Fukuda Corporation Posts Strong Q1 Earnings, Plans Stock Split and Adjusted Dividend

The latest announcement is out from Fukuda Corporation ( (JP:1899) ).

Fukuda Corporation reported consolidated net sales of ¥41.9 billion for the three months ended March 31, 2026, up 4.0% year on year, with operating profit rising 26.4% to ¥2.9 billion and profit attributable to owners of parent jumping 30.6% to ¥2.0 billion. The company’s equity ratio remained solid at just over 60%, underscoring a strong balance sheet, while it plans a two-for-one stock split effective July 1, 2026 and has revised its dividend forecast to reflect the split, signaling continued shareholder returns despite projecting slightly lower full-year profits.

For the full year to December 31, 2026, Fukuda forecasts a 4.5% increase in net sales to ¥175.6 billion but expects modest declines in operating and ordinary profit and a 9.9% drop in profit attributable to owners of parent, implying some margin pressure ahead. Nonetheless, with steady earnings per share guidance adjusted for the stock split and no changes in consolidation scope or accounting policies, the company appears to be prioritizing capital efficiency and liquidity of its shares while maintaining a conservative financial posture.

More about Fukuda Corporation

Fukuda Corporation is a Japan-based construction company listed on the Tokyo Stock Exchange under securities code 1899. The group operates in building and civil engineering, delivering large-scale projects domestically and focusing on stable, long-term infrastructure demand in its core regional markets.

Average Trading Volume: 35,239

Technical Sentiment Signal: Buy

Current Market Cap: Yen71.84B

Learn more about 1899 stock on TipRanks’ Stock Analysis page.