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The latest update is out from Furukawa Electric Co ( (JP:5801) ).
Furukawa Electric Co., Ltd. will implement a 10-for-1 stock split of its common shares, aiming to lower the per-unit investment price and broaden its shareholder base by making the stock more accessible to a wider range of investors. The split will apply to shareholders of record on June 30, 2026, and become effective on July 1, 2026, increasing the number of issued shares from 70,666,917 to 706,669,170 without changing paid-in capital.
In conjunction with the stock split, the company will amend its Articles of Incorporation to raise the total number of authorized shares from 250,000,000 to 2,500,000,000, also effective July 1, 2026. This move enhances Furukawa Electric’s flexibility for future equity-related actions and may support long-term capital policy, potentially impacting existing shareholders through greater liquidity and a more diversified investor base.
The most recent analyst rating on (JP:5801) stock is a Buy with a Yen53000.00 price target. To see the full list of analyst forecasts on Furukawa Electric Co stock, see the JP:5801 Stock Forecast page.
More about Furukawa Electric Co
Furukawa Electric Co., Ltd. is a Japan-based manufacturer listed on the Prime Market of the Tokyo Stock Exchange, operating in the electrical and electronics industry. The company focuses on products such as electric wires, cables, and related components, serving industrial, infrastructure, and communications markets in Japan and globally.
Average Trading Volume: 7,317,080
Technical Sentiment Signal: Buy
Current Market Cap: Yen3158.1B
See more data about 5801 stock on TipRanks’ Stock Analysis page.