Energy & Power

Furukawa electric co., ltd.

Company Profile Analysis

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Furukawa electric co., ltd. - Energy & Power showcase

Year Founded & Workforce

Not available

Industry

Energy & Power

Services

F

Furukawa electric co., ltd. Overview

Furukawa electric co., ltd. is engaged in the business of manufacturing cable and copper products. It offers optical fibers, wiring materials, construction tools, power cables, fire prevention products, electrical conductors, power distribution products, wire harness, connectors, electronic parts, and heat insulators. It operates through four business segments namely, electronics & automotive systems, infrastructure, functional products, and service & developments. Its products are used in the industries such as telecommunication, energy, automotive, electronics, and construction.

Furukawa electric co., ltd. has its presence in the countries such as the US, Mexico, Colombia, the UK, Germany, Italy, Russia, China, Singapore, Indonesia, and Japan. Some of the subsidiaries of the company are The Furukawa Battery Co. Ltd., Furukawa Automotive Systems Inc., Trocellen GmbH, Furukawa Circuit Foil Co.Ltd., and Furukawa Sangyo Kaisha, Ltd.

Strategy

Furukawa electric co., ltd. strategizes to expand its geographic presence and improve operational efficiency by winning new contracts. For instance, in June 2019, the company has signed a contract with Carbon Trust (UK) for design, initial testing and development of a high voltage dynamic export submarine cable in the UK. The company heavily invests in research & development to develop innovative solutions for the power cables. For instance, it has invested USD 183.5 million in 2017 for research & development, which reached USD 190.9 million in 2018.

Company Snapshot

$7,787.3M

Revenue

SWOT Analysis

Strengths

  • Strong market position
  • Reliable supply chain network

Weaknesses

  • Dependence on Japan for revenues

Opportunities

  • Advancements in production technologies
  • Scope for strategic mergers & acquisitions

Threats

  • High environmental regulation compliance costs
  • Increasing labor costs

Key Developments

DateApproachDevelopment
Contracts & AgreementsFurukawa electric co., ltd. has been awarded a contract by PT. PLN (Indonesia) to provide engineering, procurement and construction facilities for the development of 150kV submarine cable Sumatera- Bangka. This would help the company expand its cable business in Indonesia.
Contracts & AgreementsFurukawa electric co., ltd. has been awarded a contract by Carbon Trust (UK) for design, initial testing and development of a high voltage dynamic export submarine cable. This is expected to help the company expand its cable business in the UK.

Product Offering

  • Furukawa electric co., ltd.
    • Submarine Power Cables

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Furukawa electric co., ltd. as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Furukawa electric co., ltd.

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