TSE:5801Electrical
Furukawa Electric (TSE:5801) Is Up 10.7% After Boosting Guidance And Announcing Major Fiber Expansion
In early August 2026, Furukawa Electric raised its earnings guidance for the first half and full fiscal year to March 2027 and announced large-scale global investments of about ¥100,000 million plus a planned US$500 million expansion of its India joint venture to greatly increase optical fiber and cable capacity by around 2028.
The company’s plans, backed by long-term customer purchase commitments and technical collaborations with Lightera in the U.S. and partners in Japan and India,...