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.
October 3, 2025 Company Name: FURUNO ELECTRIC CO., LTD.
Representative: Yukio Furuno, President and CEO (Code: 6814 Tokyo Stock Exchange Prime Market)
Contact: Yutaka Wada, Director, Managing Executive Officer, and CFO
(Telephone: ＋81-7-9863-1017)
Notice Concerning Revisions to the Consolidated Financial Results Forecasts for the Second QuarterFURUNO ELECTRIC CO., LTD. (hereinafter "the Company") hereby announces that in light of the most recent operating trends, has made a decision to revise the consolidated financial results forecasts for the second quarter of the fiscal year ending February 28, 2026, disclosed on April 9, 2025, as outlined below.
Net sales | Operating profit | Ordinary profit | Profit attributable to owners of parent | Consolidated earnings per share | |
Previous forecast (A) | (¥ million) 64,500 | (¥ million) 6,500 | (¥ million) 7,000 | (¥ million) 5,000 | (¥) 158.24 |
Revised forecast (B) | 68,600 | 9,300 | 10,100 | 10,100 | 319.61 |
Change (B-A) | 4,100 | 2,800 | 3,100 | 5,100 | - |
Change (%) | 6.4 | 43.1 | 44.3 | 102.0 | - |
(Ref.) Consolidated results for the previous second quarter of the fiscal year (ended February 28, 2025) | 62,801 | 7,299 | 7,514 | 5,067 | 160.42 |
Revisions to the consolidated financial results forecast for the second quarter of the fiscal year ending February 28, 2026 (March 1, 2025 through August 31, 2025)
Reasons for revision
The consolidated financial results for the second quarter of the fiscal year ending February 2026 are expected to exceed the previous forecast, primarily due to strong performance in the marine business.
In the merchant vessel market, Chinese shipbuilders have been expanding their construction capacity in response to a high level of outstanding orders. This has led to an overall acceleration in delivery schedules, resulting in increased sales of our products.
In the pleasure boat market, sales of our strategic products launched during the current fiscal year have been favorable. Additionally, front-loaded demand driven by the U.S. tariff hike policy announced in April contributed to stronger-than-expected performance.
Furthermore, tax expenses for the interim period are expected to decrease due to the application of the tax incentive program for wage increases and the impact of tax-effect accounting adjustments.
As a result of these factors, net sales, operating income, ordinary profit, and profit attributable to owners of parent are all projected to exceed the previous forecast. Accordingly, we have revised our consolidated financial forecast for the second quarter of the fiscal year ending February 2026 as stated above.
Please note that the full year consolidated financial results forecast and dividend forecast are currently under review and will be announced together with the consolidated financial results for the second quarter, scheduled for release on October 10, 2025.
Note:
The forecasts presented above are forward-looking statements based on information available to the Company's management at the time of disclosure. These statements involve potential risks and uncertainties, and actual results may differ materially from the forecasts due to various factors. We kindly ask for your understanding in this regard.
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