Furukawa reports increased net sales and profits in Q1 2025, lifts full-year forecast

Furukawa Co., Ltd. reported consolidated net sales of 48,592 million yen for the three months ended June 30, 2025, a 2.0% increase year-on-year from 47,657 million yen. Operating profit rose by 7.2% to 2,460 million yen, up from 2,296 million yen in the same period last year. Ordinary profit saw a substantial 25.1% increase, reaching 3,915 million yen, compared to 3,130 million yen previously.

Profit attributable to owners of parent increased by 6.4% to 2,403 million yen, up from 2,258 million yen. Basic earnings per share stood at 70.23 yen, an improvement from 60.72 yen in the prior year. The company's total assets decreased to 248,392 million yen as of June 30, 2025, from 257,107 million yen as of March 31, 2025, while net assets also slightly decreased to 132,452 million yen from 133,572 million yen. The equity-to-asset ratio improved to 52.2% from 50.9%.

For the fiscal year ending March 31, 2026, Furukawa has revised its forecast upward, anticipating net sales of 194,000 million yen and operating profit of 7,700 million yen. The Metals segment contributed significantly to the first-quarter sales growth, increasing by 2,467 million yen to 23,908 million yen.