Furukawa Electric to Consolidate CATV Operations Under Renamed Subsidiary

The latest announcement is out from Furukawa Electric Co ( (JP:5801) ).

Furukawa Electric will consolidate its cable TV-related operations by transferring the CATV business of its Broadband Solutions division to wholly owned subsidiary Miharu Communications Inc., effective October 1, 2026. Following the absorption-type split, Miharu Communications will be renamed Furukawa Miharu Solutions Corporation, with no change to Furukawa Electric’s capital and only one new restricted common share issued to the parent.

The reorganization is aimed at eliminating overlapping functions and fragmented branding between the parent and Miharu Communications in the CATV market, streamlining operations and enabling one-stop provision of optical infrastructure. By integrating assets, liabilities and service functions into Miharu Communications, the group seeks to build a unified CATV system solution platform covering design, construction, operation and maintenance, and it expects no issues with the subsidiary’s ability to meet its debt obligations after the split.

The most recent analyst rating on (JP:5801) stock is a Buy with a Yen34000.00 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. is a Japan-based manufacturer specializing in optical cables for telecommunications, metal wires, power cables, automotive wire harnesses and related infrastructure products. Through subsidiaries such as Miharu Communications Inc., it also develops, manufactures, sells and maintains equipment for cable TV, video transmission, broadcasting and wireless communications, serving network operators and CATV providers in Japan and beyond.

Average Trading Volume: 5,334,700

Technical Sentiment Signal: Buy

Current Market Cap: Yen2021.4B

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