FUJI CORPORATION LIMITED

8860 フジ住宅株式会社

Real Estate · Prime · TSE: Disclosed

PRICE: ¥777 · MKT CAP: ¥28.3B · P/E: 5.9x · P/B: 0.48x · DIV YIELD: 4.1%

PRICE — 5Y

Characteristics & Business Summary

Fuji Corporation Limited designs, constructs, and sells detached houses and condominiums in Japan. The company operates through five segments: Real Estate Business, Land Utilization Business, Rental and Management Business, Construction-related Business, and...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Net Sales	121,542	118,699	114,474	120,389	123,927	138,332	—
Operating Profit	3,987	5,871	6,091	7,265	7,894	8,295	—
Ordinary Profit	3,558	5,627	5,744	6,643	6,987	6,996	—
Net Profit	2,359	3,869	3,818	4,559	4,764	4,757	—
EPS	¥65	¥107	¥104	¥124	¥131	¥131	—
DPS	¥27	¥27	¥27	¥30	¥32	¥16	—

Balance Sheet & Valuation Highlights

Total Assets ¥193B

Net Assets (Equity) ¥58B

Equity Ratio 30.2%

ROE (Return on Equity) 8.3%

Cash & Equivalents ¥22B

Interest-Bearing Debt ¥114B

Capital Expenditure (CapEx) ¥12B

Depreciation & Amort. ¥2B

Major Shareholders

1. 一般社団法人今井光郎文化道徳歴史教育研究会 16.7%
2. Business Partner Stock Ownership Plan 8.7%
3. 一般社団法人今井光郎幼児教育会 7.4%
4. Japan Master Trust Bank 6.8%
5. Employee Stock Ownership Plan 3.0%
6. The Master Trust Bank of Japan, Ltd. (Trust Account) 2.8%
7. Japan Custody Bank 2.6%
8. The Master Trust Bank of Japan, Ltd. (Trust Account) 1.9%
9. The Kiyo Bank, Ltd. 1.6%
10. Sumitomo Mitsui Banking Corporation 1.1%

Activist Activity

SMBC Nikko Securities Inc. 3.76%

2026-04-07 · change

SMBC Nikko Securities Inc. 6.81%

2026-03-23 · initial_5pct

SMBC Nikko Securities Inc. 3.13%

2025-04-22 · change

SMBC Nikko Securities Inc. 5.36%

2025-03-24 · initial_5pct

SMBC Nikko Securities Inc. 3.12%

2024-04-22 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues per share	¥3,356	¥3,277	¥3,113	¥3,274	¥3,402	¥3,798	—
FCF/Share	¥622	¥-39	¥70	¥-55	¥-368	¥-93	—
EPS	¥65	¥107	¥104	¥124	¥131	¥131	—
DPS	¥27	¥27	¥27	¥30	¥32	¥16	—
Capital Spending per share	¥152	¥214	¥175	¥218	¥443	¥338	—
Book Value per share	¥1,144	¥1,224	¥1,279	¥1,381	¥1,492	¥1,582	—
Common Shares Outstanding	36M	36M	37M	37M	36M	—	—

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues (Net Sales)	¥122B	¥119B	¥114B	¥120B	¥124B	¥138B	—
Operating Margin (%)	3.3%	4.9%	5.3%	6.0%	6.4%	6.0%	—
Net Profit (owners)	¥2B	¥4B	¥4B	¥5B	¥5B	¥5B	—
Net Profit Margin (%)	1.9%	3.3%	3.3%	3.8%	3.8%	3.4%	—
Working Capital	¥-4B	¥-6B	¥-4B	¥-4B	¥-9B	¥-9B	—
Total Debt (Interest-bearing)	¥87B	¥88B	¥88B	¥95B	¥108B	¥114B	—
Net Worth (Common Equity)	¥41B	¥44B	¥47B	¥51B	¥54B	¥58B	—
Return on Total Assets (ROA)	1.6%	2.5%	2.5%	2.7%	2.6%	2.5%	—
Return on Common Equity (ROE)	5.7%	8.7%	8.1%	9.0%	8.8%	8.3%	—

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.