Furuno Electric Co., Ltd. · TSE:6814
Furuno Electric — Q1 FY2026 Earnings Presentation
24 slides from Furuno Electric's earnings presentation, Jul 10, 2026
Slide 1: Financial Result Briefing Materials
1st Quarter of Fiscal Year 2026 (Ending February 28, 2027) Financial Result Briefing Materials July 10, 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 forecast
Slide 2: Summary of 1st Quarter of FY2026
Summary of 1st Quarter of FY2026 ◆Net Sales: Increase ➢ In Marine business, sales mainly across the Chinese market still increasing ➢ In Industrial business segment, sales of ITS, GNSS, and Defense equipment are growing ◆Operating Profit: Increase ➢ Significant increase in gross profit with sales gr
Slide 3: Consolidated Income Statement
Consolidated Income Statement Strong demand in Marine business, sales increase in Industrial business, mainly Defense equipment. Increase in SG&A with investments in HR and growth offset by gross profit increase. FY2025 FY2026 Year-over-Year Year-over-Year (Unit: Millions of yen) 1st Quarter 1st Qua
Slide 4: Variation Analysis of Net Sales
Variation Analysis of Net Sales In Marine business, sales mainly across the Chinese market still increasing. In Industrial Business, sales of ITS, GNSS, and Defense equipment expanded. 45 (Unit: Billions of Yen) Industrial Other Business Business -0.0 40 +1.6 Other Maintenance Regions Services Asia
Slide 5: Variation Analysis of Gross Profit
Variation Analysis of Gross Profit Higher profit for Marine Business with increased sales and weaker yen, despite change in product mix, etc. In Industrial business, higher sales of ITS, GNSS, and Defense equipment contributed. 20 (Unit: Billions of Yen) Others +0.2 15 Healthcare Wireless ITS, GNSS
Slide 6: Variation Analysis of Operating Profit
Variation Analysis of Operating Profit Increase in profit despite increase in SG&A with investments in HR for growth areas such as strengthening service infrastructure,, offset by sales growth across all business 7 (Unit: Billions of Yen) 6 Others Wireless Personnel Gross Profit Other Industrial LAN
Slide 7: Overview of Marine Business
Overview of Marine Business “B” stands for Billion Marine Business Consolidated Sales (by Region) Marine Business (Unit: Billions of Yen) Net Sales 32.6B yen (+18.0% year-over-year) Japan ■Japan ■AmericasAmericas ■Europe ■AsiaEurope ■Other Segment Profit 5.7B yen (+1.8B yen) ⚫ Strong demand for merc
Slide 8: Overview of Industrial Business
Overview of Industrial Business “B” stands for Billion Industrial Business Consolidated Sales (by Product) Industrial Business (Unit: Billions of Yen) Net Sales 4.6B yen (+51.8% year-over-year) ■ITS, GNSS ■Healthcare Segment Profit 0.3B yen (+0.3B yen) 6 ■Defense Equipment ■Wireless LAN Systems ⚫ St
Slide 9: Appendix: Consolidated Balance Sheet
Appendix: Consolidated Balance Sheet (Unit: Millions of yen) FY2025 1st Quarter FY2026 Current assets 102,496 103,652 (Cash and deposits) (24,283) (20,399) (Inventories) (45,056) (47,000) Fixed assets 38,868 39,304 (Tangible fixed assets) (17,957) (18,086) (Intangible fixed assets) (6,644) (6,562) (
Slide 10: Appendix: Trends in Financial Condition
Appendix: Trends in Financial Condition (Millions of yen) FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 Net Sales 78,674 79,050 82,108 83,066 82,255 84,783 91,325 114,850 126,953 140,616 Operating Profit 1,534 1,992 4,771 2,411 3,740 2,532 1,523 6,521 13,181 16,246 OP Margin
Slide 11: Appendix: Trends in Financial Condition
Appendix: Trends in Financial Condition (Million Net Sales OP Margin ROE ROIC of yens) 160,000 16% 25% 20% 120,000 12% 15% 80,000 8% 10% 40,000 4% 5% 0 0% 0% FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 Equity Ratio (Yens) EPS Dividend per Share
Slide 12: Topics
Topics FURUNO ELECTRIC CO., LTD. All Rights Reserved. 12
Slide 13: Certified as KENKO Investment for Health stock
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 14: MoU signed with Icom to launch Radio and Radar collaboration
Topics MoU signed with Icom to launch Radio and Radar collaboration FURUNO and Icom Incorporated signed a Memorandum of Understanding (MoU) on May 13, 2026, regarding the commencement of collaboration in the fields of radio communication equipment and radar. The purpose of this MoU is to facilitate
Slide 15: Blue Carbon Creation collaboration with Asahi Tanker
Topics Asahi Tanker Co., Ltd. and the Yamaguchi Prefecture Fisheries Cooperative Association have begun collaborating to promote “Blue Carbon Creation” Promoting the visualization of the marine environment through the use of ultrasound technology FURUNO has recently launched a partnership with Asahi
Slide 16: Four demonstration vessels certified as autonomous ships in MEGURI2040
Topics Four demonstration vessels obtain Japanese government certification as autonomous ships in MEGURI2040 Stage 2 FURUNO announced that, in Stage 2 of the Fully Autonomous Ship Project “MEGURI2040”, promoted by The Nippon Foundation, all four demonstration vessels passed ship inspections conducte
Slide 17: Llamarine maritime large language model research
Topics Research findings on “Llamarine,” an open-source large language model specialized for the maritime industry, were presented at the “Japan Society of Naval Architecture and Ocean Engineering Autumn Conference” [DX] New AI Platform Supporting Digital Transformation in the Maritime Industry Unve
Slide 18: Launch of Global Ocean Forecast Data Service
Topics Launch of a High-Precision “Global Ocean Forecast Data Service” on a Global Scale [DX] High-Precision Predictions of Past and Future Ocean Changes Based on Oceanographic Data FURUNO has officially launched a global ocean condition forecasting data service based on its proprietary ocean condit
Slide 19: Participation in Japan Leaders Expo 2026
Topics FURUNO participated in “Japan Leaders Expo 2026,” an IR event for overseas institutional investors hosted by UBS Securities FURUNO participated in “Japan Leaders Expo 2026,” an investor relations event for overseas institutional investors organized by UBS Securities Japan Ltd., held on Februa
Slide 20: FURUNO's Business Outline
FURUNO’s Business Outline FURUNO ELECTRIC CO., LTD. All Rights Reserved. 20
Slide 21: 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 22: Appendix: FURUNO's Business Domains
Appendix: FURUNO’s Business Domains FURUNO ELECTRIC CO., LTD. All Rights Reserved. 22
Slide 23: 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 24: 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