Overview
Nonferrous Metals

Furukawa Electric Co.,Ltd.

Furukawa Electric is a diversified manufacturer operating across three core segments: Infrastructure (optical fiber cables, energy cables, and power infrastructure products), Electrical Components & Electronics (automotive wiring harnesses, batteries, magnet wire, and electronic materials), and Functional Products (copper foil, functional resins, and foam materials). The company serves a broad range of markets including telecommunications, data centers, automotive, energy, and industrial sectors. Key competitive strengths include world-class optical fiber cable technology—such as the industry's highest-density 13,824-fiber cable—and a globally integrated manufacturing and sales network spanning Japan, the Americas, Europe, and Asia.

Market Cap
¥2,036B
US$13.0B
EV
¥2,194B
US$14.0B
Stock¥2,894.5▼-1.76%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
17.6
x
LTM EV/EBIT
26.9
x
LTM PER
22.7
x
LTM PBR
4.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+179.4%pt
1001234
Oct 24, 25 – Oct 23, 26StockTOPIX
1Feb 9, 26Full-year earnings significantly upgraded
2Aug 4, 26Announced ¥100bn investment to double optical fiber capacity
3Aug 19, 26Spillover from US fiber-optic/cable stocks plunge (Aug 18 US market)
4Oct 15, 26CoreWeave bond-price shock triggers AI/semiconductor sector-wide selloff
MC → EV Bridge
2,036BUS$13.0BMarket Cap369BUS$2.35B+ Debt60.7BUS$387M− Cash168BUS$1.07B− Inv. Sec.18.0BUS$115M+ NCI2,194BUS$14.0BEV
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Performance & Balance
Revenue 5Y (¥B)
930US$5.93B'22/31,066US$6.80B'23/31,057US$6.74B'24/31,202US$7.66B'25/31,308US$8.34B'26/3
EBITDA 5Y (¥B)
45.1US$288M'22/354.5US$348M'23/350.1US$320M'24/388.3US$563M'25/3107US$683M'26/3
Net Income 5Y (¥B)
10.1US$64.4M'22/317.9US$114M'23/36.51US$41.5M'24/333.4US$213M'25/372.5US$462M'26/3
Capital Structure
54%
46%
EquityD/E 0.84xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
182US$1.16B342US$2.18B'22/3167US$1.06B336US$2.15B'23/3181US$1.15B346US$2.20B'24/3159US$1.01B322US$2.05B'25/3215US$1.37B333US$2.12B'26/3
Shareholders
Top 10 hold 35.3%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
16.75%
2
Custody Bank of Japan, Ltd. (Trust Account)
6.49%
3
Asahi Mutual Life Insurance Company
1.93%
4
HSBC-FUND SERVICES HSBC - 006 MF EFM
1.56%
5
Nomura Trust and Banking Co., Ltd. (Investment Trust Account)
1.51%
6
Mizuho Trust & Banking Co., Ltd. (Retirement Benefit Trust, Asahi Mutual Life Insurance Company Account; Re-trustee: Custody Bank of Japan, Ltd.)
1.49%
7
STATE STREET BANK AND TRUST COMPANY 505001
1.44%
8
JP MORGAN CHASE BANK 385781
1.43%
9
Mizuho Trust & Banking Co., Ltd. (Retirement Benefit Trust, Mizuho Bank, Ltd. Account; Re-trustee: Custody Bank of Japan, Ltd.)
1.38%
10
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC)
1.35%
Management
10 officers
Hideya MORIHIRA
Representative Director, President and CEO
Apr 1990 Joined the Company Apr 2020 Executive Officer, General Manager of Fiber & Cable Business Division, Information & Communication Solutions Division Apr 2021 Executive Officer, General Manager of Information & Communication Solutions Division and General Manager of Fiber & Cable Business Division May 2021 Executive Officer, General Manager of Information & Communication Solutions Division Apr 2022 Managing Executive Officer, General Manager of Information & Communication Solutions Division Jun 2022 Director and Managing Executive Officer, General Manager of Information & Communication Solutions Division Apr 2023 Representative Director, President Apr 2026 Representative Director, President and CEO (Chief Executive Officer) (current)
1965-07-13
Satoshi MIYAMOTO
Representative Director, Senior Managing Executive Officer, CSO
Apr 1984 Joined Ministry of International Trade and Industry (now Ministry of Economy, Trade and Industry) Jul 1999 Director, Information Disclosure Promotion Office, Policy Evaluation and Public Relations Division, Minister's Secretariat, METI Jun 2001 Deputy Director, New York Office, Japan External Trade Organization (JETRO) Jun 2004 Director, Commerce Division, Commerce and Information Policy Bureau, METI Apr 2006 Seconded to Canon Inc. (under public-private personnel exchange program) Jun 2010 Councilor, Minister's Secretariat, Small and Medium Enterprise Agency, METI Apr 2011 Councilor for Policy Evaluation, Minister's Secretariat, METI Feb 2012 Deputy Director-General, Minister's Secretariat (in charge of Manufacturing Industries Bureau), METI Jun 2013 Deputy President, JETRO Oct 2015 Deputy Commissioner, Small and Medium Enterprise Agency, METI Jun 2016 Commissioner, Small and Medium Enterprise Agency, METI Jul 2017 Retired from METI Nov 2017 Advisor to the Company Apr 2018 Executive Officer, General Manager of General Affairs and CSR Division Apr 2019 Managing Executive Officer, General Manager of General Affairs and CSR Division Jun 2019 Director and Managing Executive Officer, General Manager of General Affairs and CSR Division Apr 2021 Director and Managing Executive Officer, General Manager of Business Infrastructure Transformation Division Apr 2022 Director and Senior Managing Executive Officer, General Manager of Strategy Division Jun 2025 Representative Director and Senior Managing Executive Officer, General Manager of Strategy Division Apr 2026 Representative Director and Senior Managing Executive Officer, CSO (Chief Strategy Officer) (current)
1962-02-20
Kohji AOSHIMA
Representative Director, Managing Executive Officer, CFO
Apr 1992 Joined the Company Apr 2024 Executive Officer, General Manager of Finance Division Jun 2024 Director and Executive Officer, General Manager of Finance Division Apr 2025 Director and Managing Executive Officer, General Manager of Finance Division Jun 2025 Representative Director and Managing Executive Officer, General Manager of Finance Division Apr 2026 Representative Director and Managing Executive Officer, CFO (Chief Financial Officer) (current)
1969-03-04
Takashi TSUKAMOTO
Outside Director
Apr 1974 Joined The Dai-Ichi Kangyo Bank, Ltd. (now Mizuho Bank, Ltd.) Apr 2002 Executive Officer, General Manager of Human Resources Division, Mizuho Corporate Bank, Ltd. (now Mizuho Bank, Ltd.) Mar 2003 Managing Executive Officer, Head of Risk Management Group and Head of Human Resources Group, Mizuho Financial Group, Inc. Apr 2004 Managing Executive Officer, Head of European Region, Mizuho Corporate Bank, Ltd. Mar 2006 Managing Director, Head of Planning Group and Head of Finance and Accounting Group, Mizuho Corporate Bank, Ltd. Apr 2007 Deputy President, Mizuho Corporate Bank, Ltd. Apr 2008 Deputy President and Executive Officer, Head of Finance and Accounting Group, Mizuho Financial Group, Inc. Jun 2008 Director, Deputy President and Head of Finance and Accounting Group, Mizuho Financial Group, Inc. Apr 2009 Director, President, Mizuho Financial Group, Inc. Jun 2011 Director, Chairman, Mizuho Financial Group, Inc.; Director, President, Mizuho Bank, Ltd. Jul 2013 Director, Chairman, Mizuho Financial Group, Inc.; Director, Chairman, Mizuho Bank, Ltd. Nov 2013 Director, Chairman, Mizuho Financial Group, Inc. Apr 2014 Senior Advisor, Mizuho Financial Group, Inc. Apr 2017 Honorary Advisor, Mizuho Financial Group, Inc. Jun 2017 Outside Audit & Supervisory Board Member, the Company Jun 2021 Outside Director, the Company (current) Jul 2023 Special Advisor, Mizuho Financial Group, Inc. (current) Significant concurrent positions: Special Advisor, Mizuho Financial Group, Inc.; Outside Director, Asahi Mutual Life Insurance Company; Outside Director, AEON Co., Ltd.; Outside Director, Internet Initiative Japan Inc.
1950-08-02
Yukiko YABU
Outside Director
Apr 1981 Joined Matsushita Electric Industrial Co., Ltd. (now Panasonic Holdings Corporation) Apr 2006 General Manager, Living Research Laboratory, Technology Division, Home Appliances Company, Panasonic Jan 2011 General Manager, Global Consumer Research Center, Corporate Brand Strategy Division, Panasonic; Director Apr 2012 General Manager, Consumer Research Center, Global Consumer Marketing Division, Panasonic; Director Apr 2013 Director and Group Manager, Consumer Research, Global Marketing Planning Center, Appliances Company, Panasonic Mar 2014 Retired from Panasonic Jun 2014 Outside Director, DUSKIN Co., Ltd. Jun 2015 Outside Director, Takara Holdings Inc. Jun 2016 Outside Director, Daiwa House Industry Co., Ltd. Jun 2019 Outside Director, the Company (current) Jun 2021 Outside Director (Audit and Supervisory Committee Member), IBIDEN Co., Ltd. (current) Significant concurrent positions: Outside Director (Audit and Supervisory Committee Member), IBIDEN Co., Ltd.
1958-06-23
Tamotsu SAITO
Outside Director
Apr 1975 Joined Ishikawajima-Harima Heavy Industries Co., Ltd. (now IHI Corporation) Jun 2006 Executive Officer, Deputy General Manager, Aerospace Business Division, IHI Jan 2008 Executive Officer, General Manager, Aerospace Business Division, IHI Apr 2008 Director and Executive Officer, General Manager, Aerospace Business Division, IHI Apr 2009 Director and Managing Executive Officer, General Manager, Aerospace Business Division, IHI Apr 2011 Representative Director and Executive Vice President, IHI Apr 2012 Representative Director, President and Chief Operating Officer, IHI Apr 2016 Representative Director, Chairman and Chief Executive Officer, IHI Apr 2017 Representative Director, Chairman, IHI Apr 2020 Director, IHI Jun 2020 Senior Advisor, IHI Jun 2021 Outside Director, the Company (current) Apr 2024 Special Advisor, IHI Corporation (current) Significant concurrent positions: Special Advisor, IHI Corporation; Outside Director, Oki Electric Industry Co., Ltd.; Outside Director, Kajima Corporation; Chairman, New Energy and Industrial Technology Development Organization (NEDO)
1952-07-13
Takaho HOSHINO
Outside Director
Apr 1987 Joined Ministry of International Trade and Industry (now Ministry of Economy, Trade and Industry) Jun 2003 Planning Officer, Secretariat, Minister's Secretariat, METI Jul 2004 Deputy Director and Director, Business Innovation Center, JETRO San Francisco Center Jul 2007 Councilor, Commerce and Information Policy Bureau (in charge of electronic devices), METI Jul 2009 Director, Technical Cooperation Division, Trade and Economic Cooperation Bureau, METI Jul 2011 Director, Non-ferrous Metals Division, Manufacturing Industries Bureau, METI Jul 2012 Chief Engineer and Chief Information Officer, National Institute of Technology and Evaluation (NITE) Feb 2013 Councilor, Reconstruction Agency (in charge of nuclear disaster recovery) Jun 2014 Director, Regional Economy Policy Division, Regional Economy Industry Group, METI Apr 2015 Deputy Director-General, Minister's Secretariat (in charge of industrial technology and standards certification), METI Jul 2016 Deputy Director-General, Minister's Secretariat (in charge of regional economy policy), METI; Deputy Director-General, Cabinet Secretariat, Regional Revitalization Promotion Headquarters; Deputy Director, Regional Revitalization Promotion Office, Cabinet Office Jul 2017 Deputy Director-General for Nuclear Accident Response, Minister's Secretariat, METI Jul 2018 Retired from METI Nov 2018 Specially Appointed Researcher, Department of Materials Engineering, Graduate School of Engineering, The University of Tokyo Apr 2019 Specially Appointed Professor, same department (current) Sep 2019 Deputy Director, Office for Industry-Academia Collaboration, The University of Tokyo Jun 2024 Outside Director, the Company (current) Significant concurrent positions: Specially Appointed Professor, Graduate School of Engineering, The University of Tokyo
1962-05-16
Hiroyuki OGIWARA
Director, Full-time Audit and Supervisory Committee Member
Apr 1983 Joined the Company Apr 2014 Executive Officer, General Manager of Finance and Procurement Division Jun 2014 Director and Executive Officer, General Manager of Finance and Procurement Division Apr 2016 Director and Managing Executive Officer, General Manager of Finance and Procurement Division and General Manager of Group & Global Management Promotion Division Apr 2017 Director and Senior Managing Executive Officer, General Manager of Finance and Procurement Division and General Manager of Group & Global Management Promotion Division Apr 2018 Director and Senior Managing Executive Officer, General Manager of Finance and Procurement Division Apr 2019 Representative Director and Executive Vice President, General Manager of Group Transformation Division Apr 2021 Representative Director and Executive Vice President, General Manager of Corporate Division Apr 2022 Director and Executive Vice President Jun 2022 Executive Vice President Apr 2023 Advisor to the Company Jun 2023 Full-time Audit & Supervisory Board Member, the Company Jun 2025 Director (Full-time Audit and Supervisory Committee Member), the Company (current) Significant concurrent positions: Outside Director, Asahi Seiki Manufacturing Co., Ltd.
1961-02-18
Kiyome SUMIDA
Director, Audit and Supervisory Committee Member
Oct 1984 Joined Asahi & Co. (now Azsa LLC) May 1988 Registered as Certified Public Accountant May 2006 Representative Partner, Azsa LLC (now Partner) Aug 2007 Chairman, Auditing Standards Committee, Japanese Institute of Certified Public Accountants Jul 2010 Managing Director, the same institute (in charge of quality control and auditing standards) Jan 2015 Board Member, International Auditing and Assurance Standards Board, International Federation of Accountants Feb 2017 Member, Business Accounting Council, Financial Services Agency Mar 2020 Retired from Azsa LLC Jun 2020 Outside Audit & Supervisory Board Member, the Company Jun 2025 Outside Director (Audit and Supervisory Committee Member), the Company (current) Significant concurrent positions: Outside Director (Audit and Supervisory Committee Member), Advantest Corporation; Outside Director, Japan Exchange Group, Inc.
1961-01-28
Takao SHIOMI
Director, Audit and Supervisory Committee Member
Apr 1975 Joined Itochu Corporation Apr 2000 General Manager, Automotive Business Strategy Office, Itochu Feb 2001 General Manager, Corporate Planning Department, Finance, Real Estate, Insurance & Logistics Company, Itochu Jun 2004 Executive Officer, General Manager, Logistics Division, Itochu Apr 2005 Executive Officer, General Manager, Finance Division, Itochu Jun 2006 Managing Director, President, Finance, Real Estate, Insurance & Logistics Company, Itochu May 2008 Retired from Itochu Jun 2008 Deputy President, Representative Director, Orient Corporation Mar 2012 Retired from Orient Corporation Apr 2012 Managing Executive Officer, President, Machinery Company, Itochu Jun 2012 Representative Director, Managing Executive Officer, President, Machinery Company, Itochu Jun 2014 Representative Director, Senior Managing Executive Officer, President, Machinery Company, Itochu Mar 2016 Retired from Itochu Apr 2016 Senior Managing Executive Officer, Isuzu Motors Limited Jun 2016 Deputy President and Director, Isuzu Motors Limited Jun 2018 Retired from Isuzu Motors Limited Aug 2018 Chairman, Itochu Group Corporate Pension Fund Jun 2021 Outside Audit & Supervisory Board Member, the Company Aug 2021 Retired as Chairman, Itochu Group Corporate Pension Fund Jun 2025 Outside Director (Audit and Supervisory Committee Member), the Company (current)
1952-11-25
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Disclosures
No disclosures
Primary Source Filings
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