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.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-03-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/5801-20260327-01.pdf","jir_short_summary":"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.","jir_summary":"### Overview of Debt Forgiveness\nFurukawa Electric Co., Ltd. resolved to forgive loans amounting to JPY 8,266 million to Viscas Corporation, an equity-method affiliated company, due to its dissolution. Viscas Corporation transferred its main businesses to Furukawa Electric and Fujikura Ltd. in 2016 and is currently completing overseas projects and collecting accounts receivable. The decision for debt forgiveness was reached as business activities wind down.\n\n### Future Outlook and Impact\nThe debt forgiveness follows previous provisions for doubtful accounts, and the impact on the fiscal year 2026 March period\u2019s individual and consolidated financial results is expected to be minimal. Viscas Corporation is scheduled to be dissolved as of March 31, 2026, pursuant to agreement among shareholders.","jir_financial_highlights":"Loans: JPY 8,266 million (Ratio to consolidated net assets for fiscal year ending March 2025: 2.2%)\nNet Assets (Affiliated Company): JPY -15,951 million (as of March 31, 2025) (Unknown)\nTotal Assets (Affiliated Company): JPY 1,463 million (as of March 31, 2025) (Unknown)","jir_category":"","jir_hashtags":"#FurukawaElectric, #DebtForgiveness, #EquityMethodAffiliatedCompany, #GeneralIR, #JapaneseStocks","jir_key_figures":"Amount of Loan Debt Forgiveness: JPY 8,266 million\nNet Assets of Affiliated Company: JPY -15,951 million (as of March 31, 2025)\nTotal Assets of Affiliated Company: JPY 1,463 million (as of March 31, 2025)","jir_meta_title":"Furukawa Electric Decides to Forgive Loans of JPY 8,266 Million to Equity-Method Affiliated Company Viscas","jir_meta_description":"Furukawa Electric Co., Ltd. has decided to forgive loans amounting to JPY 8,266 million to the equity-method affiliated company Viscas Corporation, which is scheduled to dissolve on March 31, 2026. The impact on earnings is expected to be minimal.","jir_og_title":"Furukawa Electric Announces Debt Forgiveness for Affiliated Company Viscas","jir_og_description":"Furukawa Electric has decided to forgive loans totaling JPY 8,266 million to equity-method affiliated company Viscas, leading to its dissolution. The impact is expected to be minimal.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7742,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-37357","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n