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Furuno Electric Evaluates Management Strategies and Sets Future Growth Plans

Story Highlights
  • Furuno Electric focuses on improving its Price to Earnings Ratio to enhance market evaluation.
  • The company achieved 2030 growth targets early and plans to enhance Marine business profitability.
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Furuno Electric Evaluates Management Strategies and Sets Future Growth Plans

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An update from Furuno Electric Co., Ltd. ( (JP:6814) ) is now available.

Furuno Electric Co., Ltd. has announced an evaluation of its management strategies with a focus on cost of capital and stock price, following a board meeting on April 9, 2025. The company has maintained a Return on Equity above its shareholder capital cost but aims to improve its Price to Earnings Ratio to enhance its Price to Book Ratio. Furuno has achieved its growth targets for 2030 ahead of schedule and plans to continue strengthening its foundation for sustainable growth. It will enter Phase 3 of its Medium-Term Management Plan in 2026, focusing on improving profitability, particularly in its Marine business, by expanding its aftermarket services.

More about Furuno Electric Co., Ltd.

Furuno Electric Co., Ltd. operates in the electronics industry, focusing primarily on marine electronics and navigation systems. The company is known for its innovative products and services that cater to the maritime sector, enhancing safety and operational efficiency.

YTD Price Performance: -17.39%

Average Trading Volume: 499,418

Technical Sentiment Signal: Sell

Current Market Cap: Yen59.87B

Find detailed analytics on 6814 stock on TipRanks’ Stock Analysis page.

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