For the fiscal year ending September 2026, net sales have been downwardly revised by 36.5% from the previous forecast to 82,876 million yen, operating income by 23.8% to 23,157 million yen, and net income attributable to owners of parent by 26.1% to 15,513 million yen. The annual dividend has also been reduced to 92.70 yen.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"7148","jir_company_name":"FPG Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/7148-20260326-01.pdf","jir_short_summary":"For the fiscal year ending September 2026, net sales have been downwardly revised by 36.5% from the previous forecast to 82,876 million yen, operating income by 23.8% to 23,157 million yen, and net income attributable to owners of parent by 26.1% to 15,513 million yen. The annual dividend has also been reduced to 92.70 yen.","jir_summary":"### Regarding Revision of Earnings Forecast\nThe consolidated full-year earnings forecast for the fiscal year ending September 2026 has been downwardly revised to net sales of 82,876 million yen (previous forecast: 130,500 million yen), operating income of 23,157 million yen (previous forecast: 30,400 million yen), ordinary income of 22,860 million yen (previous forecast: 30,600 million yen), and net income attributable to owners of parent of 15,513 million yen (previous forecast: 21,000 million yen). The main factor is a decline in sales due to a temporary suspension of new sales and special cancellation measures implemented in the domestic real estate fund business following the Tax Reform Outline for Fiscal Year 2026. Meanwhile, the lease fund business continues to perform steadily, exceeding previous forecasts.\n\n### Regarding Revision of Dividend Forecast\nIn line with the downward revision of earnings forecast, the annual dividend forecast for the fiscal year ending September 2026 has been revised to 92.70 yen per share (46.35 yen interim dividend and 46.35 yen year-end dividend). The dividend payout ratio target is approximately 50.0% on a consolidated basis. The policy is to continue stable dividends while securing necessary internal reserves to support sustainable growth and increase corporate value.","jir_financial_highlights":"Net Sales: 82,876 million yen (36.5% decrease from previous forecast)\nOperating Income: 23,157 million yen (23.8% decrease from previous forecast)\nOrdinary Income: 22,860 million yen (25.3% decrease from previous forecast)\nNet Income Attributable to Owners of Parent: 15,513 million yen (26.1% decrease from previous forecast)\nNet Income Per Share: 185.27 yen (decrease from previous forecast)\nDividend (Annual): 92.70 yen (decrease from previous forecast)","jir_category":"","jir_hashtags":"#FPG_Inc, #EarningsForecastRevision, #JapaneseStocks","jir_key_figures":"Net Sales: 82,876 million yen (36.5% decrease from previous forecast)\nOperating Income: 23,157 million yen (23.8% decrease from previous forecast)\nAnnual Dividend: 92.70 yen (reduced from 125.40 yen in previous forecast)","jir_meta_title":"FPG Inc. Revises Fiscal Year Ending September 2026 Earnings Forecast to 82,876 Million Yen in Net Sales, Down 36.5%","jir_meta_description":"FPG Inc. has downwardly revised its earnings forecast for the fiscal year ending September 2026 to net sales of 82,876 million yen and operating income of 23,157 million yen, and cut the annual dividend to 92.70 yen. The main cause is the impact of tax reform.","jir_og_title":"FPG Inc. Revises Earnings and Dividend Forecasts for Fiscal Year Ending September 2026","jir_og_description":"FPG Inc. has significantly lowered its earnings forecast for the fiscal year ending September 2026 and reduced dividend forecasts. The main reason is reduced sales due to tax reform.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Fiscal Year Ending September 2026 Earnings Forecast (Previous vs Revised)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Net Sales\\\",\\\"Operating Income\\\",\\\"Ordinary Income\\\",\\\"Net Income Attributable to Owners of Parent\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Previous Forecast\\\",\\\"data\\\":[130500,30400,30600,21000],\\\"backgroundColor\\\":\\\"rgba(54, 162, 235, 0.7)\\\"},{\\\"label\\\":\\\"Revised Forecast\\\",\\\"data\\\":[82876,23157,22860,15513],\\\"backgroundColor\\\":\\\"rgba(255, 99, 132, 0.7)\\\"}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"position\\\":\\\"top\\\"}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Fiscal Year Ending September 2026 Net Sales by Segment (Previous vs Revised Forecast)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Lease Fund Business\\\",\\\"Domestic Real Estate Fund Business\\\",\\\"Overseas Real Estate Fund Business\\\",\\\"Other Businesses\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Previous Forecast\\\",\\\"data\\\":[28000,100000,2000,500],\\\"backgroundColor\\\":\\\"rgba(54, 162, 235, 0.7)\\\"},{\\\"label\\\":\\\"Revised Forecast\\\",\\\"data\\\":[28501,52589,1260,525],\\\"backgroundColor\\\":\\\"rgba(255, 99, 132, 0.7)\\\"}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"position\\\":\\\"top\\\"}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"profit_margin_analysis\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Fiscal Year Ending September 2026 Gross Profit by Segment (Previous vs Revised Forecast)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Lease Fund Business\\\",\\\"Domestic Real Estate Fund Business\\\",\\\"Overseas Real Estate Fund Business\\\",\\\"Other Businesses\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Previous Forecast\\\",\\\"data\\\":[23900,16000,1700,0],\\\"backgroundColor\\\":\\\"rgba(54, 162, 235, 0.7)\\\"},{\\\"label\\\":\\\"Revised Forecast\\\",\\\"data\\\":[24620,8829,1114,-256],\\\"backgroundColor\\\":\\\"rgba(255, 99, 132, 0.7)\\\"}]},\\\"options\\\":{\\\"responsive\\\":true,\\\"plugins\\\":{\\\"legend\\\":{\\\"position\\\":\\\"top\\\"}},\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}]","ir_related_company":9056,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"earnings_guidance","footnotes":""},"sector":[],"importance":[],"class_list":["post-37064","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n