Interim report
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Note: This document has been translated from 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. August 3, 2026 Listed Company Name: FUJI CORPORATION Securities Code: 6134 Listings: Tokyo Stock Exchange, Nagoya Stock Exchange URL: https://www.fuji.co.jp/ Representative: Joji Isozumi, President, and CEO Contact: Junichi Kano, CFO irsr@fuji.co.jp Scheduled date to start dividend payments: --- Preparation of results briefing materials: Yes Holding of financial results briefing: Yes (Amounts less than one million yen have been truncated) (Percentages indicate year-on-year changes) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Millions of yen % Millions of yen % Millions of yen % Millions of yen % Three months ended June 30, 2026 60,597 45.9 15,212 192.6 15,883 182.0 12,622 122.1 Three months ended June 30, 2025 41,521 33.7 5,199 61.6 5,631 42.8 5,683 115.3 Profit per share Diluted profit per share Yen Yen Three months ended June 30, 2026 143.58 － Three months ended June 30, 2025 64.45 － Total assets Net assets Equity ratio Millions of yen Millions of yen % As of June 30, 2026 291,203 242,972 83.4 As of March 31, 2026 278,356 232,454 83.5 CONSOLIDATED FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED JUNE 30, 2026 [J-GAAP] 1. Consolidated Financial Results (From April 1, 2026 to June 30, 2026) (1) Consolidated Operating Results Note: Comprehensive income Three months ended June 30, 2026: ¥ 14,924 million [343.4%] Three months ended June 30, 2025: ¥ 3,366 million [(23.5)%] (2) Consolidated Financial Position Reference: Shareholders’ equity As of June 30, 2026 : ¥ 242,826 million As of March 31, 2026 : ¥ 232,317 million
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Dividends per share First quarter- end Second quarter- end Third quarter- end Year-end Total Yen Yen Yen Yen Yen Fiscal year ended March 31, 2026 － 40.00 － 50.00 90.00 Fiscal year ending March 31, 2027 － Fiscal year ending March 31, 2027 (Forecast) 95.00 － 95.00 190.00 (Percentages indicate year-on-year changes) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Profit per share Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen First half 127,000 59.7 32,500 238.9 33,200 224.6 23,800 164.8 270.72 Full year 244,000 35.1 60,000 104.9 61,100 95.3 44,000 179.7 500.50 2. Dividends Note: Revision of dividend forecast since last announcement: None 3. Forecast of Consolidated Results for the Fiscal Year Ending March 31, 2027 (From April 1, 2026 to March 31, 2027) Note: Revision of results forecast since last announcement: Yes Please refer to “Notice of Revision to Forecast of Business Results” which was issued on the same day for details. *Notes (1) Significant changes in scope of consolidation during the period under review: None New Company: － Exclusion: － (2) Application of accounting treatments specific to the preparation of quarterly consolidated financial statements: None (3) Changes in accounting policies, accounting estimates, and retrospective restatements 1) Changes in accounting policies in accordance with revision of accounting standards: None 2) Changes in accounting policies other than item 1) above: None 3) Changes in accounting estimates: None 4) Retrospective restatements: None (4) Number of shares issued (common stock) 1) Number of shares issued as of end of period (including treasury shares) As of June 30, 2026: 97,823,748 shares As of March 31, 2026: 97,823,748 shares 2) Number of treasury shares as of end of period As of June 30, 2026: 9,910,816 shares As of March 31, 2026: 9,910,679 shares 3) Average number of shares during the period Three months ended June 30, 2026: 87,912,942 shares Three months ended June 30, 2025: 88,188,049 shares Review of the Japanese-language originals of the attached quarterly consolidated financial statements by certified public accountants or auditing firms: None Explanation regarding appropriate use of results forecasts and other special remarks (Notes on the forward-looking statements) The forward-looking statements, including results forecasts, contained in these materials are based on information available to the Company and on certain assumptions deemed to be reasonable as of the date of release of this document and they are not meant to be a commitment by the Company. Also, actual business results may differ substantially due to a number of factors. Please refer to “Notice of Revision to Forecast of Business Results” which was issued on the same day for details regarding assumptions and other matters concerning for the forecast of consolidated results. (How to obtain results briefing materials for financial results) The results briefing materials will be posted on the Company’s website from August 3, 2026.
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1. Overview of Operating Results, etc. ........................................................................................................................... 2 (1) Overview of Operating Results for the Three Months Ended June 30, 2026 .......................................................... 2 (2) Overview of Financial Position for the Three Months Ended June 30, 2026 .......................................................... 3 (3) Explanation of Forward-Looking Information including Forecast of Consolidated Results ..................................... 3 2. Consolidated Financial Statements ............................................................................................................................ 4 (1) Consolidated Balance Sheets ................................................................................................................................. 4 (2) Consolidated Statements of Income and Comprehensive Income ......................................................................... 6 (Consolidated Statements of Income) ...................................................................................................................... 6 (For the Three Months Ended June 30, 2025 and 2026) ......................................................................................... 6 (Consolidated Statements of Comprehensive Income) ........................................................................................... 7 (For the Three Months Ended June 30, 2025 and 2026) ........................................................................................ 7 (3) Notes to Consolidated Financial Statements .......................................................................................................... 8 (Notes to segment information, etc.) ........................................................................................................................ 8 (Notes to a significant change in shareholders’ equity) ........................................................................................... 9 (Notes to assumption of going concern) .................................................................................................................. 9 (Notes to quarterly consolidated statement of cash flows) ...................................................................................... 9 3. Others ......................................................................................................................................................................... 10 (1) Orders and Sales .................................................................................................................................................... 10 (2) Information on Disaggregation of Revenue from Contracts with Customers .......................................................... 11 Contents - 1 -
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1. Overview of Operating Results, etc. (1) Overview of Operating Results for the Three Months Ended June 30, 2026 In the Japanese economy during the three months ended June 30, 2026, although the impact of rising oil prices amid escalating tensions in the Middle East was felt in some areas, the economy recovered gradually, supported by increased exports of AI-related products amid growing global demand for AI. In addition, corporate capital investment remained firm, centering on software investment. In the global economy, economic growth slowed in Europe amid accelerating inflation and rising interest rates, while in North America, capital investment expanded, particularly in AI and data center related sectors, and in China, semiconductor exports to Asia and automobile exports to the EU remained strong. However, the impact on the global economy of factors such as rising geopolitical risks stemming from the escalating tensions in the Middle East remains uncertain. In this environment, within our main business of Robotic Solutions, with the aim to have the top market share for all products we handle, we have developed new markets and customers by focusing on expanding the sales of the flagship models, such as the modular SMT pick and place machine NXTR and the expandable all-in-one pick and place machine AIMEXR. In particular, the NXTR has been highly evaluated for its improved performance and expanded functionality, including automation and high-density placement, leading to increased demand across various industries. Furthermore, to strengthen a stable production system that can respond to demand fluctuations, we have advanced the development of personnel, equipment, and facilities at the Okazaki Factory, while promoting efforts to ensure stable procurement of materials. We have also promoted the commercialization of products other than SMT pick and place machines, such as the smart locker system Quist, the transfer support robot Hug, and the waste-sorting robot R-PLUS, and have worked to expand into new business areas. In the Machine Tools business, to create a cycle of sustainable profit growth, we have strived to enhance competitiveness in the turnkey business by improving production efficiency and proposal-based sales capabilities, while also focusing on acquiring new customers. Additionally, we have worked on enhancing the product competitiveness of our new multi-tasking lathe ACUFLEX. Moreover, we have accelerated efforts to improve operational efficiency across the Group through the use of digital technology, including AI, to increase profitability. At the same time, we have promoted management that emphasizes ESG by reducing environmental impact, strengthening human capital, and enhancing governance. As a result of the above, net sales for the three months ended June 30, 2026 increased by ¥19,075 million (45.9%) from the corresponding period of the previous fiscal year, to ¥60,597 million. Operating profit increased by ¥10,012 million (192.6%) from the corresponding period of the previous fiscal year, to ¥15,212 million, and ordinary profit increased by ¥10,252 million (182.0%) from the corresponding period of the previous fiscal year, to ¥15,883 million. In addition, profit attributable to owners of parent increased by ¥6,938 million (122.1%) from the corresponding period of the previous fiscal year, to ¥12,622 million. Operating results by segments are as follows. Robotic Solutions In the Asian region, particularly in Thailand and Vietnam, demand for AI server-related and smartphone-related equipment remained at a high level, while in North America, demand for telecommunications infrastructure-related and automotive-related equipment grew. As a result, net sales for the segment increased by ¥20,176 million (52.5%) from the corresponding period of the previous fiscal year, to ¥58,624 million. Operating profit increased by ¥10,329 million (167.2%) from the corresponding period of the previous fiscal year, to ¥16,508 million. Machine Tools As a result of sluggish demand for automotive sector equipment, net sales for the segment decreased by ¥1,279 million (48.6%) from the corresponding period of the previous fiscal year, to ¥1,351 million, and operating loss was ¥184 million (operating profit for the same period of the previous fiscal year was ¥122 million). - 2 -
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(2) Overview of Financial Position for the Three Months Ended June 30, 2026 (Assets) The current assets as of June 30, 2026 was ¥205,476 million, an increase of ¥9,969 million from the end of the previous fiscal year. This is mainly because cash and deposits increased by ¥9,103 million. Non-current assets increased by ¥2,876 million from the end of the previous fiscal year, to ¥85,726 million. This is mainly because investment securities increased by ¥2,152 million due to rising stock prices, etc. As a result, total assets increased by ¥12,846 million from the end of the previous fiscal year, to ¥291,203 million. (Liabilities) The current liabilities as of June 30, 2026 was ¥46,684 million, an increase of ¥3,302 million from the end of the previous fiscal year. This is mainly because deposits received (included in “Other” in current liabilities) increased by ¥2,958 million. Non-current liabilities decreased by ¥973 million compared with the end of the previous fiscal year, to ¥1,546 million. This is mainly because deferred tax liabilities (included in “Other” in non-current liabilities) decreased by ¥925 million. As a result, total liabilities increased by ¥2,328 million from the end of the previous fiscal year, to ¥48,231 million. (Net assets) The total net assets as of June 30, 2026 was ¥242,972 million, an increase of ¥10,517 million from the end of the previous fiscal year. This is mainly because retained earnings increased by ¥12,622 million due to profit attributable to owners of parent and valuation difference on available-for-sale securities increased by ¥1,773 million due to rising stock prices, etc., while retained earnings decreased by ¥4,404 million due to payment of dividends. (3) Explanation of Forward-Looking Information including Forecast of Consolidated Results Modifications have been made to the forecasts for consolidated business results for the fiscal year ending March 31, 2027 that we announced on May 14, 2026. For details, please refer to “Notice of Revision to Forecast of Business Results” which was issued on the same day. - 3 -
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(Millions of yen) As of March 31, 2026 As of June 30, 2026 Assets Current assets Cash and deposits 53,741 62,844 Notes and accounts receivable - trade 65,341 67,502 Securities 1,181 1,313 Merchandise and finished goods 19,795 21,464 Work in process 30,294 32,529 Raw materials and supplies 14,014 15,262 Other 11,283 4,700 Allowance for doubtful accounts (147) (142) Total current assets 195,507 205,476 Non-current assets Property, plant and equipment 37,711 37,735 Intangible assets 13,830 14,387 Investments and other assets Investment securities 21,871 24,023 Retirement benefit asset 7,077 7,122 Other 2,359 2,457 Total investments and other assets 31,308 33,603 Total non-current assets 82,849 85,726 Total assets 278,356 291,203 Liabilities Current liabilities Notes and accounts payable - trade 14,820 16,764 Income taxes payable 10,407 7,816 Provision for product warranties 855 1,163 Other 17,300 20,941 Total current liabilities 43,382 46,684 Non-current liabilities Retirement benefit liability 464 475 Provision for share awards 256 216 Other 1,798 854 Total non-current liabilities 2,519 1,546 Total liabilities 45,902 48,231 2. Consolidated Financial Statements (1) Consolidated Balance Sheets - 4 -
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(Millions of yen) As of March 31, 2026 As of June 30, 2026 Net assets Shareholders’ equity Share capital 5,878 5,878 Capital surplus 7,252 7,252 Retained earnings 213,527 221,745 Treasury shares (21,653) (21,654) Total shareholders’ equity 205,005 213,221 Accumulated other comprehensive income Valuation difference on available-for-sale securities 10,079 11,852 Deferred gains or losses on hedges (7) － Foreign currency translation adjustment 15,976 16,805 Remeasurements of defined benefit plans 1,263 947 Total accumulated other comprehensive income 27,311 29,605 Non-controlling interests 136 145 Total net assets 232,454 242,972 Total liabilities and net assets 278,356 291,203 - 5 -
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(Millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Net sales 41,521 60,597 Cost of sales 27,791 35,432 Gross profit 13,730 25,164 Selling, general and administrative expenses 8,530 9,951 Operating profit 5,199 15,212 Non-operating income Interest income 180 217 Dividend income 285 283 Foreign exchange gains － 151 Miscellaneous income 37 26 Total non-operating income 503 679 Non-operating expenses Interest expenses 3 3 Commission expenses 6 1 Foreign exchange losses 47 － Compensation for damage － 1 Loss on investments in investment partnerships 13 0 Miscellaneous expenses 0 0 Total non-operating expenses 71 8 Ordinary profit 5,631 15,883 Extraordinary income Gain on disposal of non-current assets 3 7 Gain on sales of investment securities 2,563 2,046 Total extraordinary income 2,567 2,053 Extraordinary losses Loss on disposal of non-current assets 10 25 Total extraordinary losses 10 25 Profit before income taxes 8,188 17,911 Income taxes - current 3,082 6,954 Income taxes - deferred (587) (1,669) Total income taxes 2,494 5,285 Profit 5,693 12,625 Profit attributable to non-controlling interests 9 3 Profit attributable to owners of parent 5,683 12,622 (2) Consolidated Statements of Income and Comprehensive Income (Consolidated Statements of Income) (For the Three Months Ended June 30, 2025 and 2026) - 6 -
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(Millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Profit 5,693 12,625 Other comprehensive income Valuation difference on available-for-sale securities (1,713) 1,773 Deferred gains or losses on hedges (2) 7 Foreign currency translation adjustment (542) 833 Remeasurements of defined benefit plans, net of tax (68) (315) Total other comprehensive income (2,327) 2,298 Comprehensive income 3,366 14,924 Comprehensive income attributable to Comprehensive income attributable to owners of parent 3,355 14,915 Comprehensive income attributable to non-controlling interests 10 8 (Consolidated Statements of Comprehensive Income) (For the Three Months Ended June 30, 2025 and 2026) - 7 -
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(Millions of yen) Reportable segments Other (Note) TotalRobotic Solutions Machine Tools Subtotal Net sales Sales to external customers 38,448 2,630 41,079 442 41,521 Inter-segment sales or transfers 14 － 14 67 81 Total 38,462 2,630 41,093 509 41,603 Segment income (loss) 6,178 122 6,301 (58) 6,242 (Millions of yen) Income Amount Reportable segments total 6,301 Gains (losses) in Others (58) Inter-segment transaction eliminations 2 Corporate expenses (Note) (1,045) Operating profit in the consolidated statements of income 5,199 (3) Notes to Consolidated Financial Statements (Notes to segment information, etc.) I. Three months ended June 30, 2025 (from April 1, 2025 to June 30, 2025) 1) Information on the amounts of net sales and profit or loss by reportable segment Note: “Other” include business activities that do not fit into the main two reportable segments. This includes the manufacture of control equipment and electronic equipment, and image processing development. 2) Difference between the aggregate amount of the profit or loss of a reportable segment and the amount posted in the consolidated statements of income and major descriptions of such difference (difference adjustments and related matters) Note: Corporate expenses mainly consist of general and administrative expenses and research and development expenses not attributable to the reportable segments. - 8 -
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(Millions of yen) Reportable segments Other (Note) TotalRobotic Solutions Machine Tools Subtotal Net sales Sales to external customers 58,624 1,351 59,975 621 60,597 Inter-segment sales or transfers 23 － 23 51 75 Total 58,648 1,351 59,999 673 60,672 Segment income (loss) 16,508 (184) 16,324 19 16,344 (Millions of yen) Income Amount Reportable segments total 16,324 Gains (losses) in Others 19 Inter-segment transaction eliminations 2 Corporate expenses (Note) (1,133) Operating profit in the consolidated statements of income 15,212 II. Three months ended June 30, 2026 (from April 1, 2026 to June 30, 2026) 1) Information on the amounts of net sales and profit or loss by reportable segment Note: “Other” include business activities that do not fit into the main two reportable segments. This includes the manufacture of control equipment, electronic equipment, and image processing development. 2) Difference between the aggregate amount of the profit or loss of a reportable segment and the amount posted in the consolidated statements of income and major descriptions of such difference (difference adjustments and related matters) Note: Corporate expenses mainly consist of general and administrative expenses and research and development expenses not attributable to the reportable segments. (Notes to a significant change in shareholders’ equity) Not applicable (Notes to assumption of going concern) Not applicable Three months ended June 30, 2025 Three months ended June 30, 2026 Depreciation 2,233 2,336 Amortization of goodwill 237 － (Notes to quarterly consolidated statement of cash flows) We did not prepare any quarterly consolidated statement of cash flows for the period under review. Shown below are depreciation and amortization expenses (including amortization expense of intangible fixed assets, excluding goodwill) and amortization expense of goodwill for the period under review. (Millions of yen) - 9 -
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Name of segment Orders (Millions of yen) Ratio (%) Net sales (Millions of yen) Ratio (%) Order backlogs (Millions of yen) Ratio (%) Robotic Solutions 40,618 93.1 38,448 92.6 35,416 87.5 Machine Tools 2,464 5.6 2,630 6.3 4,659 11.5 Reportable segments subtotal 43,082 98.7 41,079 98.9 40,075 99.0 Other 557 1.3 442 1.1 389 1.0 Total 43,640 100.0 41,521 100.0 40,465 100.0 Name of segment Orders (Millions of yen) Ratio (%) Net sales (Millions of yen) Ratio (%) Order backlogs (Millions of yen) Ratio (%) Robotic Solutions 82,841 96.6 58,624 96.8 85,877 95.1 Machine Tools 2,305 2.7 1,351 2.2 4,098 4.5 Reportable segments subtotal 85,147 99.3 59,975 99.0 89,975 99.6 Other 637 0.7 621 1.0 344 0.4 Total 85,784 100.0 60,597 100.0 90,320 100.0 Name of segment Orders (Millions of yen) Ratio (%) Net sales (Millions of yen) Ratio (%) Order backlogs (Millions of yen) Ratio (%) Robotic Solutions 197,151 95.0 168,737 93.4 61,660 94.7 Machine Tools 8,023 3.9 9,705 5.4 3,143 4.8 Reportable segments subtotal 205,174 98.9 178,442 98.8 64,804 99.5 Other 2,255 1.1 2,199 1.2 329 0.5 Total 207,429 100.0 180,642 100.0 65,133 100.0 3. Others (1) Orders and Sales Three months ended June 30, 2025 (from April 1, 2025 to June 30, 2025) Three months ended June 30, 2026 (from April 1, 2026 to June 30, 2026) Fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026) - 10 -
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Name of segment Japan China Thailand Rest of Asia North America Europe Other Total Robotic Solutions 2,268 14,976 1,224 13,664 2,844 2,346 1,122 38,448 Machine Tools 987 304 8 75 1,203 45 5 2,630 Reportable segments subtotal 3,256 15,280 1,232 13,740 4,048 2,391 1,128 41,079 Other 439 0 － 1 － － － 442 Total 3,695 15,281 1,232 13,742 4,048 2,391 1,128 41,521 Ratio (%) 8.9 36.8 3.0 33.1 9.7 5.8 2.7 100.0 Name of segment Japan China Thailand Rest of Asia North America Europe Other Total Robotic Solutions 1,928 17,533 8,532 16,635 10,128 3,460 407 58,624 Machine Tools 537 157 11 46 499 7 90 1,351 Reportable segments subtotal 2,465 17,690 8,543 16,681 10,628 3,468 497 59,975 Other 619 1 － 0 － － － 621 Total 3,085 17,692 8,543 16,682 10,628 3,468 497 60,597 Ratio (%) 5.1 29.2 14.1 27.5 17.6 5.7 0.8 100.0 Name of segment Japan China Thailand Rest of Asia North America Europe Other Total Robotic Solutions 10,619 48,263 24,164 52,632 17,569 11,622 3,864 168,737 Machine Tools 3,869 1,183 114 269 3,972 270 24 9,705 Reportable segments subtotal 14,489 49,447 24,279 52,902 21,542 11,893 3,889 178,442 Other 2,181 9 － 8 － － － 2,199 Total 16,671 49,456 24,279 52,910 21,542 11,893 3,889 180,642 Ratio (%) 9.2 27.4 13.4 29.3 11.9 6.6 2.2 100.0 (2) Information on Disaggregation of Revenue from Contracts with Customers Three months ended June 30, 2025 (from April 1, 2025 to June 30, 2025) (Millions of yen) Three months ended June 30, 2026 (from April 1, 2026 to June 30, 2026) (Millions of yen) Fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026) (Millions of yen) Note: Net sales are based on the locations of customers and classified by country or region. - 11 -