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Furukawa Electric Co. Reports Strong Q1 Profits and Expands Global Reach

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Furukawa Electric Co. Reports Strong Q1 Profits and Expands Global Reach

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Furukawa Electric Co ( (JP:5801) ) has provided an announcement.

Furukawa Electric Co. reported a significant increase in operating profit by 139.8% for the first three months of the fiscal year ending March 31, 2026, compared to the previous year. The company has also expanded its consolidation scope by including five new subsidiaries, which may enhance its market positioning and operational capabilities.

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 optical fibers, cables, and related components. The company is listed on the Tokyo Stock Exchange and is expanding its market presence through newly consolidated subsidiaries in various countries.

Average Trading Volume: 4,511,131

Technical Sentiment Signal: Buy

Current Market Cap: Yen687.2B

For detailed information about 5801 stock, go to TipRanks’ Stock Analysis page.

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