FUJICOPIAN CO.,LTD.
7957・Standard Market・Other Products
Printing/Recording Media and Office Supplies-Related Business
Core business accounting for approximately 94% of group sales. Multi-item lineup centered on Thermal Transfer Media.
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment sales (cumulative Q1, FY2026 ending December 2026) | ¥2,111 million | ¥1,841 million (cumulative Q1, FY2025 ending December 2025) | ↑ |
| Segment profit (gross profit) (cumulative Q1, FY2026 ending December 2026) | ¥493 million | ¥342 million (cumulative Q1, FY2025 ending December 2025) | ↑ |
| Segment profit margin (gross profit margin) (cumulative Q1, FY2026 ending December 2026) | 23.4% | 18.6% (cumulative Q1, FY2025 ending December 2025) | ↑ |
| Segment sales (full year, most recent results) | ¥8,039 million (full year FY2025 ending December 2025) | — | — |
| Segment profit (gross profit) (full year, most recent results) | ¥1,700 million (full year FY2025 ending December 2025) | — | — |
Business Details
Manufactures and sells Thermal Transfer Media (ribbons for barcodes, etc.), Impact Ribbon, Tapes, Functional Film "FIXFILM", Others (Various Carbon Papers, etc.), and other products. Manufacturing and sales for domestic and overseas customers are handled by the Company, Fuji Kako Co., Ltd., FC Vietnam Corporation, and Fuji Copian (HK) Limited. Leveraging strengths in converting technology and interfacial control technology, the segment supplies high value-added printing, recording, and functional products for diverse industries.
Recent Overview
In Q1 FY2026 (ending December 2026), sales rose 14.6% year on year and segment profit surged 44.1%, marking substantial improvement.
For the cumulative Q1 period of the fiscal year ending December 2026, segment sales were ¥2,111 million (up 14.6% year on year), and segment profit (gross profit) was ¥493 million (up 44.1% year on year). The core Thermal Transfer Media product rose 9.1%, Impact Ribbon rose 60.1%, and Tapes rose 25.1%, with all major items posting sales growth. Profit improvement was also aided by reduced depreciation expenses in the quarter resulting from the impairment loss recorded in the prior period. Functional Film was the only product to struggle, declining 14.8%.
Key Products
Growth Drivers
- Steady growth in domestic and overseas demand for Thermal Transfer Media (for uses such as barcode ribbons and tape tube applications)
- Substantial sales growth in Impact Ribbon through sales activities based on selection and concentration (up 60.1% year on year in Q1 FY2026 ending December 2026)
- Demand recovery for Tapes, mainly in overseas markets (up 25.1% year on year in Q1 FY2026 ending December 2026)
- Selection and concentration and prioritized allocation of management resources based on business portfolio analysis under the new Medium-Term Management Plan (2026-2030)
- Improved profit margin due to reduced depreciation expenses following the impairment loss recorded in the prior period
- Creation of medium- to long-term TTM demand through collaboration and promotion with major clients using on-demand printing methods
Risks
- Continued sluggish demand for Functional Film (down 14.8% year on year in Q1 FY2026 ending December 2026)
- Risk of downward pressure on overseas sales due to economic slowdown in the Chinese and European markets
- Pressure on gross profit margin from persistently high raw material prices
- Risk of continued structural contraction in the Impact Ribbon market
- Risk of failing to meet planned new product sales due to delays in launching development challenge themes
- Entry into an improvement period due to non-compliance with the Tokyo Stock Exchange's listing maintenance criteria (market capitalization of tradable shares)
Last updated: March 27, 2026