tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Furukawa Electric Reports 16 Billion Yen Gain from Securities Sale

Story Highlights
Furukawa Electric Reports 16 Billion Yen Gain from Securities Sale

TipRanks Cyber Monday Sale

An announcement from Furukawa Electric Co ( (JP:5801) ) is now available.

Furukawa Electric Co., Ltd. announced the sale of a portion of its investment securities, resulting in an extraordinary income gain of 16 billion yen. This transaction has been incorporated into the company’s financial forecasts for the fiscal year ending March 31, 2026, and any revisions to earnings forecasts will be disclosed promptly.

The most recent analyst rating on (JP:5801) stock is a Buy with a Yen12092.00 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 Prime Market of the Tokyo Stock Exchange.

Average Trading Volume: 7,878,027

Technical Sentiment Signal: Buy

Current Market Cap: Yen675.7B

For a thorough assessment of 5801 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1