Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥47,310, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 18x in the Electrical industry in Japan. Total returns to shareholders of 1,885% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥33,285 per share. Live News • Jun 10
Furukawa Electric to Merge Optical Components Unit to Boost Data Center Focus Furukawa Electric plans to merge its wholly owned subsidiary Furukawa FITEL Optical Components through an absorption-type transaction, with no new shares or cash involved.
The merger is intended to consolidate optical device and component operations to speed up product development for data centers and improve operational efficiency.
The merger agreement is scheduled to be signed on July 31, 2026, with the transaction expected to take effect on April 1, 2027.
This planned internal merger points to a clearer, more focused structure around Furukawa Electric’s optical communications business, particularly in relation to data center demand.
Execution risks around integration, as well as any costs tied to reorganizing operations, could affect results around the time of the merger. Announcement • Jun 09
Furukawa Electric Co., Ltd. Provides Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2027 Furukawa Electric Co., Ltd. provided consolidated earnings forecast for the fiscal year ending March 31, 2027. For the period, it expects Net sales of JPY 1,460,000 million, Operating profit of JPY 95,000 million and Profit attributable to owners of parent of JPY 82,000 million. Major Estimate Revision • Jun 05
Consensus EPS estimates increase by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2027 has improved. 2027 revenue forecast increased from JP¥1.39t to JP¥1.45t. EPS estimate increased from JP¥1,090 to JP¥1,210 per share. Net income forecast to grow 17% next year vs 17% growth forecast for Electrical industry in Japan. Consensus price target up from JP¥49,844 to JP¥63,878. Share price fell 5.6% to JP¥49,130 over the past week. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥50,910, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 18x in the Electrical industry in Japan. Total returns to shareholders of 2,085% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥65,111 per share. Buy Or Sell Opportunity • May 28
Now 20% undervalued Over the last 90 days, the stock has risen 85% to JP¥52,040. The fair value is estimated to be JP¥65,372, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 71%. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings are also forecast to grow by 20% per annum over the same time period. Price Target Changed • May 22
Price target increased by 12% to JP¥48,400 Up from JP¥43,033, the current price target is an average from 9 analysts. New target price is 10% below last closing price of JP¥54,000. Stock is up 728% over the past year. The company is forecast to post earnings per share of JP¥1,065 for next year compared to JP¥1,030 last year. Reported Earnings • May 13
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: JP¥1,030 (up from JP¥473 in FY 2025). Revenue: JP¥1.31t (up 8.8% from FY 2025). Net income: JP¥72.5b (up 117% from FY 2025). Profit margin: 5.5% (up from 2.8% in FY 2025). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has increased by 189% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • May 13
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 164% to JP¥58,440. The fair value is estimated to be JP¥45,166, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 71%. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings are also forecast to grow by 17% per annum over the same time period. Announcement • May 12
Furukawa Electric Co., Ltd., Annual General Meeting, Jun 26, 2026 Furukawa Electric Co., Ltd., Annual General Meeting, Jun 26, 2026. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥50,430, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 20x in the Electrical industry in Japan. Total returns to shareholders of 2,048% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥45,236 per share. Announcement • May 12
Furukawa Electric Co., Ltd. to Report Q1, 2027 Results on Aug 06, 2026 Furukawa Electric Co., Ltd. announced that they will report Q1, 2027 results at 2:00 PM, Tokyo Standard Time on Aug 06, 2026 Price Target Changed • Apr 08
Price target increased by 13% to JP¥34,978 Up from JP¥30,950, the current price target is an average from 9 analysts. New target price is 19% below last closing price of JP¥42,940. Stock is up 982% over the past year. The company is forecast to post earnings per share of JP¥745 for next year compared to JP¥473 last year. Buy Or Sell Opportunity • Apr 08
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 333% to JP¥42,940. The fair value is estimated to be JP¥35,162, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 55%. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings are also forecast to grow by 18% per annum over the same time period. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥35,740, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 17x in the Electrical industry in Japan. Total returns to shareholders of 1,455% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥34,758 per share. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥160 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 16% but the company is paying out more than the cash it is generating. Trailing yield: 0.6%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.2%). Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥29,310, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 18x in the Electrical industry in Japan. Total returns to shareholders of 1,274% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥13,474 per share. Major Estimate Revision • Mar 04
Consensus EPS estimates increase by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥1.26t to JP¥1.28t. EPS estimate increased from JP¥630 to JP¥704 per share. Net income forecast to shrink 0.7% next year vs 14% growth forecast for Electrical industry in Japan . Consensus price target up from JP¥13,501 to JP¥19,923. Share price was steady at JP¥27,675 over the past week. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to JP¥26,910, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 18x in the Electrical industry in Japan. Total returns to shareholders of 1,118% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥11,669 per share. Major Estimate Revision • Feb 16
Consensus EPS estimates increase by 18% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥1.22t to JP¥1.26t. EPS estimate increased from JP¥536 to JP¥630 per share. Net income forecast to shrink 11% next year vs 14% growth forecast for Electrical industry in Japan . Consensus price target up from JP¥11,512 to JP¥13,501. Share price rose 21% to JP¥21,200 over the past week. Price Target Changed • Feb 10
Price target increased by 17% to JP¥13,501 Up from JP¥11,512, the current price target is an average from 9 analysts. New target price is 37% below last closing price of JP¥21,500. Stock is up 184% over the past year. The company is forecast to post earnings per share of JP¥630 for next year compared to JP¥473 last year. Announcement • Feb 10
Furukawa Electric Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026 Furukawa Electric Co., Ltd. announced that they will report fiscal year 2026 results at 2:00 PM, Tokyo Standard Time on May 12, 2026 New Risk • Feb 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 45% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Large one-off items impacting financial results. Reported Earnings • Feb 10
Third quarter 2026 earnings: EPS and revenues exceed analyst expectations Third quarter 2026 results: EPS: JP¥321 (up from JP¥73.30 in 3Q 2025). Revenue: JP¥338.2b (up 8.5% from 3Q 2025). Net income: JP¥22.6b (up 337% from 3Q 2025). Profit margin: 6.7% (up from 1.7% in 3Q 2025). Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) also surpassed analyst estimates by 110%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to JP¥17,500, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 16x in the Electrical industry in Japan. Total returns to shareholders of 716% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥10,140 per share. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥12,075, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Electrical industry in Japan. Total returns to shareholders of 426% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥9,468 per share. Buy Or Sell Opportunity • Jan 21
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 30% to JP¥12,075. The fair value is estimated to be JP¥9,468, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Announcement • Dec 12
Anhui Wei Guang Wire & Cable Co., Ltd. agreed to acquire Shenyang Furukawa Cable Co., Ltd. from Furukawa Electric Co., Ltd. (TSE:5801) for CNY 10 million. Anhui Wei Guang Wire & Cable Co., Ltd. agreed to acquire Shenyang Furukawa Cable Co., Ltd. from Furukawa Electric Co., Ltd. (TSE:5801) for CNY 10 million on December 11, 2025. A cash consideration of CNY 10 million will be paid by Anhui Wei Guang Wire & Cable Co., Ltd. As part of consideration, CNY 10 million is paid towards common equity of Shenyang Furukawa Cable Co., Ltd.
For the period ending December 31, 2024, Shenyang Furukawa Cable Co., Ltd. reported total revenue of CNY 699 million, EBIT of CNY 1 million and net loss of CNY 28 million. As of December 31, 2024, Shenyang Furukawa Cable Co., Ltd. reported total assets of CNY 993 million and total common equity of CNY 51 million.
The expected completion of the transaction is around February 2026. Announcement • Nov 28
SWCC Corporation (TSE:5805) agreed to acquire remaining 20% stake in Showa Furukawa Cable Co., Ltd. from Furukawa Electric Co., Ltd. (TSE:5801). SWCC Corporation (TSE:5805) agreed to acquire remaining 20% stake in Showa Furukawa Cable Co., Ltd. from Furukawa Electric Co., Ltd. (TSE:5801) on November 27, 2025. Upon completion, SWCC Corporation will own 100% stake in Showa Furukawa Cable Co., Ltd.
As of March 31, 2025, Showa Furukawa Cable Co., Ltd. reported total assets of ¥25.44 billion and total common equity of ¥7.02 billion.
The expected completion of the transaction is March 31, 2026. Buy Or Sell Opportunity • Nov 19
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to JP¥9,738. The fair value is estimated to be JP¥7,814, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Declared Dividend • Nov 12
Dividend of JP¥120 announced Dividend of JP¥120 is the same as last year. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 10
Furukawa Electric Co., Ltd. to Report Q3, 2026 Results on Feb 09, 2026 Furukawa Electric Co., Ltd. announced that they will report Q3, 2026 results on Feb 09, 2026 Buy Or Sell Opportunity • Oct 08
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 32% to JP¥9,676. The fair value is estimated to be JP¥7,986, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 1.5% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Price Target Changed • Sep 11
Price target increased by 7.3% to JP¥10,151 Up from JP¥9,457, the current price target is an average from 9 analysts. New target price is 9.7% above last closing price of JP¥9,250. Stock is up 194% over the past year. The company is forecast to post earnings per share of JP¥553 for next year compared to JP¥473 last year. Price Target Changed • Aug 14
Price target increased by 9.1% to JP¥9,068 Up from JP¥8,309, the current price target is an average from 9 analysts. New target price is 10% above last closing price of JP¥8,211. Stock is up 126% over the past year. The company is forecast to post earnings per share of JP¥546 for next year compared to JP¥473 last year. Reported Earnings • Aug 08
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: EPS: JP¥73.16 (up from JP¥66.37 in 1Q 2025). Revenue: JP¥293.7b (up 7.4% from 1Q 2025). Net income: JP¥5.16b (up 10% from 1Q 2025). Profit margin: 1.8% (in line with 1Q 2025). Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) missed analyst estimates by 27%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 07
Furukawa Electric Co., Ltd. to Report Q2, 2026 Results on Nov 10, 2025 Furukawa Electric Co., Ltd. announced that they will report Q2, 2026 results on Nov 10, 2025 Price Target Changed • Aug 07
Price target increased by 9.1% to JP¥8,680 Up from JP¥7,953, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of JP¥9,103. Stock is up 185% over the past year. The company is forecast to post earnings per share of JP¥540 for next year compared to JP¥473 last year. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥9,751, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Electrical industry in Japan. Total returns to shareholders of 340% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥6,406 per share. Price Target Changed • Jul 30
Price target increased by 10% to JP¥8,309 Up from JP¥7,540, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of JP¥8,694. Stock is up 110% over the past year. The company is forecast to post earnings per share of JP¥526 for next year compared to JP¥473 last year. Buy Or Sell Opportunity • Jul 24
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 81% to JP¥8,118. The fair value is estimated to be JP¥6,325, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Buy Or Sell Opportunity • Jul 08
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 87% to JP¥7,413. The fair value is estimated to be JP¥6,173, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Board Change • Jul 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Outside Director Takao Shiomi was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 27
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥473 (up from JP¥92.39 in FY 2024). Revenue: JP¥1.20t (up 14% from FY 2024). Net income: JP¥33.4b (up 413% from FY 2024). Profit margin: 2.8% (up from 0.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Jun 09
Price target increased by 8.4% to JP¥7,200 Up from JP¥6,644, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of JP¥7,068. Stock is up 70% over the past year. The company is forecast to post earnings per share of JP¥486 for next year compared to JP¥473 last year. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥6,695, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 235% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥7,956 per share. Reported Earnings • May 14
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥473 (up from JP¥92.39 in FY 2024). Revenue: JP¥1.20t (up 14% from FY 2024). Net income: JP¥33.4b (up 413% from FY 2024). Profit margin: 2.8% (up from 0.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 36% per year. Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to JP¥5,620, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 179% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥6,941 per share. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥4,345, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥6,914 per share. Announcement • Apr 02
Furukawa Electric Co., Ltd. (TSE:5801) completed the acquisition of Fujitsu Optical Components Limited from Fujitsu Limited (TSE:6702) for 4.4 billion. Furukawa Electric Co., Ltd. (TSE:5801) agreed to acquire Fujitsu Optical Components Limited from Fujitsu Limited (TSE:6702) on December 12, 2024. For the period ending March 31, 2024, Fujitsu Optical Components Limited reported total revenue of ¥13.68 billion and operating loss of ¥10.28 billion. As of March 31, 2024, Fujitsu Optical Components Limited reported total assets of ¥16.67 billion and total common equity of ¥5.17 billion. The expected completion of the transaction is April 1, 2025.
Furukawa Electric Co., Ltd. (TSE:5801) completed the acquisition of Fujitsu Optical Components Limited from Fujitsu Limited (TSE:6702) for 4.4 billion on April 1, 2025. New Risk • Mar 31
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risk Paying a dividend despite having no free cash flows. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥120 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.9%). Announcement • Mar 11
Furukawa Electric Co., Ltd. (TSE:5801) acquired remaining 50.80% stake in Okano Cable Co., Ltd. Furukawa Electric Co., Ltd. (TSE:5801) acquired remaining 50.80% stake in Okano Cable Co., Ltd. on March 6, 2025. As a result of the transaction, Furukawa Electric now holds 100% of outstanding shares, and Okano Cable has become a wholly-owned subsidiary of Furukawa Electric.
Furukawa Electric Co., Ltd. (TSE:5801) completed the acquisition of remaining 50.80% stake in Okano Cable Co., Ltd. on March 6, 2025. Major Estimate Revision • Mar 10
Consensus EPS estimates increase by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥1.17t to JP¥1.19t. EPS estimate increased from JP¥362 to JP¥408 per share. Net income forecast to grow 7.9% next year vs 2.8% growth forecast for Electrical industry in Japan. Consensus price target broadly unchanged at JP¥7,300. Share price fell 6.3% to JP¥5,835 over the past week. Reported Earnings • Feb 13
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: JP¥73.30 (up from JP¥33.76 loss in 3Q 2024). Revenue: JP¥311.6b (up 19% from 3Q 2024). Net income: JP¥5.17b (up JP¥7.55b from 3Q 2024). Profit margin: 1.7% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 8.6%. Earnings per share (EPS) also surpassed analyst estimates by 10%. Revenue is forecast to stay flat during the next 3 years compared to a 4.1% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Feb 04
Price target increased by 8.6% to JP¥6,878 Up from JP¥6,334, the current price target is an average from 8 analysts. New target price is 6.0% below last closing price of JP¥7,315. Stock is up 166% over the past year. The company is forecast to post earnings per share of JP¥352 for next year compared to JP¥92.39 last year. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥7,924, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Electrical industry in Japan. Total returns to shareholders of 273% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,234 per share. Announcement • Dec 13
Furukawa Electric Co., Ltd. (TSE:5801) agreed to acquire Fujitsu Optical Components Limited from Fujitsu Limited (TSE:6702). Furukawa Electric Co., Ltd. (TSE:5801) agreed to acquire Fujitsu Optical Components Limited from Fujitsu Limited (TSE:6702) on December 12, 2024.
For the period ending March 31, 2024, Fujitsu Optical Components Limited reported total revenue of ¥13.68 billion and operating loss of ¥10.28 billion. As of March 31, 2024, Fujitsu Optical Components Limited reported total assets of ¥16.67 billion and total common equity of ¥5.17 billion.
The expected completion of the transaction is April 1, 2025. Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥6,836, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 13x in the Electrical industry in Japan. Total returns to shareholders of 213% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,516 per share. Buy Or Sell Opportunity • Dec 03
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 107% to JP¥6,845. The fair value is estimated to be JP¥5,418, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has declined by 6.2%. For the next 3 years, revenue is forecast to grow by 1.4% per annum. Earnings are also forecast to grow by 18% per annum over the same time period. Major Estimate Revision • Nov 29
Consensus EPS estimates increase by 15% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥288 to JP¥331. Revenue forecast steady at JP¥1.15t. Net income forecast to grow 8.3% next year vs 2.0% growth forecast for Electrical industry in Japan. Consensus price target up from JP¥4,450 to JP¥5,163. Share price fell 3.1% to JP¥6,155 over the past week. Price Target Changed • Nov 20
Price target increased by 14% to JP¥4,450 Up from JP¥3,913, the current price target is an average from 8 analysts. New target price is 27% below last closing price of JP¥6,055. Stock is up 154% over the past year. The company is forecast to post earnings per share of JP¥288 for next year compared to JP¥92.39 last year. Major Estimate Revision • Nov 14
Consensus EPS estimates increase by 32% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥1.10t to JP¥1.14t. EPS estimate increased from JP¥206 to JP¥272 per share. Net income forecast to shrink 15% next year vs 2.8% growth forecast for Electrical industry in Japan . Consensus price target up from JP¥3,913 to JP¥4,094. Share price rose 50% to JP¥6,056 over the past week. Buy Or Sell Opportunity • Nov 12
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 65% to JP¥5,696. The fair value is estimated to be JP¥4,533, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has declined by 6.2%. For the next 3 years, revenue is forecast to grow by 1.9% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Reported Earnings • Nov 09
Second quarter 2025 earnings: EPS and revenues exceed analyst expectations Second quarter 2025 results: EPS: JP¥92.49 (up from JP¥34.60 loss in 2Q 2024). Revenue: JP¥296.8b (up 16% from 2Q 2024). Net income: JP¥6.52b (up JP¥8.96b from 2Q 2024). Profit margin: 2.2% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) also surpassed analyst estimates by 170%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. 
