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Fujikura Ltd ( (JP:5803) ) has issued an announcement.
Fujikura Ltd. has settled a damages lawsuit with Mitsubishi Electric Corporation concerning special electronic cables, agreeing to pay 4.8 billion yen. This settlement will be recorded as an extraordinary loss in Fujikura’s financial statements for the fiscal year ended March 31, 2025, but will not affect the company’s consolidated financial forecasts.
More about Fujikura Ltd
Fujikura Ltd. operates in the electronics industry, specializing in the production of electronic cables and related products. The company focuses on delivering high-quality electronic components to various sectors, including telecommunications and energy.
YTD Price Performance: -25.28%
Average Trading Volume: 733
Technical Sentiment Signal: Hold
Current Market Cap: €7.93B
See more insights into 5803 stock on TipRanks’ Stock Analysis page.