Semiconductors May 14, 2026 5 min read TSE: 5384

Fujimi FY3/26 Operating Profit Rises 17% to ¥13.8bn on Semiconductor Polishing Demand

Fujimi Incorporated, a leading maker of precision-polishing slurries and abrasives for the semiconductor and silicon-wafer industries, grew full-year revenue 11.0% to ¥69.40 billion and operating profit 17.4% to ¥13.83 billion on robust chip-related demand, and raised its annual dividend to ¥75 with ¥77 guided for next year.

Fujimi Incorporated · TSE

Fujimi Incorporated (TSE/Nagoya: 5384), which develops CMP (chemical-mechanical planarization) slurries, lapping and polishing abrasives and related precision materials used to finish semiconductor wafers, hard-disk components and optics, reported results for the year ended March 31, 2026. Under Japanese GAAP, consolidated revenue rose 11.0% to ¥69.40 billion, operating profit rose 17.4% to ¥13.83 billion and ordinary profit rose 15.7% to ¥14.17 billion. Net profit attributable to owners edged down 3.9% to ¥9.06 billion, as higher tax and lower non-operating items offset the operating gains. EPS was ¥122.12. The operating margin was 19.9% and return on equity 11.3%.

Semiconductor demand drives growth

Sales and operating profit rose on strong demand for advanced-node semiconductor polishing materials amid the AI-driven chip cycle. Total comprehensive income climbed 46.9% to ¥13.35 billion.

Balance sheet and dividend

Total assets were ¥121.30 billion and net assets ¥84.72 billion, for an equity ratio of 69.1%. The annual dividend was raised to ¥75.00 (¥36.67 interim plus ¥38.33 year-end) for FY3/26, with a further increase to ¥77.00 (¥38.50 plus ¥38.50) guided for FY3/27; the payout ratio is around 55–61%.

Outlook

For the year to March 2027, Fujimi guides revenue of ¥74.80 billion (+7.8%), operating profit of ¥14.50 billion (+4.9%), ordinary profit of ¥14.50 billion (+2.3%) and net profit of ¥10.40 billion (+14.8%), for EPS of ¥140.19.

Fujimi Incorporated — FY3/2026 Key Financials (J-GAAP, consolidated)
Metric	FY3/26	FY3/25	YoY
Revenue (¥m)	69,404	62,503	+11.0%
Operating profit (¥m)	13,826	11,780	+17.4%
Ordinary profit (¥m)	14,169	12,251	+15.7%
Net profit attrib. (¥m)	9,059	9,428	−3.9%
EPS (¥)	122.12	127.10	−3.9%
Equity ratio	69.1%	83.7%	−14.6pp
FY3/27 OP guidance (¥m)	14,500	13,826	+4.9%

JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.