Telecommunications firm Fujikura (TYO:5803) raised its full-year attributable profit forecast for the fiscal year ending March 31, 2027, to 229 billion yen from 156 billion yen, according to a Tokyo bourse filing on Thursday.
Net profit per share estimates were adjusted to 138.31 yen from 94.22 yen previously, while the net sales forecast was also lifted to 1.462 trillion yen from 1.243 trillion yen, reflecting stronger-than-expected orders.
For the fiscal first half, attributable profit is now expected to be 128 billion yen, nearly double the previous 67 billion yen estimate, while net sales target jumped to 778 billion yen from 594 billion yen.
The higher projections were driven by unexpected orders for optical components from hyperscalers, price increases, and an easing of earlier hydrogen supply shortages that had weighed on production.
Management expects these positive trends to continue into the second half of the fiscal year.
The company is also benefiting from a recent 6-for-1 share split, though per-share figures are calculated as if the split occurred at the start of the prior year.