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Producer Manufacturing

Furukawa Electric Co., Ltd.

Business Summary

Furukawa Electric Co., Ltd. engages in the business development of 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 2020 JPYUSD
Revenue914,439M8,410.50M
Gross Profit150,239M1,381.81M
Operating income23,565M216.73M
Income before tax30,751M282.83M
Net income17,640M162.24M
EBITDA53,642M493.36M
Diluted EPS250.242.30
Dividends Per Share850.78
Total Assets794,616M7,360.62M
Total liabilities521,582M4,831.47M
Total equity240,280M2,225.74M
Operating cash flow41,942M385.75M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 874,879M 843,344M 967,333M 991,590M 914,439M
Gross Profit 140,844M 155,230M 167,362M 168,327M 150,239M
Operating income 28,224M 38,624M 44,805M 40,843M 23,565M
Income before tax 21,380M 27,965M 40,466M 35,757M 30,751M
Net income 10,007M 17,570M 28,547M 29,108M 17,640M
EBITDA 52,064M 62,613M 70,510M 67,702M 53,642M
Diluted EPS 141.70 249.15 405.04 412.96 250.24
Dividends Per Share 40 55 80 85 85
Total Assets 705,725M 750,126M 808,632M 818,021M 794,616M
Total liabilities 507,138M 513,073M 536,560M 538,106M 521,582M
Total equity 173,163M 206,713M 236,519M 247,659M 240,280M
Operating cash flow 41,569M 40,402M 38,429M 46,460M 41,942M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 7,285.54M 7,788.00M 8,727.88M 8,941.72M 8,410.50M
Gross Profit 1,172.87M 1,433.49M 1,510.04M 1,517.89M 1,381.81M
Operating income 235.03M 356.68M 404.25M 368.30M 216.73M
Income before tax 178.04M 258.24M 365.10M 322.44M 282.83M
Net income 83.33M 162.25M 257.56M 262.48M 162.24M
EBITDA 433.56M 578.21M 636.18M 610.50M 493.36M
Diluted EPS 1.18 2.30 3.65 3.72 2.30
Dividends Per Share 0.33 0.50 0.72 0.76 0.78
Total Assets 6,278.97M 6,731.81M 7,603.49M 7,390.53M 7,360.62M
Total liabilities 4,512.10M 4,604.44M 5,045.22M 4,861.59M 4,831.47M
Total equity 1,540.66M 1,855.09M 2,223.96M 2,237.51M 2,225.74M
Operating cash flow 346.16M 373.09M 346.73M 418.95M 385.75M

Valuation Measures

Mar 2020
PER7.85
ROA2.18%
ROE7.23%
Operating margin2.57%
Profit margin1.92%

Key executives

  • President & Representative Director: Keiichi Kobayashi
  • Director, Executive Officer & GM-Finance: Akihiro Fukunaga
  • Managing Executive Officer, General Manager-R&D: Hisaharu Yanagawa
  • General Manager-Research & Development: Tetsuro Ijichi
  • Representative Director, EVP & GM-Group Innovation: Hiroyuki Ogiwara

Shareholders

  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (5.3%)
  • Nomura Asset Management Co., Ltd. (4.7%)
  • Mizuho Bank Pension Fund (3.4%)
  • Dimensional Fund Advisors LP (2.7%)
  • The Vanguard Group, Inc. (2.4%)
  • Asahi Mutual Life Insurance Co. (1.9%)
  • Furukawa Co., Ltd. (1.8%)
  • Daiwa Asset Management Co. Ltd. (1.8%)
  • JPMorgan Asset Management (Japan) Ltd. (1.5%)
  • Fuji Electric Co., Ltd. (1.5%)

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 Electric Co. Ltd. /Thick Winding Business/
  • Furukawa Minda Electric Pvt 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 HK 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) Ltd.
  • Furukawa Electric Copper Foil Taiwan 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.
  • PT Furukawa Permintex Autoparts Indonesia

Competitors

  • Prysmian S.p.A.
  • Lumentum Holdings, Inc.
  • LS Corp.
  • Clearfield, Inc.
  • Superconductor Technologies, Inc.
  • Bruker Corporation
  • Iljin Materials Co., Ltd.
Last Updated on 25 May, 2020

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