Furukawa Electric Co., Ltd.
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.
Key Figures
- Revenue of business subject to split: 7,933 million yen (Fiscal Year Ending March 2025)
- Total assets of business subject to split: 6,586 million yen (As of March 31, 2025)
- Total liabilities of business subject to split: 5,489 million yen (As of March 31, 2025)
AI要約
Overview of Company Split
Furukawa Electric Co., Ltd. has decided to execute an absorption-type company split (simplified absorption-type company split) effective October 1, 2026, transferring its CATV business to its wholly owned subsidiary Miharu Tsushin Co., Ltd. In conjunction with this, Miharu Tsushin will change its trade name to Furukawa Miharu Solution Co., Ltd. The revenue of the business subject to the split amounts to 7,933 million yen, with total assets of 6,586 million yen and total liabilities of 5,489 million yen. This organizational restructuring aims to eliminate overlapping functions and dispersed branding in the CATV market, enhancing operational efficiency and establishing a one-stop service system.
Outlook and Impact
The absorption-type company split is expected to have minimal impact on Furukawa Electric's consolidated financial results. There will be no changes in Furukawa Electric’s company name, location, representative, capital, or fiscal year-end after the split. By unifying operational structures through this reorganization, Furukawa Electric aims to improve management efficiency and accelerate decision-making, thereby strengthening its framework to meet customer needs as a CATV system solution provider.
