Financial Data
Results Summary (Japan GAAP)
Results Summary
Below is the summary announced on July 31, 2025 of financial results for 1Q FY2025 Three months ended June 30, 2025.
Consolidated Financial Summary
(¥ billion)
Under FY2026 Medium-Term Management Plan “To be enthusiastic, ambitious and sensitive 2026,” the three-year medium-term management plan slated to conclude with the fiscal year ending March 31, 2027, Fuji Electric is enacting the basic policy of further improvement of corporate value through management emphasizing profit. Based on this policy, the Company will work toward the improvement of profitability, the promotion of growth strategies, and the strengthening of management foundations to achieve profitable business growth and reinforce its management constitution. Furthermore, the Company reorganized its reportable segments in conjunction with the launch of the plan in order to better accommodate the plan’s growth strategies. This reorganization entailed transferring the equipment construction business to the Energy segment to strengthen system operations and reassigning the ED&C components business to the Industry segment to facilitate the generation of synergies.
In the three months ended June 30, 2025, the outlook for the global economy grew increasingly opaque due to the impacts of the trade policies of the United States. However, capital investment in the power, manufacturing, and data center sectors remained firm due to green transformation investments aimed at decarbonization and rising energy demand accompanying the spread of generative AI and digital technologies. In addition, recovery was seen with regard to machine tool-related demand, but demand associated with electrified vehicles varied by region.
In this environment, Fuji Electric moved forward with initiatives to expand its plant and system operations in response to growing demand for reliable energy supplies as well as rising needs for energy saving and electrification in steel and other material industries. In addition, enhancements to profitability were pursued through digital technology-powered productivity improvements at production sites. The Company also began augmenting production capacity of switchgears and controlgears, power panel, transformers and switchgears to respond to robust demand. Furthermore, a plan was enacted for conducting capital investment in relation to SiC power semiconductors based on demand fluctuations in order to accommodate future market growth.
Net Sales
Increases were seen in the sales of the plant, system, and other operations, resulting in consolidated net sales in the three months ended June 30, 2025 rising ¥11.5 billion, or 5%, year on year, to a new record high of ¥247.9 billion.
Operating Income, Ordinary Income and Profit Attributable to Owners of Parent
Although profit was impacted by the increases to personal expenses that accompanied efforts to enhance human capital as well as high material prices, overall profit was buoyed by the benefits of growth in plant and system demand, increases to product selling prices, and cost reduction activities. As a result, operating profit rose ¥0.8 billion year on year, to a new record high of ¥18.1 billion. Meanwhile, ordinary profit decreased ¥0.9 billion, to ¥17.3 billion, due to disadvantageous foreign exchange influences, and profit attributable to owners of parent decreased ¥0.6 billion, to ¥10.9 billion.
Consolidated Financial Results by Segments
Energy
In the Energy segment, net sales and operating profit were up year on year due to higher demand in the energy management business and the power supply and facility systems business.
-
In the power generation business, net sales and operating results were relatively unchanged year on year as the benefits of increase large-scale nuclear power related projects were counteracted by detracting factors associated with large-scale renewable energy projects.
-
In the energy management business, net sales and operating results were up year on year as a result of increases in storage battery system projects and in large-scale projects for substation equipment for power and industrial applications.
-
In the power supply and facility systems business, net sales and operating results were up year on year due to growth in demand from data centers.
-
In the equipment construction business, net sales and operating results were up year on year due to an increase in large-scale projects, differences in profitability between projects, and the benefits of cost reduction activities.
Industry
In the Industry segment, net sales and operating profit were up year on year as a result of higher demand in the automation systems business and the ED&C components business coupled with an increase in large-scale orders in the IT solutions business.
-
In the factory automation components business, net sales were down year on year, despite low-voltage inverter sales that were on par with the previous equivalent period, as a result of detrimental foreign exchange influences. However, operating results were up year on year.
-
In the automation systems business, net sales were up year on year due to increased demand for drive control systems and measurement control systems for the steel industry. Operating results, meanwhile, were down year on year because of a rise in expenses associated with large-scale projects.
-
In the social solutions business, net sales and operating results were up year on year due to increases in demand for transportation systems.
-
In the ED&C components business, net sales were up year on year because of a modest recovery in demand from finished machinery manufacturers while operating results deteriorated due to the impacts of higher material prices.
-
In the IT solutions business, net sales and operating results were up year on year following growth in large- scale projects from the academic sector.
Semiconductor
In the semiconductor business, net sales for automotive semiconductors were down year on year due to the impacts of the weak overseas demand and detrimental foreign exchange influences, which outweighed the benefits of growth in domestic demand for power semiconductors for electrified vehicles. Meanwhile, a year-on- year increase was seen in net sales of industrial semiconductors as the impacts of detrimental foreign exchange influences were counteracted by the increases in demand for semiconductors for renewable energy and other applications overseas. Despite this increase in sales of industrial semiconductors, operating results were down year on year due to the rise in expenses for bolstering production capacity, the increases in material costs, and the impacts of detrimental foreign exchange influences.
Food and Beverage Distribution
-
In the vending machine business, net sales and operating results were down year on year following declines in domestic vending machine demand.
-
In the store distribution business, net sales and operating results were down year on year, despite increased demand for store fixtures accompanying a rise in convenience store renovations, due to the rebound from the special demand trend seen for automatic change dispensers that stemmed from the issuance of newly designed paper currency in Japan and contributed to performance in the previous equivalent period.
-
Note:
-
Effective April 1, 2025, a reorganization was undertaken resulting in changes to the businesses included within the Energy and Industry reportable segments. Year-on-year comparisons use figures that have been restated to reflect these changes.
Forecasts for the Fiscal Year Ending March 31, 2026
Forecasts for consolidated business results in the fiscal year ending March 31, 2026, are as follows.
Furthermore, forecasts for the fiscal year ending March 31, 2026, assume exchange rates of US$1 = ¥140, €1 = ¥154, RMB1 = ¥19.8.
(Consolidated Forecasts for the Six-Month Period Ending September 30, 2025)
(¥ billion)
（Reference: Consolidated Forecasts for the Six-Month Period Ending September 30, 2025 by Segment）
(¥ billion)
(Consolidated Forecasts for the Fiscal Year Ending March 31, 2026)
(¥ billion)
（Reference: Consolidated Forecasts for the Fiscal Year Ending March 31, 2026 by Segment）
(¥ billion)
Quartaly Financial Results
Consolidated summary
(Billions of yen)
2025/3
2026/3
(Millions of yen)
Net Sales by Segment
(Millions of yen)
Operating Income (Loss) by Segment
(Millions of yen)
