Furukawa Electric Raises Interim Net Profit Forecast 36.5% on Asset Sale
Furukawa Electric Co., Ltd. (TSE:5801) has revised upward its consolidated earnings forecast for the interim period ending September 30, 2026, citing accelerated timing of an investment securities sale.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 720.0bn | JPY 720.0bn | +0.0% |
| Operating Profit | JPY 49.5bn | JPY 49.5bn | +0.0% |
| Ordinary Income | JPY 60.5bn | JPY 60.5bn | +0.0% |
| 親会社株主に帰属する中間純利益 | JPY 42.5bn | JPY 58.0bn | +36.5% |
| １株当たり中間純利益 | JPY 60.41/share | JPY 82.45/share | +JPY 22.04/share |
The company plans to record an investment securities gain of approximately JPY 22.0bn from the sale of its shareholding in UACJ Corporation. Furukawa has accelerated the sale timing from the originally planned third quarter onward to the second quarter, citing favorable market conditions and stock price movements. The company cited comprehensive consideration of market environment and equity valuations in making the timing adjustment.
The revision reflects a one-time gain unrelated to core business performance. Operating profit, ordinary income (keijo rieki), and revenue remain unchanged, indicating stable underlying operational results. The company has maintained its full-year earnings guidance unchanged, confirming that the interim-period gain will not alter full-fiscal-year projections. Investors should note this uplift is attributable to a discrete capital transaction rather than improved operational performance.
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.