Fuji Books ¥9.7 Billion Impairment on Subsidiary but Raises Dividend

Fuji ( (JP:6134) ) just unveiled an announcement.

Fuji Corporation has booked an extraordinary impairment loss of ¥9.69 billion on goodwill and intangible assets linked to subsidiary Fasford Technology, after project shipment delays and heightened uncertainty in the semiconductor market undermined the unit’s initially expected earnings power. Despite this setback, Fuji maintains that Fasford’s die bonders remain a core medium- to long-term growth field and plans to optimize the business structure, strengthen competitiveness, and pursue synergies in technology and sales across the group.

The impairment and related extraordinary losses pushed profit attributable to owners of parent down to ¥15.73 billion for the year ended March 31, 2026, a 35.5% shortfall versus the company’s latest forecast, although net sales and operating profit came in only slightly below expectations. Nonetheless, the board has proposed lifting the year-end dividend to ¥50 per share, up ¥10 from the previous forecast, resulting in an annual payout of ¥90 per share as management prioritizes steady shareholder returns while balancing capital needs for future growth.

The most recent analyst rating on (JP:6134) stock is a Buy with a Yen6300.00 price target. To see the full list of analyst forecasts on Fuji stock, see the JP:6134 Stock Forecast page.

More about Fuji

Fuji Corporation is a Japan-based manufacturer of industrial equipment, best known for its electronics and semiconductor-related production machinery. The company focuses on assembly and mounting systems, including back-end semiconductor manufacturing equipment, targeting medium- to long-term growth areas within the global electronics supply chain.

Average Trading Volume: 605,261

Technical Sentiment Signal: Buy

Current Market Cap: Yen666.7B

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