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Furukawa Electric lifts operating-profit forecast by ¥13bn on data-center optical demand

Furukawa Electric lifted its operating-profit forecast for the year to March 2027 to ¥136bn from ¥123bn, saying data-center demand is driving optical solutions sales, while the first-half optical segment earned ¥23.6bn.

Bundles of optical fiber cable on a drum in front of rows of data-center server racks

Furukawa Electric raised its full-year operating-profit forecast for the year to March 2027 to ¥136bn from ¥123bn, an increase of ¥13bn, in a notice published on 9 November. The company credits data-center demand for optical products.

The revision also lifts other headline forecasts. Net sales are now expected at ¥1.57tn, up from ¥1.53tn, while ordinary profit is expected at ¥155bn, up from ¥143bn. Net profit attributable to owners of the parent is expected at ¥118bn, up from ¥105bn. The table below sets out the previous and revised figures against the prior-year actuals.

The interim results released the same day show the optical solutions segment earned ¥23.6bn in the first half.

Several caveats apply. The forecast notice does not split the ¥13bn operating-profit increase by segment. The interim results are outside auditor or audit-firm review, according to the interim report. Interim net profit includes a gain on sale of investment securities, mainly policy-held shares. Per-share figures are adjusted for the 10-for-1 share split effective 1 July 2026.

Full-year forecast revision, year to March 2027
Forecast figures are the company's own; per-share figures are adjusted for the 10-for-1 split effective 1 July 2026. Prior-year column is the year to March 2026 actual.
ItemPrevious forecastRevised forecastChangePrior-year actual
Net sales¥1.53tn¥1.57tn+¥40bn (2.6%)¥1.308tn
Operating profit¥123bn¥136bn+¥13bn (10.6%)¥63.9bn
Ordinary profit¥143bn¥155bn+¥12bn (8.4%)¥75.9bn
Net profit to parent owners¥105bn¥118bn+¥13bn (12.4%)¥72.5bn
Net income per share¥149.25¥167.71n/a¥103.02