Furuno Electric Co., Ltd.
Update on Initiatives for Realizing Management Focused on Cost of Capital and Stock Price
Achieved 20.7% ROE, JPY 140,616 million in net sales, and JPY 16,246 million in operating income for the fiscal year ending February 2026. The medium-term management plan from 2027 to 2029 targets net sales of JPY 150 billion, over 10% operating profit margin, and ROE/ROIC above 10%.
Key Figures
- Net Sales: JPY 140,616 million (Fiscal Year Ending February 2026)
- ROE: 20.7% (Fiscal Year Ending February 2026)
- Dividend (per share): JPY 160 (Fiscal Year Ending February 2026)
AI要約
Current Situation and Performance Trends
Furuno Electric Co., Ltd. achieved significant improvements in capital efficiency in the fiscal year ending February 2026, with a ROE of 20.7%, PBR of 2.8x, and PER of 15.0x. Net sales reached JPY 140,616 million, operating income was JPY 16,246 million, and net income attributable to owners of parent amounted to JPY 16,735 million, all showing increasing trends. Dividends were JPY 160 per share, with a payout ratio around 30%. These results are attributed to measures aimed at enhancing profitability.
Medium-Term Management Plan and Future Initiatives
A new medium-term management plan covering the three years from the fiscal year ending February 2027 to 2029 has been formulated, targeting net sales of JPY 150 billion, operating profit margin above 10%, and ROE/ROIC above 10%. The plan focuses on strengthening the earnings base, expanding sales scale, and promoting sustainable management, while implementing proactive growth investments and improving capital efficiency. Strategic investments will especially target autonomous navigation technologies, digital transformation (DX), and service businesses. Efforts will also include optimizing working capital and flexible utilization of share buybacks. IR activities will be enhanced to engage with investors and strive to improve corporate value.
