Furukawa Electric Co., Ltd. Provides Earnings Guidance for the Fiscal Year Ending March 31, 2022
November 03, 2021
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Furukawa Electric Co., Ltd. provided earnings guidance for the fiscal year ending March 31, 2022. For the year, the company expects net sales of JPY 880,000 million, Operating income of JPY 20,000 million, Net income attributable to owners of the parent company of JPY 10,000 million, Net income per share of JPY 142.05.
Furukawa Electric Co Ltd specializes in manufacturing and marketing electric, electronic and telecommunication equipment. Net sales break down by family of products and services as follows:
- electronic equipment (54.1%): automotive components, batteries, fiber-optic amplifiers, etc.;
- telecommunication infrastructures products (28.6%): fiber-optic cables, connectors, couplers, optical transmitters and receivers, routers, etc.;
- electric equipment (14.2%): electric power suppliers, vital lead, electric cables, etc.;
- other (3.2%): primarily real estate services.
Net sales are distributed geographically as follows: Japan (52.6%), China (9.5%), Asia (21.5%) and other (16.4).
FURUKAWA ELECTRIC CO., LTD. 
