Fujikura stock fell 2.65 percent on October 7 despite raised guidance

Published on 10/07/2026 at 10:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fujikura stock was last at JPY 5,700 on October 7, 2026, while its 52-week high stood at JPY 7,933. Fiscal Q1 revenue rose 50 percent to JPY 402.009 billion.

Fujikura, JP3811000003, Illustration mit AI erstellt.

Fujikura stock (JP3811000003) was last at JPY 5,700 on the Tokyo Stock Exchange on October 7, 2026, down 2.65 percent from the previous session. The decline came as investors weighed the company's sharply higher earnings guidance against a share price still below its 52-week high.

Guidance rises to JPY 432 billion

JPX Market Explorer reports that Fujikura raised its fiscal-year operating-profit forecast for the year ending March 31, 2027, to JPY 432 billion on August 7, 2026, from JPY 310 billion previously. The revision represents a 39.4 percent increase and also lifted full-year net-sales guidance to JPY 1,755 billion from JPY 1,462 billion.

The higher forecast is tied to stronger demand for optical components in the telecommunications business, particularly as data-center investment expands. That makes the guidance more important than the daily decline because it changes the earnings base against which the stock is valued.

Quarterly growth accelerates

Fujikura's fiscal first-quarter revenue reached JPY 402.009 billion for the period ended June 30, 2026, while operating income was JPY 104.827 billion and net income attributable to shareholders was JPY 80.434 billion, according to Simply Wall St. Revenue increased 50 percent from the comparable quarter, while net income rose 157 percent.

The operating result gives investors a second measure of the acceleration: quarterly operating income was more than double the JPY 46.511 billion recorded in the preceding quarter ended March 31, 2026. The figures support the company's stronger outlook, but the market reaction shows that expectations already include substantial improvement.

Analysts see further upside

According to MarketScreener, the consensus rating is Buy from 13 analysts, with an average price target of JPY 7,386.15. Against the JPY 5,700 reference price, that target lies 29.6 percent above the price.

The same MarketScreener report says Jefferies raised its Fujikura price target to JPY 11,700 from JPY 9,300 on September 7, 2026, while keeping a Buy rating. The target is materially above the consensus average, raising the bar for further execution by the optical-components and superconducting-tape businesses.

Stock remains below yearly high

Fujikura's JPY 5,700 last price on October 7, 2026, compares with a 52-week range of JPY 2,450 to JPY 7,933. The market capitalization was JPY 9.4 trillion and trading volume reached 41,805,100 shares on the same session.