Fuji Electric Reports Record Sales and Profit Growth

Fuji Electric Co ( (FELTF) ) has released its Q3 earnings. Here is a breakdown of the information Fuji Electric Co presented to its investors.

Fuji Electric Co., Ltd. is a Japanese company specializing in energy solutions, industrial automation systems, semiconductors, and food and beverage distribution, known for its focus on innovation and sustainability. In its latest earnings report for the nine-month period ending December 2024, Fuji Electric recorded a 4% increase in net sales, reaching a new high of ¥791.1 billion, driven by robust demand in energy management and industrial automation. Operating profit and ordinary profit both achieved record highs at ¥68.4 billion, with significant contributions from the energy and industry segments, despite challenges in the semiconductor sector due to rising costs. The company has strategically invested in expanding its production capacity for SiC power semiconductors and systems to meet increasing global demand. Looking forward, Fuji Electric remains committed to enhancing profitability and corporate value through digital technology integration, cost management, and growth in overseas markets, aligning with its medium-term management plan.