Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
August 7, 2025
Name of the listed company: Fuji Seal International, Inc. Security code: 7864 Stock exchange: Tokyo Prime URL: https://http://www.fujiseal.com
Representative: Shigeko Okazaki, President and CEO
Contact: Fumitaka Goto, IR Division Manager TEL +81-6-6350-1080 Scheduled date for initiation of dividend payments: -
Prepared supplementary presentation material: Yes Held quarterly results briefing: None
* All amounts are rounded down to the nearest million yen.
-
Consolidated Financial Results for the Three Months Ended June 30, 2025 (April 1, 2025 to June 30, 2025)
(1) Consolidated operating results (Millions of yen) (%: year on year change)
Net sales Operating profit Ordinary profit Profit attributable to
Three months ended 54,943 4.7%
6,005 34.0%
5,635
8.6%
4,334
18.5%
June 30, 2024 52,484 11.6
4,483 58.2
5,188
39.9
3,657
49.5
owners of the parent
June 30, 2025
Note: Comprehensive income Three months ended
June 30, 2025: ¥1,441 million [(81.7)%]
June 30, 2024: ¥7,873 million [135.3%]
Earnings per share (¥) Diluted EPS (¥) Three months ended
June 30, 2025
81.29
-
June 30, 2024 67.40 -
(2) Consolidated financial position
(Millions of yen)
Total assets Net assets
Equity ratio (%)
Net assets per share (¥)
As of June 30, 2025 209,271 143,625
68.6
2,697.84
As of March 31, 2025 209,822 145,269
69.2
2,707.95
Reference: Owners' equity
As of June 30, 2025: ¥143,625 million As of March 31, 2025: ¥145,269 million
-
Dividends
Cash dividends per share (¥)
Quarter-end
1st
2nd
3rd
Fiscal year ended March 31, 2025
-
30.00
-
38.00
68.00
Fiscal year-end Annual
Fiscal year ending March 31, 2026
-
Fiscal year ending March 31, 2026 (forecast)
35.00
-
36.00
71.00
Note: Revisions to the most recently disclosed dividend payment forecasts: None
-
Consolidated Financial Forecasts for the Fiscal Year Ending March 31, 2026
(from April 1, 2025 to March 31, 2026)
(Millions of yen) (%: year on year change)
Net sales Operating profit Ordinary profit Profit attributable to
owners of the parent
Basic earnings
per share (¥)
Fiscal year ending
216,000 1.7% 19,400 3.0% 19,700 7.5% 17,300 41.8% 322.49
March 31, 2026
Note: Revisions to the most recently disclosed financial forecasts: None
-
Notes
Significant changes in the scope of consolidation during the three-month period: None New: - (Company name: -) Excluded: - (Company name: -)
Application of specific accounting treatment to the preparation of quarterly consolidated financial statements: None
Changes in accounting policies, changes in accounting estimates, and restatements
Changes in accounting policies due to revisions to accounting standards, etc.: None
Changes in accounting policies other than 1.: None
Changes in accounting estimates: None
Restatements: None
Number of ordinary shares issued at the end of the period
As of June 30, 2025
60,161,956
shares
As of March 31, 2025
60,161,956
shares
As of June 30, 2025
6,924,790
shares
As of March 31, 2025
6,516,290
shares
Three months ended June 30, 2025
53,318,911
shares
Three months ended June 30, 2024
54,259,570
shares
Number of shares issued at the end of the period (including treasury shares)
Number of treasury shares at the end of the period
Average number of shares during the period (for the three-month period)
Note: The number of treasury shares at the end of the period includes shares of the Company held by a saving-type employee stock ownership plan (ESOP) trust account (hereinafter, "the trust account"). In addition, shares of the Company held by the trust account are included in the treasury shares excluded from the calculation of the average number of shares during the period.
* Review of the attached quarterly consolidated financial statements by a certified public accountant or an audit firm: Yes (voluntary)
- Quarterly Consolidated Financial Statements
-
Quarterly Consolidated Balance Sheets
(Millions of yen)
As of March 31, 2025 As of June 30, 2025
Assets
Current assets
Cash and deposits
34,394
32,648
Notes and accounts receivable - trade
52,849
52,911
Electronically recorded monetary claims - operating
12,583
13,487
Merchandise and finished goods
11,184
11,536
Work in process
6,699
6,829
Raw materials and supplies
9,739
9,772
Other
5,860
5,178
Allowance for doubtful accounts
(236)
(155)
Total current assets
133,075
132,209
Non-current assets
Property, plant and equipment
Buildings and structures, net
26,365
25,363
Machinery, equipment and vehicles, net
20,782
20,111
Tools, furniture and fixtures, net
2,400
2,517
Land
8,991
8,958
Leased assets, net
288
288
Construction in progress
5,328
7,089
Other, net
940
877
Total property, plant and equipment
65,097
65,207
Intangible assets
Goodwill
871
852
Other
1,316
1,226
Total intangible assets
2,187
2,078
Investments and other assets
Investment securities
3,530
3,487
Deferred tax assets
2,499
2,958
Other
3,520
3,413
Allowance for doubtful accounts
(88)
(84)
Total investments and other assets
9,462
9,775
Total non-current assets
76,747
77,061
Total assets
209,822
209,271
(Millions of yen)
As of March 31, 2025 As of June 30, 2025
Liabilities
Current liabilities
Notes and accounts payable - trade
15,811
17,432
Electronically recorded obligations - operating
11,565
13,352
Short-term borrowings
6,000
4,000
Current portion of long-term borrowings
751
722
Lease liabilities
72
78
Accounts payable - other
4,644
3,761
Income taxes payable
1,801
2,195
Provision for bonuses
2,598
3,034
Other
12,976
12,913
Total current liabilities
56,220
57,491
Non-current liabilities
Long-term borrowings
2,781
2,665
Lease liabilities
135
132
Deferred tax liabilities
1,284
1,217
Retirement benefit liability
2,751
2,781
Other
1,379
1,357
Total non-current liabilities
8,332
8,154
Total liabilities
64,553
65,645
Net assets
Shareholders' equity
Share capital
5,990
5,990
Capital surplus
6,625
6,625
Retained earnings
119,188
121,468
Treasury shares
(11,230)
(12,261)
Total shareholders' equity
120,574
121,822
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
1,006
972
Deferred gains or losses on hedges
0
0
Foreign currency translation adjustment
23,423
20,567
Remeasurements of defined benefit plans
265
262
Total accumulated other comprehensive income
24,695
21,802
Total net assets
145,269
143,625
Total liabilities and net assets
209,822
209,271
- Quarterly Consolidated Statements of Income and Consolidated Statements of Comprehensive Income Quarterly Consolidated Statements of Income
(Millions of yen)
Three months ended June 30, 2024
Three months ended June 30, 2025
Net sales | 52,484 | 54,943 |
Cost of sales | 42,000 | 42,336 |
Gross profit | 10,484 | 12,606 |
Selling, general and administrative expenses | 6,000 | 6,600 |
Operating profit | 4,483 | 6,005 |
Non-operating income | ||
Interest income | 53 | 72 |
Dividend income | 54 | 56 |
Foreign exchange gains | 638 | - |
Other | 38 | 47 |
Total non-operating income | 785 | 176 |
Non-operating expenses | ||
Interest expenses | 47 | 64 |
Foreign exchange losses | - | 459 |
Depreciation of inactive non-current assets | 28 | 20 |
Other | 3 | 2 |
Total non-operating expenses | 80 | 547 |
Ordinary profit | 5,188 | 5,635 |
Extraordinary income | ||
Gain on sale of non-current assets | 6 | 0 |
Total extraordinary income | 6 | 0 |
Extraordinary losses | ||
Loss on sale and retirement of non-current assets | 43 | 9 |
Expense on restructuring of organization | - | 24 |
Total extraordinary losses | 43 | 33 |
Profit before income taxes | 5,151 | 5,603 |
Income taxes - current | 1,633 | 1,786 |
Income taxes - deferred | (139) | (517) |
Total income taxes | 1,494 | 1,268 |
Profit | 3,657 | 4,334 |
Profit attributable to owners of parent | 3,657 | 4,334 |
