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Furukawa Electric Co ( (JP:5801) ) has shared an announcement.
Furukawa Electric Co., Ltd. has completed the acquisition of Fujitsu Optical Components Limited, making it a subsidiary and renaming it to Furukawa FITEL Optical Components Co., Ltd. The acquisition is expected to have minimal impact on the company’s financial results for the fiscal year ending March 31, 2025, with further assessments ongoing for the following fiscal year.
More about Furukawa Electric Co
Furukawa Electric Co., Ltd. operates in the electrical and optical components industry, focusing on the development, manufacture, and sale of optical components. The company is listed on the Prime Market of the Tokyo Stock Exchange.
YTD Price Performance: -19.21%
Average Trading Volume: 200
Technical Sentiment Signal: Sell
Current Market Cap: $2.46B
Find detailed analytics on 5801 stock on TipRanks’ Stock Analysis page.