【Furukawa Electric】2026 Fiscal Year Earnings Forecast and Dividend Policy｜May 2026

Performance Overview

In the fiscal year ending March 2026, Furukawa Electric Co., Ltd. recorded net sales of approximately 1.3075 trillion yen, operating income of approximately 63.86 billion yen, and net income attributable to owners of the parent of approximately 72.51 billion yen, all surpassing previous estimates. Growth in sales of data center-related products, energy infrastructure, and automotive components, along with stable copper prices, contributed to a recovery in profits. Additionally, a remeasurement gain from the revision of the retirement benefit scheme due to share price increases also contributed to the rise in net income.

Impact on Shareholders and Future Outlook

Dividends are increased to 210 yen per share, with payments scheduled for June 29, 2026. As part of its capital policy, a stock split is planned, with a common stock split of 10 shares scheduled for July 1, 2026. Moving forward, the company aims to balance growth investments and shareholder returns, maintaining stable dividends targeting an approximate dividend payout ratio of 3.5% of shareholder equity from fiscal 2026 through 2030.