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Furukawa Electric Co ( (JP:5801) ) has provided an update.
Furukawa Electric Co. reported a 7.1% increase in net sales and a 15.7% rise in profit attributable to owners for the first half of the fiscal year ending March 31, 2026. The company has expanded its consolidation scope by adding six new subsidiaries, which could enhance its operational capabilities and market reach.
The most recent analyst rating on (JP:5801) stock is a Buy with a Yen11600.00 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 components, submarine cables, and various electrical products. The company is listed on the Tokyo Stock Exchange and is expanding its market presence by consolidating several subsidiaries across different regions.
YTD Price Performance: 57.59%
Average Trading Volume: 8,277,105
Technical Sentiment Signal: Buy
Current Market Cap: Yen725B
For a thorough assessment of 5801 stock, go to TipRanks’ Stock Analysis page.