Furukawa Electric's (TYO:5801) profit attributable to owners of the parent company for the nine months ended Dec. 31, 2025 soared 117% to 35.5 billion yen, from 16.4 billion yen a year earlier.

The battery manufacturer's basic earnings per share increased to 504.31 yen from 232.17 yen a year ago, according to a Tokyo bourse filing on Monday.

Net sales for the nine months rose 7.6% to 948.9 billion yen from about 882 billion yen in the year-ago period.

In a separate filing, Furukawa Electric raised its forecasts for the full fiscal year ending March 31, 2026, as its current performance is anticipated to exceed earlier projections.

The company now expects attributable profit of 54.0 billion yen from 36 billion yen initially, profit per share of 767.00 yen from 510.83 yen, and net sales of 1.3 trillion yen from 1.2 trillion yen.

Furukawa Electric plans to pay a final dividend of 160.00 yen per share for the current fiscal year.