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← CockpitCompetitor Analysis › 5801.T Furukawa Electric CoOpen in the cockpit ↗

Furukawa Electric Co5801.TCompetitor analysis, valuation and peers

Japan · JPY·Industrials›Electrical Products

Japanese maker of optical fiber, electric wire/cable, and auto parts, tracing to the historic Furukawa zaibatsu.

≈ A smaller Corning/Sumitomo Electric peerMomentum laggard 0
Mkt cap
$8.75B
US dollars, full cap
Free float
92%
of shares outstanding
$/day
$443M
20-day average traded
Fwd P/E
11.9×
forward earnings
ROIC−WACC
-9.0 pp
WACC 16.3%
Hurdle
n/a
no reverse DCF
Next earnings
3 days
9 Nov 2026
Close · JPY¥1,960
1D-8.6%
1W-36.0%
1M-56.4%
3M-38.8%
6M-53.7%
YTD+97.1%
1Y+111.9%
ATR %13.6%
52w lowhigh68.6% off high

What Furukawa Electric does

Japanese maker of optical fiber, electric wire/cable, and auto parts, tracing to the historic Furukawa zaibatsu.

Sells cable, fiber and wire to carriers, utilities and automakers under long supply relationships. Its US arm, OFS, makes optical fiber and cable for American networks and data centers, which gives it a foothold in the biggest fiber-buying market.

In one line: A smaller Corning/Sumitomo Electric peer.

Products and services

  • Optical fiber & cable
  • Electric wire/cable
  • Automotive parts
  • Metals (copper products)

Customers

  • Telecom carriers/data centers
  • Automakers
  • Construction/electrical contractors

Where it sits in the supply chain

  • Industrials/materials
  • Wire, cable & fiber manufacturing
  • Telecom infrastructure + copper/auto…

What could go right

  • AI data-center fiber demand
  • Infrastructure/grid cable replacement

What could go wrong

  • Copper price volatility
  • Cyclicality in construction/auto end markets

Moat: narrow (scale, process know-how). Long manufacturing history and fiber/cable scale, but competes with larger domestic and global peers on commodity-like products.

Headquarters: Tokyo, Japan · Founded: 1884 · Employees: 49,112

Named competitors

Furukawa Electric at a glance

Size Furukawa Electric (5801.T) is a Japan Industrials company (Electrical Products) with a market value of $8.75B, the 156th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,960 on 6 Nov 2026.

Performance Over six months the shares fell 53.7%, against -19.9% for the median peer and +1.8% for the Japan market (cap-weighted) — 3rd lowest of 19 in its peer set.

Growth Revenue grew 12.9% over the last twelve months (peer median +12.4%); the operating margin is 5.9% (peer median 13.5%).

Valuation It trades at 11.9× forward earnings against a peer median of 15.8× (4th cheapest of 21).

Capital Return on invested capital runs 9.0 points below its cost of capital (16.3% WACC).

Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).

Relative performance

5010015011 May 202611 Aug 20266 Nov 2026Peer median 795801.T 48
Six months, rebased to 100: Furukawa Electric against the median of its 20 peers (local-currency closes).

Furukawa Electric financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥1.38T¥1.31T¥1.20T¥1.06T¥1.07T
Revenue growth—+9%+14%-1%—
Gross profit¥248B¥229B¥200B¥157B¥156B
EBITDA¥125B¥107B¥88.4B¥50.3B¥54.9B
Net income¥89.6B¥72.5B¥33.4B¥6.51B¥15.9B
Free cash flown/a-¥18.0B¥23.1B-¥4.52B¥638M
Capital expendituren/a¥52.1B¥41.5B¥40.3B¥39.3B
Total debt¥353B¥333B¥322B¥349B¥339B

Quarterly statements and history in the cockpit →

Furukawa Electric competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%0%-50%-25%0%0022026887776011796656SMIN3665AYI60187738986504267260600885HAVELLS0028505333600482603195GNRC5801.T6-month return →1-month return →
Up and to the right = strong over both horizons. Furukawa Electric is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%10×20×30×40×06680022026887776011796656SMIN3665AYI60187738986504267260600885HAVELLS0028505333600482INIO6031955801.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Furukawa Electric is the large dot.

Furukawa Electric competitors and peer comparison

Head to head with its named competitors (5801.T vs 5802.T vs 5803.T vs GLW)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Furukawa Electric 5801.T$8.75B-54%+13%6%11.9×n/a
Sumitomo Electric Industries 5802.T$27.3B-47%+14%9%11.4×13.3%
Fujikura 5803.T$33.0B-50%+28%19%14.3×28.9%
Corning GLW$91.4B-43%+19%17%25.4×24.7%
Prysmian PRY.MI$33.9B-35%+17%8%20.2×13.1%

How Furukawa Electric compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Furukawa Electric against its 20 peers (data as of 6 Nov 2026)
Measure5801.TPeer medianRank in peer set
1-month return-56.4%-6.2%lowest of 21
6-month return-53.7%-19.9%3rd lowest of 19
Distance from 52-week high-68.6%-40.2%2nd lowest of 21
Revenue growth (TTM)+12.9%+12.4%11th highest of 21
Operating margin5.9%13.5%2nd lowest of 21
Forward P/E11.9×15.8×4th cheapest of 21
ROIC minus cost of capital-9.0 pp+4.4 pp2nd lowest of 21
EV / EBITDA13.5×13.6×5th cheapest of 10
Net debt / EBITDA2.3×-0.1×3rd most indebted of 11

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Furukawa Electric 5801.TJapan$8.75B-54%+13%6%11.9×n/an/a
Anker Innovations Technology 0668.HKHong Kong$8.68Bn/a+28%11%14.8×22.2%+25.8%
Goldwind Science & Technology 002202.SZChina$8.58B-45%+11%6%16.6×n/an/a
SUPCON Technology 688777.SSChina$8.58B-9%-6%-3%116.4×n/an/a
China XD Electric 601179.SSChina$8.51B-35%+7%8%36.0×n/an/a
Sigenergy Technology 6656.HKHong Kong$8.31B-51%+577%36%11.0×n/an/a
Smiths SMIN.LUnited Kingdom$9.45B+5%-34%16%22.6×15.2%-4.2%
Bizlink 3665.TWTaiwan$8.00B-54%+33%17%14.2×5.3%+25.9%
Acuity AYIUnited States$9.59B+10%+7%16%15.1×6.6%+6.0%
Zhejiang Chint Electrics 601877.SSChina$7.97B-24%+4%14%10.1×-8.3%+12.1%
Zhuzhou CRRC Times Electric 3898.HKHong Kong$7.95B-24%+17%14%7.5×n/an/a
Fuji Electric 6504.TJapan$9.68B-18%+9%12%13.1×11.3%+7.0%
Hd Hyundai Electric 267260.KSSouth Korea$9.71B-71%+21%25%15.0×0.7%+17.6%
Hongfa Technology 600885.SSChina$7.81B+8%+34%14%22.9×9.0%+17.2%
Havells India HAVELLS.NSIndia$7.47B-11%+16%7%44.0×39.8%+16.6%
Shenzhen Kedali Industry 002850.SZChina$7.46B-9%+40%12%22.2×n/an/a
Ngk 5333.TJapan$7.43B-13%+10%16%13.1×4.4%+8.2%
China Shipbuilding Industry Group Power 600482.SSChina$10.3B-21%+13%7%23.4×-19.6%+16.5%
Innio INIOUnited States$10.3Bn/a+22%13%17.5×6.5%+22.1%
Goneo Group Co., Ltd.Class A 603195.SSChina$10.4B-15%-2%25%17.4×-2.1%+9.8%
Generac GNRCUnited States$10.4B-34%+6%13%14.6×20.1%+11.1%

Questions

Who are Furukawa Electric's main competitors?
Named competitors: Sumitomo Electric Industries (5802.T), Fujikura (5803.T), Corning (GLW), Prysmian (PRY.MI). The cockpit's measured peer set (industry) also includes Anker Innovations Technology (0668.HK), Goldwind Science & Technology (002202.SZ), SUPCON Technology (688777.SS), China XD Electric (601179.SS), Sigenergy Technology (6656.HK), Smiths (SMIN.L).
Is Furukawa Electric expensive compared with its peers?
On forward p/e it trades at 11.9× against a peer median of 15.8×, 4th cheapest of 21 in its peer set.
How has Furukawa Electric stock performed?
Over six months to 6 Nov 2026 the shares returned -53.7% against -19.9% for the median peer; over one year +111.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.