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Producer Manufacturing

Furukawa Electric Co., Ltd.

Business Summary

Furukawa Electric Co., Ltd. engages in transmission infrastructure and functional materials businesses. It operates through the following segments: Infrastructure, Electronics and Automotive Systems, Functional Products, and Service and Developments. The Infrastructure segment manufactures and sells optic fiber, optic fiber cable, light related parts, optical semiconductor device, metal communication cable, optical fiber fusion splicer, network equipment, CATV system, and wireless products power cables. The Electronics and Automotive Systems segment provides automobile parts, automobile and industrial use batteries, copper and aluminum wires, processed electronic parts, functional surface products, superconductive and special metal materials. The Functional Products segment offers cable pipe materials, water supply pipe materials, tapes used for semiconductor products, electronic parts, aluminum substrate for hard disk and electrolytic copper foils. The Service and Developments segment include logistics, information processing services, software development, real estate leasing, water-power generation, and new product research and development. The company was founded in 1884 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue930,496M8,280.44M
Gross Profit138,469M1,232.23M
Operating income11,429M101.70M
Income before tax20,430M181.80M
Net income10,094M89.82M
EBITDA45,655M406.28M
Diluted EPS143.381.27
Dividends Per Share600.53
Total Assets935,876M7,710.61M
Total liabilities621,810M5,123.04M
Total equity279,219M2,300.46M
Operating cash flow-13,269M-118.08M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 967,333M 991,590M 914,439M 811,600M 930,496M
Gross Profit 167,362M 168,327M 151,348M 128,891M 138,469M
Operating income 44,805M 40,843M 23,565M 8,431M 11,429M
Income before tax 40,466M 35,757M 30,751M 21,316M 20,430M
Net income 28,547M 29,108M 17,640M 10,002M 10,094M
EBITDA 70,510M 67,702M 53,642M 41,214M 45,655M
Diluted EPS 405.04 412.96 250.24 141.87 143.38
Dividends Per Share 80 85 85 60 60
Total Assets 808,632M 818,021M 794,616M 832,044M 935,876M
Total liabilities 536,560M 538,106M 521,582M 540,425M 621,810M
Total equity 236,519M 247,659M 240,280M 259,870M 279,219M
Operating cash flow 38,429M 46,460M 41,942M -479M -13,269M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 8,727.88M 8,941.72M 8,410.50M 7,652.45M 8,280.44M
Gross Profit 1,510.04M 1,517.89M 1,392.01M 1,215.29M 1,232.23M
Operating income 404.25M 368.30M 216.73M 79.49M 101.70M
Income before tax 365.10M 322.44M 282.83M 200.98M 181.80M
Net income 257.56M 262.48M 162.24M 94.30M 89.82M
EBITDA 636.18M 610.50M 493.36M 388.60M 406.28M
Diluted EPS 3.65 3.72 2.30 1.33 1.27
Dividends Per Share 0.72 0.76 0.78 0.56 0.53
Total Assets 7,603.49M 7,390.53M 7,360.62M 7,529.81M 7,710.61M
Total liabilities 5,045.22M 4,861.59M 4,831.47M 4,890.72M 5,123.04M
Total equity 2,223.96M 2,237.51M 2,225.74M 2,351.76M 2,300.46M
Operating cash flow 346.73M 418.95M 385.75M -4.51M -118.08M

Valuation Measures

Mar 2022
PER15.17
ROA1.14%
ROE3.74%
Operating margin1.22%
Profit margin1.08%

Key executives

  • President & Representative Director: Keiichi Kobayashi
  • Director, General Manager-Finance & Accounting: Akihiro Fukunaga
  • General Manager-Research & Development: Tetsuro Ijichi
  • Senior Vice President: Shunichi Nakamura
  • Vice President: Foad Shaikhzadeh

Shareholders

  • Nomura Asset Management Co., Ltd. (6.8%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (6.6%)
  • Dimensional Fund Advisors LP (3.4%)
  • Mizuho Bank Pension Fund (3.4%)
  • The Vanguard Group, Inc. (2.1%)
  • Nikko Asset Management Co., Ltd. (1.9%)
  • Asahi Mutual Life Insurance Co. (1.9%)
  • Daiwa Asset Management Co. Ltd. (1.9%)
  • Furukawa Co., Ltd. (1.8%)
  • Eastspring Investments (Singapore) Ltd. (1.6%)

Contact Details

  • Website:http://www.furukawa.co.jp
  • Address: Marunouchi Nakadori Building, 5/F, 2-2-3 Marunouchi, Tokyo, 100-8322, Japan
  • Phone: +81.3.3286.3001

Related Companies

  • Furukawa Electric LatAm SA
  • Furukawa Electric Co. Ltd. /Copper Tube Business/
  • Furukawa Electric Magnet Wire America, Inc.
  • Furukawa Minda Electric Pvt Ltd.
  • Jiangsu OFS Hengtong Optical Technology Co. Ltd.
  • VISCAS Corp. /Submarine Transmission Line Bus/
  • Superconductor Technologies & Superpower
  • KANZACC Co. Ltd.
  • Furukawa (Thailand) Co. Ltd.
  • Furukawa Electric Board Benefit Trust
  • Furukawa Sangyo Kaisha Philippines, Inc.
  • PT Furukawa Automotive System Indonesia
  • Furukawa Sangyo Kaisha (Thailand) Ltd.
  • Furukawa Electric Hong Kong Ltd.
  • Furukawa Industrial SA
  • Furukawa Sistemas Automotivos do Brasil Ltda.
  • Furukawa FITEL Optical Products (Shanghai) Co. Ltd.
  • Furukawa Sangyo Kaisha (HK) Ltd.
  • Furukawa Electric Mexico S de RL de CV
  • Furukawa Electric Power Systems (Thailand) Co. Ltd.
  • SHINDO KOGYO Manufacturing Co. Ltd.
  • Furukawa Auto Parts (Huizhou) Co. Ltd.
  • Furukawa Electric Copper Foil Taiwan Co. Ltd.
  • Furukawa FITEL (Thailand) Co. Ltd.
  • Tianjin Furukawa Power Component Co. Ltd.
  • Shanghai Furukawa Electric Power Systems Co. Ltd.
  • Furukawa Thai Holdings Co. Ltd.
  • Furukawa Automotive Systems Vietnam, Inc.
  • Furukawa Automotive Parts (Dongguan) Ltd.
  • Tianjin Jinhe Electric Engineering Co. Ltd.

Competitors

  • Prysmian S.p.A.
  • Optical Cable Corporation
  • Lumentum Holdings, Inc.
  • Clearfield, Inc.
  • Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd Class A
Last Updated on 28 Sep, 2022

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