[Company analysis] Fujikura Ltd. (フジクラ)

「Fujikura Ltd. (フジクラ)」is a non-ferrous metal company that produces optical fibers, electric wires and wire harnesses, and Japan's three largest electric wire companies,「Sumitomo Electric Industries, Ltd.(住友電気工業)」,「Furukawa Electric Co., Ltd.(古河電気工業)」and「Fujikura Ltd.(フジクラ)」.  The number of consolidated employees is approximately 57,228.

 

1. Company Profile

2. Summary and Features

3. Major Business

4. Financial Information

 

 

 

1. Company Profile

 

※Unit is JPY million, as of 2019

Company name	Fujikura Ltd.
Company name (Japanese)	フジクラ
Date of establishment	February 1885
Headquarters location	〒135-8512　東京都江東区木場1-5-1
Capital	53,000
Consolidated sales	710,778
Consolidated operating profit	27,679
Consolidated total assets	638,318
Consolidated capital	240,910
Capital adequacy ratio	37.7%
Consolidated number of employees	57,228

 

 

 

2. Summary and Features

 
「Fujikura」was established in 1885, Ltd, and since its establishment, they have been manufacturing insulated wires as its main product. Even now, this power supply-related business is one of the core businesses of「Fujikura」. They mainly handle a variety of power infrastructure related products, from ultra high voltage 500kV high hydraulic pipe cables to general low voltage cables and industrial cables.

In particular, this company has the world's top share in the field of "optical fiber fusion splicer" that is necessary when connecting optical fiber cables, and they have the world's sixth largest market share in optical fiber. 「Fujikura」also has the world's top share in the elevator cable field for high-rise buildings, and the PCB that is often used in mobile phones and home appliances has the second largest market share in the world, and is still installed in the "Apple" iPhone. 

In addition,「Fujikura」is the world's top level in "superconducting technology", in which electrical resistance becomes zero in the low temperature state of a specific substance, and also the world's top in optical fiber transfer performance technology. In 2012, as a result of an experiment with「NTT(Nippon Telegraph and Telephone Corporation)」at the Hokkaido University / Denmark Institute of Technology, one optical fiber with 12 cores transferred 1 petabyte of data for 52.4 km per second. By the way, 1 petabyte is worth 1,000 times the size of 1 terabyte.

As for the global business,「Fujikura」has factories in Asian countries such as China, Thailand, and Vietnam, and their sales companies are mainly located in developed countries such as the United States. From 2018, overseas sales in the information and communications business have increased, and sales in the energy business have expanded due to the rise in copper prices.グ

 

 

 

3. Major Business

 

■ Energy and information communication business
This is Fujikura's core business since its establishment, and it manufactures products that are indispensable for power infrastructure, from high-hydraulic cables to industrial cables.

■ Electronic related business
They handle electronic components in various fields such as mobile phones, digital cameras, and lightweight FPCs.

■ Automobile related business
They mainly handle parts such as in-house LAN, seat sensor, and power connector, including automotive wire harness.

 

 

 

4. Financial information

 

※Unit is JPY million

		2016	2017	2018
Consolidated sales		653,795	740,052	710,778
Consolidated operating profit		34,230	34,343	27,679
Consolidated total assets		588,626	638,055	638,318
Consolidated net assets		224,546	241,961	240,910
Breakdown of sales	Energy and information communication business	349,656	371,790	354,856
	Electronic business	156,737	195,982	185,065
	Automobile related business	133,107	157,055	154,141
	Real estate business	10,183	10,962	10,883
	Others	4,111	4,261	5,831