Furukawa Electric Co., Ltd.
Notice of Revision to Full-Year Consolidated Earnings Forecast for the Fiscal Year Ending March 2027
Revised the full-year consolidated earnings forecast for the fiscal year ending March 2027. Net sales: 1,570,000 million yen; operating income: 136,000 million yen; ordinary income: 155,000 million yen; net income attributable to owners of parent: 118,000 million yen; earnings per share: 167.71 yen. Compared with the previous forecast, net sales increased by 40,000 million yen and profit items were each revised up (operating income +13,000 million yen, ordinary income +12,000 million yen, net income +13,000 million yen). The revisions are mainly due to increased demand for data center-related products and expanded sales in the optical solutions business.
Key Figures
- Net sales: 1,570,000 million yen (revised upward from previous forecast of 1,530,000 million yen)
- Operating income: 136,000 million yen (revised upward from previous forecast of 123,000 million yen)
- Net income attributable to owners of parent: 118,000 million yen (revised upward from previous forecast of 105,000 million yen)
AI要約
Overview of Forecast Revision
Furukawa Electric Co., Ltd. has revised its full-year consolidated earnings forecast for the fiscal year ending March 2027 and announced new figures. Net sales are revised to 1,570,000 million yen, operating income to 136,000 million yen, ordinary income to 155,000 million yen, net income attributable to owners of parent to 118,000 million yen, and earnings per share to 167.71 yen. All figures are expected to exceed the previous forecast, primarily due to increased demand for data center-related products and expanded sales in the optical solutions business.
Background, Future Impact and Risks
The main drivers of the upward revision are increased sales from demand growth in data center-related products and contributions from the optical solutions business. The forecasts are based on information and assumptions available at the time of the announcement, and actual results may differ due to future uncertainties. Ongoing market trends, exchange rates, raw material prices, and demand fluctuations may continue to affect performance.
Furukawa Electric Co., Ltd.
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