Furuno Electric Co., Ltd. · TSE:6814
Furuno Electric — Q2 FY2025 Earnings Presentation
27 slides from Furuno Electric's earnings presentation, Oct 10, 2025
Slide 1: Financial Result Briefing Materials
2nd Quarter of Fiscal Year 2025 (Ending February 28, 2026) Financial Result Briefing Materials October 10, 2025 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 forec
Slide 2: Summary of 2nd Quarter of FY2025
Summary of 2nd Quarter of FY2025 ◆Net Sales: Increase ➢Sales increase in Marine business ⚫ Continuous strong demand for merchant vessels in newbuilds and retrofits ⚫ Strong sales of strategic product launched for Pleasure boats, further boosted by last-minute demand driven by heightened U.S. tariffs
Slide 3: Consolidated Income Statement
Consolidated Income Statement Record-high first half with sales growth driven by Marine Business. Significant increase in Net Profit with temporary reduction in tax rate due to deferred tax. FY2024 FY2025 Year-over-Year Year-over-Year (Unit: Millions of yen) 2nd Quarter 2nd Quarter (amount) (percent
Slide 4: Variation Analysis of Net Sales
Variation Analysis of Net Sales Strong sales for newbuild and retrofit for merchant vessels, and sales increase for maintenance services. Sales increase in the Americas with strategic product launched this FY for Pleasure boats. 720 (Unit: 100 Millions of Yen) Other Business -0.1 Americas Industrial
Slide 5: Variation Analysis of Gross Profit
Variation Analysis of Gross Profit Profit increase in Marine business with sales increase and product mix. Strong sales for ITS, GNSS, but profit decrease with sales decrease in Healthcare and Defense Equipment. 320 Wireless (Unit: 100 Millions of Yen) LAN Systems -1.4 Foreign Healthcare Defense ITS
Slide 6: Variation Analysis of Operating Profit
Variation Analysis of Operating Profit Investments in future growth initiatives such as Human Resources and DX. Profit increase with significant increase in gross profit for Marine business, despite increase in SG&A expenses. 120 (Unit: 100 Millions of Yen) Industrial Wireless Others Business LAN 90
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 600 100M yen (+11.4% year-over-year) 日本 ■Americas ■Japan 米州 欧州 ■Europeアジア その他 ■Asia ■Other Segment Profit 95.2 100M yen (+25.9 100M yen) 600
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 70 100M yen (+0.1% year-over-year) 100 ■ITS, GNSS ■Healthcare ■Defense Equipment ■Wireless LAN Systems Segment Profit 1.9 100M y
Slide 9: Appendix: Consolidated Balance Sheet
Appendix: Consolidated Balance Sheet (Unit: Millions of yen) FY2024 2nd Quarter FY2025 Current assets 91,605 93,211 (Cash and deposits) (16,113) (17,339) (Inventories) (43,573) (43,354) Fixed assets 31,913 34,106 (Tangible fixed assets) (16,611) (16,657) (Intangible fixed assets) (6,087) (6,121) (In
Slide 10: Forecast for FY 2025: Upward Revision
Forecast for FY 2025: Upward Revision Sales in Marine Business centered on newbuilds in China expected to exceed initial projections. FURUNO will aim to achieve record-high results for Sales and Profit. (Unit: Millions of yen) FY 2024 FY 2025 FY 2025 Revision Result Previous Forecast Revised Forecas
Slide 11: Forecast Revision of Profit Attributable to Owners of Parent
Forecast Revision of Profit Attributable to Owners of Parent Demand outlook for Merchant vessels (newbuilds, retrofit) in Marine business raised to match first half results. Revision of foreign exchange rate assumptions. 1,400 (Unit: 100 Millions of Yen) Marine +46.4 Industrial Wireless Other 1,350
Slide 12: Forecast Revision of Profit Attributable to Owners of Parent
Forecast Revision of Profit Attributable to Owners of Parent Even with impact from carryover of unused SG&A expenses from first half, higher profit with continued robust demand environment in the Marine Business, primarily for Merchant vessels. 210 (Unit: 100 Millions of Yen) 180 1st half: Gap betwe
Slide 13: Topics
Topics FURUNO ELECTRIC CO., LTD. All Rights Reserved. 13
Slide 14: Publication of the Integrated Report 2025
Topics Publication of the Integrated Report 2025 Towards a sustainable society and further enhancement of corporate value Since 2023, FURUNO has published an Integrated Report to inform our shareholders, investors and other stakeholders about our business activities, medium-term management plan and
Slide 15: FURUNO celebrates IEEE Milestone recognition for its fish finder
Topics FURUNO celebrates IEEE Milestone recognition for its fish finder Furuno’s Fish Finder has been recognized as an IEEE Milestone by the Institute of Electrical and Electronics Engineers (IEEE), the largest technical professional organization dedicated to advancing technology for the benefit of
Slide 16: DX Certified Business Operator certification from the METI
Topics “DX Certified Business Operator” certification from the METI* About the DX Certification This program is based on the “Law Concerning the Promotion of Information Processing” and recognizes companies that are ready to take DX initiatives in line with the “Digital Governance Code” established
Slide 17: Data Management Award 2025 Advanced Technology Application Award
Topics Data Management Award 2025 “Advanced Technology Application Award” Strengthened support system using RAGs, eliminating problems of intergenerational art succession FURUNO received the “Advanced Technology Application Award” at the Data Management Awards 2025 held by the Japan Data Management
Slide 18: World's first successful remote VDR annual performance test
Topics World's first*1 successful remote VDR annual performance test [DX] Expectations for Further Spread of Testing Methods Utilizing Digital Technology Using FURUNO's “HermAce” remote monitoring and troubleshooting platform for ships, the world's first*1 remote annual performance test (VDR Remote
Slide 19: FURUNO presenting and exhibiting at WSTS
Topics FURUNO presenting and exhibiting at WSTS, North America’s Leading Timing & Sync Event (May 12th – 15th 2025) About the Workshop on Synchronization and Timing Systems (WSTS) WSTS is the North America's Premier Timing & Sync Event and brings together the leading corporate and government experts
Slide 20: FURUNO exhibiting at Wireless Japan 2025
Topics FURUNO exhibiting at Wireless Japan 2025 (May 28th – 30th 2025) About Wireless Japan This exhibition is one of the largest wireless communications trade shows in Japan, attracting visitors seeking the hottest technologies and solutions in 5G/local 5G, Wi-Fi7, IoT wireless, millimeter wave/ter
Slide 21: Certified as a Health and Productivity Management Organization (White 500)
Topics Certified for 7 consecutive years as a “Health and Productivity Management Organization (White 500)” The “Excellent Corporation for Health Management System” is a system to recognize large corporations, small and medium-sized companies, and other corporations that practice particularly excell
Slide 22: Certified as a Hyogo Kobe Women's Activity Promotion Company
Topics Certified as a “Hyogo Kobe Women's Activity Promotion Company (Mimosa Company)” About the “Hyogo Kobe Women's Activity Promotion Company (Mimosa Company)” Certification This system was jointly established by Hyogo Prefecture and Kobe City to promote the advancement of women, and certifies com
Slide 23: FURUNO's Business Outline
FURUNO’s Business Outline FURUNO ELECTRIC CO., LTD. All Rights Reserved. 23
Slide 24: 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 25: 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 26: 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 27: 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