Latest Tokyo Brief coverage on Furukawa Electric Co., Ltd., tracking filings, financial news, and market signals from Japan.
TSE:5801
Optical-cable and connector demand tied to data-center buildouts pushed Furukawa Electric to raise its full-year operating profit target by ¥28.0bn, to ¥123.0bn, and its interim profit forecast by ¥14.5bn.
Furukawa Electric will spend roughly ¥100bn in the US, Brazil, Japan and India to nearly double its rollable ribbon-cable capacity for hyperscale data centers, with customer purchase commitments already in hand but revenue and profit impact not showing up until production ramps from late 2028.