Fujikura

Basic Information

Stock Code
5803
Industry
Non-Ferrous Metals
Category Detail
Iron, Steel & Metal Products
Prefecture
Tokyo
Establishment Year
March 1910
Listing Year
May 1949
Official Website
https://www.fujikura.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Furukawa Electric, SWCC, Onamba, JMACS, Kanare Electric, Mitsuboshi, Hirakawa Hutech, Advantest, Mitsubishi Heavy Industries

Overview

Fujikura is a major non-ferrous metals manufacturer founded in 1910, with global competitiveness in optical fiber and printed circuit board sectors.

Current Situation

Fujikura reported consolidated sales of approximately 806.5 billion yen and net profit of 69.4 billion yen for the fiscal year ended March 2022, demonstrating solid performance. It holds the world's No. 1 position in optical fiber fusion splicers, No. 3 globally in flexible printed circuit boards, and the top spot domestically in optical fiber-related products. Performance is supported by demand for communication infrastructure development both domestically and internationally, with printed circuit boards and electronic components continuing to grow as core businesses. In recent years, it has strengthened overseas production bases, pursued new market development, and focused on higher value-added products. In 2010, it completed the 'Fukagawa Garia' complex development on the former Fukagawa factory site and expanded into real estate leasing. As a member of the Mitsui Group, it maintains a stable management foundation and emphasizes sustainable business operations. It has 112 subsidiaries and 13 affiliates, diversifying risks through diverse product lines and business expansions. It promotes technological innovation through collaboration and competition with rivals and advances strategic investments for future growth.

Trivia

Interesting Facts

  • Boasts world No. 1 share in optical fiber fusion splicers
  • Flexible printed circuit boards rank No. 3 in world production volume
  • Founded in 1885, with over 100 years of history
  • Member of Mitsui Group with strong financial base
  • Past champion in Urban Corporate Baseball Tournament
  • Self-developed and operates Fukagawa Garia complex
  • One of the big three wire and cable companies, renowned in the industry
  • Adopted in Global Standard Index
  • Large group with 112 domestic subsidiaries
  • Extensive overseas expansion in Thailand, Singapore, Europe, and America
  • Holds world record in yttrium-based oxide superconducting wire
  • Introduced F-motif logo for 100th anniversary
  • Diversified company providing products across multiple industries
  • Handles everything from materials to finished products with advanced technology
  • Strength in optical fiber-related products essential for communications equipment

Hidden Connections

  • Strong capital and business ties with diverse Mitsui Group companies
  • Established joint ventures with Mitsubishi Electric Wire and Nishi Nippon Electric Wire for collaboration
  • Attracting attention from international investors due to MSCI Global Standard Index adoption
  • Optical fiber splicers contribute to communications infrastructure worldwide
  • Fukagawa Garia succeeds as a complex facility contributing to regional revitalization
  • Former baseball team members achieved consecutive wins in Urban Corporate Baseball
  • Competition and cooperation with wire big three like Furukawa Electric and Sumitomo Electric
  • Influenced industry reorganization through integration of subsidiary Bisukasu's power business

Future Outlook

Growth Drivers

  • Increasing demand for optical fiber in communications infrastructure
  • Expansion of electrical equipment demand from automotive electrification and electronification
  • Expanding use of high-function printed circuit boards in smart devices
  • Strengthening business expansion in overseas emerging markets
  • Development of environmentally responsive materials for decarbonization society
  • Increasing demand for network equipment from IoT and 5G proliferation
  • Shift to high-precision, high-performance products
  • Enhanced collaboration and resource utilization with Mitsui Group
  • New business development through technological innovation
  • Risk diversification effects from diversification strategy
  • Production efficiency improvements through digital transformation
  • Expansion of SDGs-compliant products and services

Strategic Goals

  • Maintain and expand world share in optical fiber-related products
  • Build production processes toward zero environmental impact
  • Expand business of overseas local subsidiaries and maximize synergies
  • Develop and launch high value-added electronic components
  • Strengthen real estate business centered on Fukagawa Garia
  • Achieve company-wide operational efficiency through DX promotion
  • Create innovation through diverse talent utilization
  • Establish safe and secure product supply system
  • Promote sustainable procurement
  • Set continuous improvement in ESG ratings as ongoing goal

Business Segments

Communications Infrastructure Equipment

Overview
Supplies high-speed, high-quality wires and optical communication equipment, supporting the stability of communications infrastructure.
Competitiveness
World's top share in fusion splicers and strong R&D capabilities
Customers
  • Telecom carriers
  • Network construction companies
  • Internet service providers
  • Data center operators
  • Public communications agencies
  • Local government communications departments
Products
  • Optical Fiber Fusion Splicers
  • Optical Fiber Cables
  • Communication System Equipment
  • Network Management Devices

Electronic Components & Circuit Boards

Overview
Provides high-function electronic components and circuit boards, contributing to higher performance in electronic equipment.
Competitiveness
High-precision manufacturing technology and diverse product lineup
Customers
  • Smartphone manufacturers
  • Automakers
  • Home appliance makers
  • Industrial machinery manufacturers
  • Semiconductor equipment makers
Products
  • Printed Circuit Boards
  • Wire Harnesses
  • Connectors
  • Sensors
  • Electronic Circuit Boards

Automotive Electrical Equipment

Overview
Manufactures highly reliable automotive electrical parts, supporting safety and efficiency improvements.
Competitiveness
Stable quality control and mass production system
Customers
  • Major automakers
  • Electrical equipment suppliers
  • Automotive maintenance companies
Products
  • Ignition Coils
  • Headlight Units
  • Instruments & Meters
  • Wire Harnesses

Energy & Power Systems

Overview
Contributes to stable power supply through manufacturing of power infrastructure wires and parts.
Competitiveness
Development of high heat-resistant, high-durability materials
Customers
  • Power companies
  • Industrial plant operators
  • Equipment construction companies
Products
  • Magnet Wire
  • Transformer Parts
  • Power Supply Cables

Real Estate Leasing

Overview
Secures stable revenue through leasing of owned real estate.
Competitiveness
Long-term operational expertise and location advantages
Customers
  • Office tenants
  • Commercial facility operators
  • Real estate investors
Products
  • Mixed-Use Office Space
  • Commercial Facility Leasing
  • Real Estate Management Services

Equipment Construction-Related

Overview
Deploys equipment provision and construction services for construction and maintenance.
Competitiveness
Engineer network and advanced technical support
Customers
  • Factory operators
  • Power equipment management companies
  • Public facility managers
Products
  • Equipment Design Services
  • Maintenance Power Equipment
  • Construction Machinery Parts

Industrial Materials Supply

Overview
Supports product quality in various industries by providing high-function materials for electronic components.
Competitiveness
Materials development capabilities and multi-variety対応
Customers
  • Electronic equipment manufacturers
  • Automotive parts manufacturers
  • Electrical equipment makers
  • Semiconductor-related companies
Products
  • Insulating Materials
  • Functional Copper Wires
  • High-Performance Films
  • Optical Materials

Overseas Manufacturing & Sales

Overview
Expands globally with product lines responsive to overseas markets.
Competitiveness
Close collaboration with local subsidiaries
Customers
  • Telecom carriers in each country
  • Overseas electronic equipment companies
  • Local construction & manufacturing companies
Products
  • Region-Specific Cables
  • Communication Equipment
  • Printed Circuit Boards

Electronic Equipment Materials Development

Overview
Contributes to product high performance through innovative materials development.
Competitiveness
Accumulated materials technology over many years and product implementation capabilities
Customers
  • Home appliance makers
  • Industrial machinery makers
Products
  • High-Function Insulating Materials
  • Heat-Resistant Dielectric Materials

Special-Purpose Cables

Overview
Provides high-function cables adapted to special environments.
Competitiveness
High quality control and customer customization capabilities
Customers
  • Aerospace industry
  • Medical equipment makers
  • Defense-related companies
Products
  • Special Optical Fiber Cables
  • Environment-Resistant Wires

Printed Circuit Board Applications

Overview
Provides mass production technology for cutting-edge boards for advanced electronic equipment.
Competitiveness
Industry-leading manufacturing technology and quality assurance
Customers
  • Smart device makers
  • In-Vehicle Electronics makers
Products
  • High-Density Wiring Boards
  • Flexible Boards

Sensors & Measurement Equipment

Overview
Supplies high-performance sensors to a wide range of manufacturing industries.
Competitiveness
Robust R&D organization and market needs response
Customers
  • Industrial machinery makers
  • Electronic equipment makers
Products
  • Infrared Sensors
  • Temperature & Pressure Sensors

Competitive Advantage

Strengths

  • World-leading optical fiber connection technology
  • Diverse product portfolio
  • Stable management base from Mitsui Group
  • Abundant domestic and international production sites
  • High technological development capabilities
  • Extensive network of subsidiaries and affiliates
  • Long industry track record and brand power
  • Global sales network
  • Competitive electronic components manufacturing technology
  • Strong customer network
  • Market leadership in optical communications
  • Adaptability to changing automotive markets
  • Flexible response to multi-variety small-lot production
  • Supply system for high-quality products
  • Continuous R&D investment

Competitive Advantages

  • World No. 1 share in optical fiber fusion splicers
  • World No. 3 manufacturing technology in flexible printed circuit boards
  • Leading position in domestic optical fiber market
  • Business support from Mitsui Group network
  • Stable revenue base from broad product lineup
  • Creates high value-added products through advanced materials development
  • Supply stability from production bases domestically and abroad
  • Customization capabilities aligned with diverse customer needs
  • Diversified utilization of real estate assets like Fukagawa Garia
  • Strengthening competitiveness through IoT and smart manufacturing initiatives
  • Reliability from inclusion in global standard indices
  • Establishment of new revenue sources through complex facility operations
  • Comprehensive after-sales service system
  • Expansion of technology and business through collaborations and M&A
  • ESG compliance in pursuit of sustainable management

Threats

  • Global semiconductor shortages constraining parts supply
  • Demand fluctuations in communications market
  • Intensifying global competitive pressures
  • Performance impact from exchange rate fluctuations
  • Geopolitical risks destabilizing overseas operations
  • Rising production costs from stricter environmental regulations
  • Product obsolescence risk from new technologies
  • Fluctuations in major customers' capital investment trends
  • Rising resource prices
  • Supply chain disruptions from natural disasters
  • Labor market talent shortages
  • Cybersecurity threats

Innovations

2024: Development of next-generation optical fiber fusion splicer model

Overview
Developed splicers with higher precision and improved work efficiency.
Impact
Contributes to maintaining and expanding world share

2023: Advancement of flexible printed circuit board manufacturing technology

Overview
Introduced new technology with high-density and high heat-resistant characteristics.
Impact
Meets major customer demands and increases orders

2022: Promotion of smart building transformation at Fukagawa Garia

Overview
Implemented efficient building operations system with IoT integration.
Impact
Improves real estate revenue and reduces environmental impact

2021: New development of high-function insulating materials

Overview
Succeeded in improving characteristics of materials for electric vehicles.
Impact
Accelerates new market development

2020: Integration and efficiency improvement of overseas production bases

Overview
Improved production efficiency in Thailand etc. and implemented management enhancements.
Impact
Contributes to strengthening earnings structure

Sustainability

  • CO2 emissions reduction activities in production processes
  • Waste reduction and recycling promotion
  • Materials development to reduce environmental impact
  • CSR activities aiming for coexistence with local communities
  • Strengthened environmental audits across the supply chain
  • R&D of materials for next-generation electric vehicles
  • Promotion of women's active roles and diversity
  • Thorough safety and health management and process improvements
  • Introduction of energy-efficient equipment
  • Facility operations compliant with green building standards
  • Thorough global compliance
  • Establishment of sustainable procurement standards