FDK Reports Revenue Drop but Increased Operating Profit for Fiscal Year 2026

TOKYO, Apr 28 (Pulse News Wire) – FDK Corporation (6955.T) reported a revenue decline of ¥35.2 million for the fiscal year ended March 31, 2026, compared to the previous year. Despite lower sales, operating profit increased by ¥2 billion to ¥16 million due to cost reductions and favorable exchange rates.

The company's battery division saw growth in lithium batteries for security and smart meter applications domestically, while nickel-hydrogen batteries declined overseas. Electronic products also faced challenges, particularly in module production which led to reduced revenues.

Overall, FDK recorded a net income increase of ¥2 billion to ¥6.955 billion for the fiscal year. FDK plans to continue focusing on cost optimization and expanding its new businesses.

The company expects modest growth in revenue and profitability for the upcoming fiscal year ending March 2027, projecting a 0.7% rise in sales and improved margins.