Post by Hibiki Path Advisors

17/June/2026 ー Fujikura Composites: FY3/26 Results, A Closer Look at the Growth Drivers of Its Golf Shaft Business Fujikura Composites Inc. (TSE: 5121), one of the core portfolio companies of Hibiki Path Advisors SPC, announced its FY3/26 results on May 11, 2026, and held its earnings briefing on June 12. We would like to share the key points that stood out to us in the latest earnings results. The disclosures offered meaningful insights into both the “offense” and “defense” of the Company’s corporate value enhancement strategy, so we will cover them in two separate posts. In this first part, focused on “offense,” we look at the overall results and unpack the growth story of the Sporting Goods business, the Company’s main earnings driver. In the second part, focused on “defense,” we will discuss the restructuring of the Industrial Goods business, where there is significant scope for earnings improvement, as well as the Company’s capital policy. https://lnkd.in/gyV5cfsS For important information, please refer to the disclaimer at the link above.