Furukawa Electric : Notice Regarding Revision of the Full-Year Earnings and Dividend Forecast (Dividend Increase) for the Fiscal Year Ending March 31, 2026

February 9, 2026

Name of Company Furukawa Electric Co., Ltd. Name of Representative Hideya Moridaira, President

(Code: 5801 Prime Market of the Tokyo Stock Exchange)

Contact Hiroko Takita,

Corporate Vice President and General Manager of Investor Relations Dept.

(TEL +81-3-6281-8540)

In light of recent trends in its business performance and other factors, Furukawa Electric Co., Ltd. announced the revisions to consolidated results forecast and dividend forecast for the fiscal year ending March 31, 2026 announced on May 13, 2025 as follows.

1. Revision of the full-year earnings forecast

   1. Revision of the full-year earnings forecast for the fiscal year ending March 31, 2026（April 1, 2025 through March 31, 2026）

      	Net sales	Operating profit	Ordinary profit	Profit attributable to owners of parent	Profit per Share
      Previous forecasts （A)	Million yen 1,200,000	Million yen 53,000	Million yen 52,000	Million yen 36,000	Yen 510.83
      Current revision forecasts（B)	1,300,000	56,000	65,000	54,000	767.00
      Increase or decrease (B-A)	100,000	3,000	13,000	18,000	-
      Increase or decrease percentage (%)	8.3	5.7	25.0	50.0	-
      （Reference） Previous period results （Fiscal year ended March 31, 2025）	1,201,762	47,032	48,506	33,357	473.36

      (Note) In the third quarter of the fiscal year ending March 31, 2026, a determination was made on the provisional accounting treatment concerning business combination, and the details of the determined provisional accounting treatment have been reflected in the figures for the fiscal year ending March 31, 2025.

   2. Reason of the revision

      Concerning the consolidated financial results for the fiscal year ending March 31, 2026, the weaker yen

      compared to assumptions in the previous announcement provided a boost to net sales and profit in all segments. In the Automotive Products business, sales of wire harnesses were firm, and both net sales and operating profit are expected to exceed the previous forecast.

      In the Communications Solutions business, sales of data center related products increased due to the continued demand for data center investments, and operating profit is expected to exceed the previous forecast. In the Energy Infrastructure business, sales of power cables and industrial cables & power cable accessories were firm, and operating profit is expected to exceed the previous forecast. Conversely, in the Functional Products business, net sales and operating profit are expected to fall below the previous forecast due to the delayed recovery in demand for tape for semiconductor process and higher raw material costs following the soaring copper prices. As a result of these factors, consolidated net sales and operating profit are expected to exceed the previous forecast. In addition, ordinary profit is expected to exceed the previous forecast due to increased share of profit of entities accounted for using equity method and improvement in foreign exchange gains (losses), and profit attributable to owners of parent is also expected to exceed the previous forecast following the expected recognition of a gain resulting from revision of the retirement benefit plan due to rising stock prices.

      Given these factors, the full-year forecast announced on May 13, 2025 has been revised as stated above.

2. Revision of the dividend forecast

   1. Revised point of the dividend forecast

      	Dividend per share (yen)
      	End of 2ndquarter	End of year	Total
      Previous forecast	yen 0.00	yen 120.00	yen 120.00
      Current revision forecast	0.00	160.00	160.00
      Previous period results （Fiscal year ended March 31, 2025）	0.00	120.00	120.00

   2. Reason of the revision

The Company's capital allocation policy is to strike a balance among investments in growth and new business opportunity, improvement of balance sheet and shareholder returns, with management priority.

Based on this policy, as its shareholder return policy during the period of the Medium-term Management Plan "Road to the Vision 2030: Transform and Challenge" ending in FY2025, the Company will focus its investment in growth segments in order to increase corporate value through profit growth, and provide a return to shareholders in a stable and continuous manner. Specifically, the Company will make performance-linked dividend distribution, which is projected to be roughly 30% of profit attributable to owners of parent.

Concerning the year-end dividend for the fiscal year ending March 31, 2026, with consideration for the full year forecast, the company revised the dividend forecast to JPY160 per share, raised by JPY40 from the previous forecast of JPY120 per share.

(Note) The above forecast is based on the information available as of today, as well as the foreseeable uncertainties that may impact future business performance as of today. The actual financial results and dividend may differ depending on future events.

End