F.C.C. Co., Ltd. Raises FY2027 Guidance on Strong Q1 Performance
F.C.C. Co., Ltd. (TSE:7296), a Japanese automotive clutch manufacturer, has raised its earnings and dividend forecasts for the fiscal year ending March 2027 following better-than-expected first-quarter results.
| Item | Before | After | Change |
|---|---|---|---|
| 売上収益 | JPY 131.0bn | JPY 136.0bn | +3.8% |
| Operating Profit | JPY 10.0bn | JPY 12.0bn | +20.0% |
| 税引前利益 | JPY 11.0bn | JPY 13.0bn | +18.2% |
| 親会社の所有者に帰属する中間利益 | JPY 7.40bn | JPY 9.40bn | +27.0% |
| EPS (H1) | JPY 157.53/share | JPY 196.07/share | +24.5% |
For the full fiscal year, F.C.C. raised revenue guidance by JPY 5.0bn to JPY 265.0bn and operating profit by JPY 2.0bn to JPY 22.0bn, representing 10.0% growth. Net profit attributable to parent company shareholders was lifted JPY 2.0bn to JPY 17.0bn, with earnings per share (EPS) climbing to JPY 356.43/share from JPY 315.05/share.
The company attributed the upward revision to stronger-than-anticipated first-quarter performance, driven by increased two-wheeler clutch sales in India and four-wheeler clutch demand in North America. Favorable foreign exchange movements also contributed to the earnings beat. Management raised interim and year-end dividend forecasts by JPY 10.00/share each to JPY 90.00/share, reflecting a full-year payout of JPY 180.00/share, based on a 50% dividend payout ratio or 3.5% dividend on equity (DOE), whichever is higher.
The revision signals confidence in sustained demand across key markets and underscores management’s commitment to shareholder returns. Investors should monitor whether F.C.C. can sustain this momentum through the remainder of the fiscal year, particularly given exposure to cyclical automotive markets and currency fluctuations.
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.