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Furukawa Electric Co ( (JP:5801) ) has provided an update.
Furukawa Electric Co., Ltd. announced a delay in the commencement of a tender offer for shares of its subsidiary, The Furukawa Battery Co., Ltd., by AP78 Co., Ltd. This delay is due to ongoing consultations with the Japan Fair Trade Commission regarding competition law procedures. The tender offer is now expected to begin by mid-August 2025, and Furukawa Electric is assessing the potential impact of this schedule change on its future outlook.
The most recent analyst rating on (JP:5801) stock is a Buy with a Yen4950.00 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. operates in the electrical and electronics industry, focusing on the production of electrical equipment and components. The company is known for its involvement in the manufacturing of cables, wires, and other related products, catering to various sectors including telecommunications and energy.
Average Trading Volume: 3,234,645
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen484.2B
For a thorough assessment of 5801 stock, go to TipRanks’ Stock Analysis page.