700.0bn | JPY 720.0bn | +2.9% |
| Operating Profit | JPY 35.0bn | JPY 49.5bn | +41.4% |
| Ordinary Income | JPY 37.0bn | JPY 60.5bn | +63.5% |
| 親会社株主に帰属する中間純利益 | JPY 25.0bn | JPY 42.5bn | +70.0% |
| １株当たり中間純利益 | JPY 35.54/share | JPY 60.41/share | +JPY 24.87/share |
For the full fiscal year, the company lifted revenue guidance to JPY 1,530.0bn from JPY 1,460.0bn, a 4.8% increase. Operating profit was raised to JPY 123.0bn from JPY 95.0bn (+29.5%), while ordinary income (keijo rieki)—a Japan-specific metric encompassing operating profit plus non-operating items—jumped to JPY 143.0bn from JPY 100.0bn (+43.0%). Net profit attributable to parent shareholders was revised upward to JPY 105.0bn from JPY 82.0bn (+28.0%), with earnings per share rising to JPY 149.25 from JPY 116.56.
Management attributed the upward revision to accelerating sales of data center-related products in both optical solutions and information components segments, coupled with increased equity-method investment income. The company expects this momentum to persist through the second half of the fiscal year.
The substantial upward revision—particularly the 63.5% lift in ordinary income—signals stronger-than-anticipated profitability and underscores Furukawa Electric’s exposure to the global data center infrastructure buildout. Investors should monitor whether the company sustains this trajectory amid potential supply chain or demand volatility in coming quarters.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.