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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 2021 JPYUSD
Revenue811,600M7,652.45M
Gross Profit128,891M1,215.29M
Operating income8,431M79.49M
Income before tax21,316M200.98M
Net income10,002M94.30M
EBITDA41,214M388.60M
Diluted EPS141.871.33
Dividends Per Share600.56
Total Assets832,044M7,529.81M
Total liabilities540,425M4,890.72M
Total equity259,870M2,351.76M
Operating cash flow-479M-4.51M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 843,344M 967,333M 991,590M 914,439M 811,600M
Gross Profit 155,230M 167,362M 168,327M 151,348M 128,891M
Operating income 38,624M 44,805M 40,843M 23,565M 8,431M
Income before tax 27,965M 40,466M 35,757M 30,751M 21,316M
Net income 17,570M 28,547M 29,108M 17,640M 10,002M
EBITDA 62,613M 70,510M 67,702M 53,642M 41,214M
Diluted EPS 249.15 405.04 412.96 250.24 141.87
Dividends Per Share 55 80 85 85 60
Total Assets 750,126M 808,632M 818,021M 794,616M 832,044M
Total liabilities 513,073M 536,560M 538,106M 521,582M 540,425M
Total equity 206,713M 236,519M 247,659M 240,280M 259,870M
Operating cash flow 40,402M 38,429M 46,460M 41,942M -479M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 7,788.00M 8,727.88M 8,941.72M 8,410.50M 7,652.45M
Gross Profit 1,433.49M 1,510.04M 1,517.89M 1,392.01M 1,215.29M
Operating income 356.68M 404.25M 368.30M 216.73M 79.49M
Income before tax 258.24M 365.10M 322.44M 282.83M 200.98M
Net income 162.25M 257.56M 262.48M 162.24M 94.30M
EBITDA 578.21M 636.18M 610.50M 493.36M 388.60M
Diluted EPS 2.30 3.65 3.72 2.30 1.33
Dividends Per Share 0.50 0.72 0.76 0.78 0.56
Total Assets 6,731.81M 7,603.49M 7,390.53M 7,360.62M 7,529.81M
Total liabilities 4,604.44M 5,045.22M 4,861.59M 4,831.47M 4,890.72M
Total equity 1,855.09M 2,223.96M 2,237.51M 2,225.74M 2,351.76M
Operating cash flow 373.09M 346.73M 418.95M 385.75M -4.51M

Valuation Measures

Mar 2021
PER20.93
ROA1.22%
ROE3.99%
Operating margin1.03%
Profit margin1.23%

Key executives

  • President & Representative Director: Keiichi Kobayashi
  • Director, Executive Officer & GM-Finance: Akihiro Fukunaga
  • General Manager-Research & Development: Tetsuro Ijichi
  • Representative Director & Executive Vice President: Hiroyuki Ogiwara
  • Senior Vice President: Shunichi Nakamura

Shareholders

  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (6.0%)
  • Nomura Asset Management Co., Ltd. (4.9%)
  • Mizuho Bank Pension Fund (3.4%)
  • Asset Management One Co., Ltd. (2.9%)
  • Dimensional Fund Advisors LP (2.9%)
  • Nikko Asset Management Co., Ltd. (2.2%)
  • The Vanguard Group, Inc. (2.0%)
  • Daiwa Asset Management Co. Ltd. (1.9%)
  • Asahi Mutual Life Insurance Co. (1.9%)
  • Furukawa Co., Ltd. (1.8%)

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.
  • 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
  • Furukawa Electric (Shenzhen) Co. Ltd.

Competitors

  • Tai Tung Communication Co., Ltd.
  • Prysmian S.p.A.
  • Optical Cable Corporation
  • Lumentum Holdings, Inc.
  • LS Corp.
  • Clearfield, Inc.
  • ILJIN MATERIALS CO., LTD.
  • Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd Class A
Last Updated on 25 Oct, 2021

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