Upcoming Disclosure Schedule Regarding the New Medium-Term Business Plan
Furukawa Electric Co., Ltd. announced the successful consolidation of Earth Technica Co., Ltd. as a subsidiary and plans to publish the new medium-term business plan for fiscal years 2027 to 2029 in late February 2027.
(Progress of Disclosure) Notice of Completion of Acquisition of Partial Shares of Earth Technica Co., Ltd.
Furukawa Co., Ltd. has acquired 15,480 shares, equivalent to 60% of the outstanding shares of Earth Technica Co., Ltd., for 7,020 million yen, completing its consolidation as a subsidiary. The remaining 40% shares are scheduled to be acquired on April 1, 2027, for 4,680 million yen.
Notice of Completion of Partial Share Acquisition of Earth Technica Co., Ltd.
Furukawa Co., Ltd. acquired 15,480 shares, equivalent to 60% of the issued shares of Earth Technica Co., Ltd., for 7,020 million yen, completing the consolidation as a subsidiary. The remaining 40% is scheduled to be acquired on April 1, 2027.
Notice Regarding Capital Investment for Production of Heat Dissipation and Cooling Products for Data Centers (Acquisition of Fixed Assets)
Capital investment of approximately 55 billion yen to enhance production of about 51 billion yen in liquid cooling modules and about 4 billion yen in air-cooled heat sinks at factories in the Philippines, Thailand, and China. Mass production planned to start from 2026 onward.
Notice Concerning Debt Forgiveness to Equity-Method Affiliated Company
Furukawa Electric has decided to forgive loans totaling JPY 8,266 million to the equity-method affiliated company Viscas Corporation, which is scheduled to be dissolved as of March 31, 2026.
Notice Regarding Debt Forgiveness to Biscas Corporation
Resolution on March 27, 2026, to forgive long-term loans receivable amounting to 8,266 million yen to Biscas Corporation. The impact on consolidated net assets is minor at 1.9%.
Notice of Company Split (Simplified Absorption-Type Company Split) Associated with Group Organization Restructuring of CATV Business
On October 1, 2026, Furukawa Electric will execute an absorption-type company split transferring its CATV business to wholly owned subsidiary Miharu Tsushin, which will change its trade name to Furukawa Miharu Solution. This integration of a segment with sales of approximately 7.9 billion yen aims to improve management efficiency.
Notice on Investment Policy to Expand Production Capacity of Optical Fiber and SWR®/WTC®
Resolved to invest up to 300 billion yen to increase production capacity of optical fiber and optical cables up to threefold. No changes to earnings guidance for the fiscal year ending March 2026.
Notice of Changes in Executive Officers and Directors and Newly Assigned Roles
Changes in executive officers and directors to take effect on April 1, 2026, and June 26, 2026. Through organizational reforms, new domains and position changes will be made to strengthen the management structure.
Notice Regarding the Execution of Share Transfer Agreement of Earth Technica Co., Ltd.
Furukawa Co., Ltd. will acquire shares of Earth Technica Co., Ltd. from Kawasaki Heavy Industries in two stages, acquiring 60% on April 1, 2026, and the remaining 40% on April 1, 2027.
Notice Concerning Cancellation of Treasury Stock
(Cancellation of Treasury Stock Based on Article 178 of the Companies Act)
Furukawa Co., Ltd. resolved to cancel 3,900,000 shares of treasury stock (10.70% of the total issued shares) on February 27, 2026.
Notice Regarding Revision of Full-Year Earnings Guidance and Year-End Dividend Forecast for Fiscal Year Ending March 2026
Furukawa Co., Ltd. has upwardly revised its full-year consolidated earnings guidance for the fiscal year ending March 2026 to net sales of 206.2 billion yen (4.4% increase from previous forecast), operating income of 11.0 billion yen (16.0% increase), and net income of 9.7 billion yen (12.5% increase), and anticipates increasing the year-end dividend to 50 yen per share.
