FINWIRES · TerminalLIVE
FINWIRES

Fuji Electric's Profit Rises 89% in Fiscal Q1

By

Fuji Electric's (TYO:6504) posted an 89% year-over-year increase in profit attributable to owners of the parent to 20.7 billion yen for the three months ended June 30 from 10.9 billion yen.

The electrical equipment company's basic earnings per share increased to 141.09 yen from 74.16 yen a year ago, according to a Tokyo Stock Exchange filing on Thursday.

Net sales jumped 10.2% to 273.3 billion yen from 247.92 billion yen in the year-ago period.

In a separate filing, the company raised its forecast for the fiscal year ending March 31, 2027, with an attributable profit of 111.50 billion yen, EPS of 763.74 yen, and net sales of 1.3 trillion yen.

Related Articles

Asia

Tamron Receives Acquisition Proposal From Sony Group

Tamron (TYO:7740) has received a nonbonding acquisition proposal from Sony Group (TYO:6758), according to a Thursday release.The proposal involves a series of transactions that will make the camera lens maker Sony's wholly owned subsidiary.Tamron has created a special committee to review options relating to the proposal.

TYO:6758TYO:7740
Asia

Japan's ANA Holdings Orders Eight Additional Embraer E190-E2 Aircraft

ANA Holdings (TYO:9202) plans to order eight additional Embraer E190-E2 aircraft, expanding on its previous order of 20 aircraft announced in February 2025, according to a company release on Wednesday.The board approved the decision during a meeting on Wednesday.The 100-seat aircraft, featuring PW1900G engines and a range of 5,278 kilometers, aim to improve fuel efficiency, lower noise and operating costs, the release said.

TYO:9202
Asia

United Microelectronics Board OKs Up to NT$1.7 Billion Investment in Private Equity Fund

United Microelectronics (TPE:2303) board approved an investment of up to NT$1.7 billion in private equity fund TGVest Asia Partners III (Taiwan), according to a Wednesday Taiwan Exchange filing.The investment will be made through capital contributions based on capital call notices under the fund's limited partnership agreement.The funds will be used as a long-term investment, it said.

TPE:2303