Furuno Electric Co., Ltd. · TSE:6814
Furuno Electric — FY2025 Earnings Presentation
30 slides from Furuno Electric's earnings presentation, Apr 9, 2026
Slide 1: Financial Result Briefing Materials
Fiscal Year 2025 (Ending February 28, 2026) Financial Result Briefing Materials April 9, 2026 FURUNO ELECTRIC CO., LTD. Cautions: This document is a translation of the Japanese original, which is authoritative. The information listed in these materials regarding the Company’s forecasts are determine
Slide 2: Summary of FY2025
Summary of FY2025 ◆FY2025 Results: Increase in Sales and Profit ➢ Double-digit growth achieved for both Marine business and Industrial business ➢ Profit growth driven primarily by increased sales in the Marine business, while promoting growth investments such as investment in human capital ⚫ Continu
Slide 3: Consolidated Income Statement
Consolidated Income Statement Record-high results for 3 consecutive years. Profit margins improved with increase in gross profit exceeding increase of SG&A. Net income margin over 10% with deferred tax during first half. Year-over-Year Year-over-Year (Unit: Millions of yen) FY2024 FY2025 (amount) (p
Slide 4: Variation Analysis of Net Sales
Variation Analysis of Net Sales Sales growth driven by increase in newbuilds in China. Strong sales for pleasure boats in the Americas throughout the year. Growth in sales for Maintenance services and Defense equipment. 1,500 Industrial (Unit: 100 Millions of Yen) Business Other Business +16.1 -0.2
Slide 5: Variation Analysis of Gross Profit
Variation Analysis of Gross Profit Higher profit in Marine business with sales increase and changes in product mix, despite unrealized profit from inventory management strategy to capitalize on market conditions. 650 (Unit: 100 Millions of Yen) Wireless LAN Systems -1.8 600 Improved Increase in Othe
Slide 6: Variation Analysis of Operating Profit
Variation Analysis of Operating Profit Continuous strategic investments in human resources and digital transformation to support future growth. Profit growth driven primarily by Marine business. 200 (Unit: 100 Millions of Yen) Industrial Wireless Others Business LAN Gross Profit Personnel Gross Prof
Slide 7: Overview of Marine Business
Overview of Marine Business “100M” stands for 100 Million Marine Business Consolidated Sales (by Region) Marine Business (Unit: 100 Millions of Yen) Net Sales 1,211 100M yen (+11.5% year-over-year) 日本 ■Americas ■Japan 米州 欧州 ■Europeアジア その他 ■Asia ■Other Segment Profit 167.6 100M yen (+34.3 100M yen) 1
Slide 8: Overview of Industrial Business
Overview of Industrial Business “100M” stands for 100 Million Industrial Business Consolidated Sales (by Product) Industrial Business (Unit: 100 Millions of Yen) Net Sales 158 100M yen (+11.3% year-over-year) 240 ■ITS, GNSS ■Healthcare ■Defense Equipment ■Wireless LAN Systems Segment Profit 7.8 100M
Slide 9: Appendix: Consolidated Balance Sheet
Appendix: Consolidated Balance Sheet (Unit: Millions of yen) FY2024 FY2025 Current assets 91,605 102,496 (Cash and deposits) (16,113) (24,283) (Inventories) (43,573) (45,056) Fixed assets 31,913 38,868 (Tangible fixed assets) (16,611) (17,957) (Intangible fixed assets) (6,087) (6,644) (Investments a
Slide 10: Appendix: Consolidated Cash Flow Statement
Appendix: Consolidated Cash Flow Statement (Unit: Millions of yen) Fiscal Year 2024 Fiscal Year 2025 Cash Flow 10,820 21,373 from Operating Activities Cash Flow -4,588 -3,278 from Investing Activities Free Cash Flow 6,231 18,094 Cash Flow -2,696 -11,439 from Financing Activities Cash and cash equiva
Slide 11: Forecast for Fiscal Year 2026
Forecast for Fiscal Year 2026 Notice This forecast does not factor in uncertainties such as fluctuations in crude oil prices resulting from the escalating situation in the Middle East, rising raw material prices, and supply chain disruptions, as it is difficult to reasonably estimate the impact of t
Slide 12: Forecast Fiscal Year 2026
Forecast Fiscal Year 2026 Marine Business: same sales volume as last fiscal year with steady demand despite global constraints on newbuilds capacity. Industrial Business: sales increase mainly in Defense equipment. ROE expected to remain over 10% despite decrease in non-operating income and normaliz
Slide 13: Forecast FY2026: Variation Analysis of Net Sales
Forecast FY2026: Variation Analysis of Net Sales Marine business: steady sales with robust demand for merchant vessels. Industrial business: sales increase in GNSS products and Defense equipment. 1,500 (Unit: 100 Millions of Yen) Wireless Others LAN Systems +3.9 GNSS, etc. Defense +1.8 Sales Increas
Slide 14: Forecast FY2026: Variation Analysis of Profit
Forecast FY2026: Variation Analysis of Profit Gross profit increase with higher sales in Marine and Industrial businesses. Operating profit increase despite SG&A increase with investments in HR and for growth. 200 (Unit: 100 Millions of Yen) Others Wireless Defense GP Increase LAN Systems 180 Equipm
Slide 15: Forecast FY2026: Dividend of Retained Earnings
Forecast FY2026: Dividend of Retained Earnings Dividend maintained at 160 yen despite decrease in Profit attributable to owners of parent (Unit: Yen) 2nd Quarter End of Term Full Year Payout Ratio FY 2024 35 75 110 30.3% FY 2025 75 85 160 30.2% FY 2026 Forecast 80 80 160 38.9% (円) (Yen) Dividend per
Slide 16: Overview of Marine Business
Overview of Marine Business “100M” stands for 100 Million Marine Business Consolidated Sales (by Region) Marine Business (Unit: 100 Millions of Yen) Net Sales 1,268 100M yen 日本 ■Americas ■Japan 米州 欧州 ■Europeアジア その他 ■Asia ■Other Segment Profit 172.0 100M yen ⚫ Positive foreign exchange impact, especi
Slide 17: Overview of Industrial Business
Overview of Industrial Business “100M” stands for 100 Million Industrial Business Consolidated Sales (by Product) Industrial Business (Unit: 100 Millions of Yen) Net Sales 179 100M yen 250 ■ITS, GNSS ■Healthcare ■Defense Equipment ■Wireless LAN Systems Segment Profit 11.0 100M yen ⚫ Steady sales for
Slide 18: Mid-Term Management Plan
Mid-Term Management Plan Mid-Term Management Plan Fiscal years 2026 – 2028 Click the link above to view the latest Mid-Term Management Plan (review of Phase 2 Mid-Term Management Plan, overview of FY26–28 Mid-Term Management Plan, etc.) FURUNO ELECTRIC CO., LTD. All Rights Reserved. 18
Slide 19: Topics
Topics FURUNO ELECTRIC CO., LTD. All Rights Reserved. 19
Slide 20: Topics: KENKO Investment for Health certification
Topics Certified as a KENKO Investment for Health stock and for 8 consecutive years as a “Health and Productivity Management Organization (White 500)” Under its management philosophy, FURUNO promotes initiatives to enhance employee health awareness and foster a workplace environment where every empl
Slide 21: Topics: Evasive Maneuvering Support System on NYK vessel
Topics Evasive Maneuvering Support System Installed on NYK's Marine DX Vessel Aiming for safe operations and labor savings through cutting-edge digital technology FURUNO's autonomous navigation system, developed in collaboration with the Nippon Foundation's unmanned vessel project MEGURI2040, has be
Slide 22: Topics: Japan Patent Office Award for underwater detection
Topics Received the Commissioner of the Japan Patent Office Award and the Implementation Achievement Award at the 2025 Kinki Regional Invention Awards Contributing to improved fishing safety through detailed assessment of fish school size FURUNO received the Commissioner of the Japan Patent Office A
Slide 23: Topics: Blue carbon presentation at fisheries acoustic society
Topics Technical presentation on blue carbon to be delivered at the 2025 Asian Society of Aquatic Acoustics Contributing to marine environmental conservation through seaweed bed surveys utilizing Fish Finders FURUNO participated as a Gold Sponsor in the “2025 Asian Fisheries Acoustic Society” held i
Slide 24: Topics: Level 4 autonomous passenger ship operation
Topics World's first commercial operation of Level 4 autonomous driving equivalent on a passenger ship FURUNO is participating in the “MEGURI2040” unmanned vessel project promoted by The Nippon Foundation since February 2020. The project's demonstration vessel, the remote island passenger ferry “Oly
Slide 25: Topics: Sponsorship of blind sailor's Pacific crossing
Topics FURUNO supports blind sailor Mitsuhiro Iwamoto in an ambitious Pacific crossing FURUNO is proud to announce its sponsorship of the “HIRO’s CHOICE” project, supporting Mitsuhiro Iwamoto (“Hiro”), a blind Japanese sailor based in the USA, in his 2027 trans-Pacific voyage. This initiative aims t
Slide 26: FURUNO's Business Outline
FURUNO’s Business Outline FURUNO ELECTRIC CO., LTD. All Rights Reserved. 26
Slide 27: Appendix: Corporate Outline
Appendix: Corporate Outline Since commercializing the world's first Fish Finder in 1948, FURUNO has supplied many types of products for the marine electronics market. By using its exclusive knowledge of ultrasonic and electronics technologies, FURUNO has developed a wide array of products that have
Slide 28: Appendix: FURUNO's Business Fields
Appendix: FURUNO’s Business Fields Achieve better safety, security and comfort to bring about a society and sea navigation that considers the needs of people and the environment Automatic GPS/GNSS Identification Disciplined GPS/GNSS System (AIS) Oscillator Displacement Continuous Remote Monitoring S
Slide 29: Appendix: FURUNO's Marine Business
Appendix: FURUNO’s Marine Business For Merchant For Fishing Vessels Vessels Radar Sonar Fish Finder ECDIS Satellite (Electronic Chart Display Communications Current Radiotelephone and Information System) Equipment Indicator For Pleasure For Work Boats Boats Multi-Function Multi-Function Radar Radar
Slide 30: Appendix: FURUNO's Industrial Business
Appendix: FURUNO’s Industrial Business ITS・GNSS Healthcare ETC, Vehicle Clinical Chemistry ETC2.0 / ETC * Management Analyzer & Reagent Solution* GPS / GNSS Chips & Modules Ultrasound Bone Densitometer Defense Wireless LAN Equipment Systems Wireless LAN Access Point* Multi-beam Sonar Fathometer Wire