Interim report
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Note : This document has been translated from a part of 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 . Consolidated Financial Results for the Three Months Ended June 30 , 2026 ( Under Japanese GAAP ) Company name : Stock exchange listing : Code No .: URL : Representative : Contact : Fujikura Ltd. Prime Market of TSE 5803 https : // www fujikura.co.jp/ Naoki Okada , Director , President and CEO Toru Hamasuna , Executive Officer , General Manager of Corporate Strategy Planning Division Tel . + 81-3-5606-1112 Scheduled date to commence dividend payments : Preparation of supplementary material on financial results : No Holding of financial results briefing : Yes ( for analysts ) FASF Aug 7 , 2026 ( The figures are rounded to the nearest million yen . ) 1. Consolidated Financial Results for the Three Months Ended June 30 , 2026 ( April 1 , 2026 - June 30 , 2026 ) ( 1 ) Consolidated Financial Results ( Percentages represent changes compared to the same period of the previous fiscal year . ) Profit attributable to Net sales Operating profit Ordinary profit owners of parent Three Months Ended Million yen 402,009 % 50.1 Million yen 104,828 % 155.1 Million yen % Million yen % 111,456 166.8 80,434 156.8 June 30 , 2026 Three Months Ended 267,908 22.7 41,086 68.0 41,775 60.1 31,318 63.9 June 30 , 2025 Notes : Comprehensive Income : Three months ended June 30 , 2026 Three months ended June 30 , 2025 86,296 29,707 million yen 190.5 % million yen ( 12.9 ) % Net profit per share Diluted net profit per share Yen Yen Three Months Ended 48.58 June 30 , 2026 Three Months Ended June 30 , 2025 18.92 Notes : Fujikura ( hereinafter referred to as " the Company " ) conducted a 6 - for - 1 share split for its common shares effective April 1 , 2026. Net profit per share is calculated assuming that the share split was implemented at the beginning of the fiscal year ended March 31 , 2026 . -1-
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- 2 - (2) Consolidated Financial Position Total assets Net assets Equity ratio Million yen Million yen % As of June 30, 2026 1,070,655 641,577 56.8 As of March 31, 2026 969,454 593,193 57.8 2．Dividends Payments Dividend per share End of 1st quarter End of 2nd quarter End of 3rd quarter Year-end Annual Yen Yen Yen Yen Yen Fiscal Year ended March 31, 2026 － 95.00 － 130.00 225.00 Fiscal Year ending March 31, 2027 － Fiscal Year ending March 31, 2027 (forecast) 19.00 － 19.00 38.00 Notes: 1.Revisions to dividends payments forecasts disclosed most recently: No 2.The Company conducted a 6 -for-1 share split for its co mmon shares effective April 1, 2026. Dividends per share for the fiscal year ended March 31, 2026, is actual dividend per share before the share split was executed. 3. Consolidated Financial Forecasts for the Fiscal Year Ending March 31, 2027 (April 1, 2026－March 31, 2027) (Percentages represent changes compared to the same period of the previous fiscal year.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Net profit per share Million yen ％ Million yen ％ Million yen ％ Million yen ％ Yen Six Months ending September 30, 2026 821,000 46.9 198,000 119.6 209,000 127.9 149,000 121.9 89.98 Fiscal Year ending March 31, 2027 1,755,000 48.4 432,000 128.9 453,000 127.1 326,000 107.4 196.88 Notes: 1.Revisions to financial forecasts disclosed most recently: Yes 2.For the revisions to consolidated financial forecasts, plea se refer to “Notice of Revisions to Consolidated Financial Forecasts for the First Half and the Full Year of the Fiscal Year Ending March 31, 2027" announced today (August 7, 2026). Reference: Shareholders’ equity: As of June 30, 2026 608,598 million yen As of March 31, 2026 560,365 million yen
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- 3 - 4. Others (1) Significant changes in the scope of consolidation during the period: No (2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: Yes (3) Changes in accounting policies, changes in accounting estimates and restatements (i) Changes in accounting policies due to revisions of accounting standards, etc. : No (ii) Changes in accounting policies Other than (i) : Yes (iii) Changes in accounting estimates : No (iv) Restatements : No (4) Number of issued shares (common stock) (i) Number of issued shares at end of period (including treasury stock) (ii) Number of treasury shares at end of period (iii) Average number of outstanding shares during period Notes: 1. The Company has introduced a stock-based compensation plan by means of a trust for the Company’s Directors. The number of shares held in this trust account are included in the number of treasury stock. 2. The Company conducted a 6 -for-1 share split of its common shares effective April 1, 2026. Number of issued shares at the end of perio d, number of treasury shares at the end of period, and average number of outstanding shares during period are calculated assuming that the share split was implemented at the beginning of the fiscal year ended March 31, 2026. (*) Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: Yes (voluntary) (*) Concerning the appropriate use of financial forecasts and other significant matters (Notes on forward-looking statements) These forecasts are based on the information available to the Company on the date hereof. Actual financial results may differ from these forecasts due to various factors. As of June 30, 2026: 1,775,180,526 Shares As of March 31, 2026: 1,775,180,526 Shares As of June 30, 2026: 119,020,114 Shares As of March 31, 2026: 119,521,230 Shares Three months ended June 30, 2026: 1,655,834,826 Shares Three months ended June 30, 2025: 1,655,468,470 Shares
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- 4 - 5. Consolidated Financial Statements (1) Consolidated Balance Sheets (Millions of yen) As of March 31, 2026 As of June 30, 2026 Assets Current assets Cash and deposits 181,219 192,323 Notes and accounts receivable - trade, and contract assets 252,623 314,525 Inventories 183,799 209,685 Other 40,445 41,673 Allowance for doubtful accounts (508) (915) Total current assets 657,579 757,291 Non-current assets Property, plant and equipment Buildings and structures, net 83,265 83,891 Machinery, equipment and vehicles, net 46,168 48,315 Other, net 67,429 66,107 Total property, plant and equipment 196,863 198,313 Intangible assets Goodwill 7,491 7,201 Other 10,575 5,598 Total intangible assets 18,067 12,799 Investments and other assets Investment securities 48,265 56,052 Other 48,777 46,279 Allowance for doubtful accounts (96) (79) Total investments and other assets 96,946 102,252 Total non-current assets 311,875 313,365 Total assets 969,454 1,070,655 Liabilities Current liabilities Notes and accounts payable - trade 126,750 138,388 Short-term borrowings 24,727 45,694 Commercial papers － 20,000 Current portion of bonds payable 10,000 10,000 Income taxes payable 13,106 28,990 Provision for customs duties 13,624 13,836 Other provisions 1,054 987 Other 88,661 83,845 Total current liabilities 277,923 341,739 Non-current liabilities Bonds payable 10,000 10,000 Long-term borrowings 40,250 30,250 Other provisions 594 2,136 Retirement benefit liability 9,894 9,534 Other 37,600 35,419 Total non-current liabilities 98,338 87,339 Total liabilities 376,261 429,078
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- 5 - (Millions of yen) As of March 31, 2026 As of June 30, 2026 Net assets Shareholders' equity Share capital 53,076 53,076 Capital surplus 24,503 26,387 Retained earnings 385,288 429,515 Treasury shares (10,377) (12,082) Total shareholders' equity 452,489 496,895 Accumulated other comprehensive income Valuation difference on available-for-sale securities 10,465 12,913 Deferred gains or losses on hedges (106) (79) Foreign currency translation adjustment 93,580 95,267 Remeasurements of defined benefit plans 3,937 3,602 Total accumulated other comprehensive income 107,876 111,703 Non-controlling interests 32,828 32,980 Total net assets 593,193 641,577 Total liabilities and net assets 969,454 1,070,655
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- 6 - (2) Consolidated Statements of Income and Comprehensive Income （Consolidated Statements of Income） (Millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Net sales 267,908 402,009 Cost of sales 194,524 253,049 Gross profit 73,384 148,960 Selling, general and administrative expenses 32,298 44,133 Operating profit 41,086 104,828 Non-operating income Interest income 394 488 Dividend income 268 609 Foreign exchange gains － 646 Share of profit of entities accounted for using equity method 1,970 5,319 Other 638 660 Total non-operating income 3,271 7,723 Non-operating expenses Interest expenses 544 296 Foreign exchange losses 1,245 － Other 792 799 Total non-operating expenses 2,582 1,095 Ordinary profit 41,775 111,456 Extraordinary income Gain on sale of investment securities － 93 Gain on sale of shares of subsidiaries and associates 1,441 － Gain on termination of retirement benefit plan 489 － Total extraordinary income 1,930 93 Extraordinary losses Business restructuring expenses 29 179 Total extraordinary losses 29 179 Profit before income taxes 43,676 111,370 Income taxes 11,108 29,157 Profit 32,568 82,212 Profit attributable to non-controlling interests 1,250 1,778 Profit attributable to owners of parent 31,318 80,434
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- 7 - （Consolidated Statements of Comprehensive Income） (Millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Profit 32,568 82,212 Other comprehensive income Valuation difference on available-for-sale securities 702 2,024 Deferred gains or losses on hedges 951 27 Foreign currency translation adjustment (4,142) 2,589 Remeasurements of defined benefit plans, net of tax (32) (377) Share of other comprehensive income of entities accounted for using equity method (341) (178) Total other comprehensive income (2,861) 4,084 Comprehensive income 29,707 86,296 Comprehensive income attributable to Comprehensive income attributable to owners of parent 28,533 84,260 Comprehensive income attributable to non-controlling interests 1,174 2,036