Furukawa Electric Co., Ltd.
FUWAY
Other OTC10.41
USD
-0.45
- -
Furukawa Electric Co., Ltd.
FUWAY
(Other OTC)
Recent
price
10.41
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Furukawa Electric Co., Ltd. Furukawa Electric Co., Ltd. manufactures and sells electrical and electronic products worldwide, operating through three main segments: Infrastructure, including communications solutions such as optical fibers, optical components, FTTx products, broadband systems, routers, network equipment, and energy infrastructure encompassing power cables, cable-related equipment, connection and terminal products, industrial machine-related equipment, power distribution products, fire-prevention products, and cable conduit materials; Electronics & Automotive Systems, featuring automotive products like wire harnesses, connectors, functional products and materials for automobiles, interior finishing materials, batteries, and electronics component materials such as electronics parts materials, fluorescent lamp and LED reflectors, tape for semiconductor processes, and copper foil products; and Functional Products, covering water distribution piping, fluid transport piping, heat insulators, thermal management solutions, healthcare products, construction materials, and memory disks. The company targets telecommunications, data centers, energy, broadband, automobile, electronics, and construction industries, serving customers from power plants to end-users with applications in superconductors, peripheral monitoring radars, superelastic alloys, and high-temperature superconducting power cables. Founded in 1920 through the consolidation of Yokohama Electric Cable Manufacturing Company and Nikko Copper Electrolyzing Refinery, a subsidiary of Furukawa Kogyo Co., Ltd., with roots tracing back to 1884, Furukawa Electric maintains its headquarters at Tokiwabashi Tower, 6-4 Otemachi 2-chome, Chiyoda-ku, Tokyo, Japan, and conducts geographic operations across Asia, North America, Europe, Latin America, and other regions through subsidiaries and joint ventures such as Furukawa Electric Cables (Malaysia), Furukawa Automotive Systems Inc., and manufacturing bases in China, Thailand, Mexico, Philippines, India, and Morocco. Recent major changes include the acquisition of a 67% stake in Hakusan Inc., completed on January 30, 2025, to expand the MT connector business for hyperscale data centers and achieve the world's top share in low-loss MT connectors; advancement of a partnership with Tokamak Energy in June 2025 to establish a joint operational base in Japan for fusion energy power plant magnets, building on a 2023 investment agreement; and a July 2024 joint investment with Tokyo Century Corporation and Advantage Partners in Sustainable Battery Holdings to acquire Furukawa Battery, enhancing battery operations through synergies with Energywith.
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