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Japanese maker of optical fiber/cable and electric wire, plus automotive wiring harnesses.
Japanese maker of optical fiber/cable and electric wire, plus automotive wiring harnesses.
Sells optical fibre, cable and the connectors and splicing gear that join them, increasingly to data-center builders, alongside flexible circuit boards and automotive wiring. The telecom and data-center side has become its main profit source.
In one line: A smaller Corning/Sumitomo Electric peer.
Moat: narrow (scale, process know-how, customer qualification). Established fiber and harness manufacturing scale, but competes with larger Sumitomo Electric/Furukawa in commodity-like products.
Headquarters: Tokyo, Japan · Founded: 1885 · Employees: 50,586
Size Fujikura (5803.T) is a Japan Industrials company (Electrical Products) with a market value of $33.0B, the 46th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,962 on 6 Nov 2026.
Performance Over six months the shares fell 50.4%, against -26.2% for the median peer and +1.8% for the Japan market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 27.9% over the last twelve months (peer median +16.4%); the operating margin is 19.2% (peer median 11.2%).
Valuation It trades at 14.3× forward earnings against a peer median of 20.3× (3rd cheapest of 20).
Price implies For today's price to make sense, revenue must grow about 29% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is +16 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 13.9 points above its cost of capital (15.3% WACC).
Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥1.32T | ¥1.18T | ¥979B | ¥800B | ¥806B |
| Revenue growth | — | +21% | +22% | -1% | — |
| Gross profit | ¥408B | ¥332B | ¥260B | ¥171B | ¥168B |
| EBITDA | ¥280B | ¥215B | ¥158B | ¥93.6B | ¥100B |
| Net income | ¥206B | ¥157B | ¥91.1B | ¥51.0B | ¥40.9B |
| Free cash flow | n/a | ¥93.8B | ¥86.8B | ¥73.6B | ¥42.7B |
| Capital expenditure | n/a | ¥39.1B | ¥29.1B | ¥20.8B | ¥15.4B |
| Total debt | ¥116B | ¥108B | ¥169B | ¥198B | ¥213B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Fujikura 5803.T | $33.0B | -50% | +28% | 19% | 14.3× | 28.9% |
| Sumitomo Electric Industries 5802.T | $27.3B | -47% | +14% | 9% | 11.4× | 13.3% |
| Furukawa Electric 5801.T | $8.75B | -54% | +13% | 6% | 11.9× | n/a |
| Corning GLW | $91.4B | -43% | +19% | 17% | 25.4× | 24.7% |
| Prysmian PRY.MI | $33.9B | -35% | +17% | 8% | 20.2× | 13.1% |
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.
| Measure | 5803.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -49.4% | -8.6% | lowest of 21 |
| 6-month return | -50.4% | -26.2% | lowest of 21 |
| Distance from 52-week high | -62.7% | -35.5% | 3rd lowest of 21 |
| Revenue growth (TTM) | +27.9% | +16.4% | 7th highest of 21 |
| Operating margin | 19.2% | 11.2% | 7th highest of 21 |
| Forward P/E | 14.3× | 20.3× | 3rd cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 28.9% | 13.2% | 3rd most demanding of 16 |
| Growth delivered (Del g) | +12.9% | +11.6% | 8th highest of 16 |
| Hurdle (Req g minus delivered) | +16.0 pp | +4.0 pp | 4th most demanding of 16 |
| ROIC minus cost of capital | +13.9 pp | +3.6 pp | 4th highest of 21 |
| EV / EBITDA | 18.4× | 16.7× | 5th most expensive of 10 |
| Net debt / EBITDA | -0.3× | -0.0× | 5th least indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Fujikura 5803.T | Japan | $33.0B | -50% | +28% | 19% | 14.3× | 28.9% | +12.9% |
| Prysmian PRY.MI | Italy | $33.9B | -35% | +17% | 8% | 20.2× | 13.1% | +14.4% |
| Vestas Wind Systems A/S VWS.CO | Denmark | $31.0B | +8% | +10% | 7% | 21.3× | 0.5% | +4.9% |
| NARI Technology 600406.SS | China | $28.6B | -8% | +12% | 13% | 21.7× | 2.5% | +11.4% |
| Samsung Sdi 006400.KS | South Korea | $26.8B | -33% | +21% | 0% | 45.9× | n/a | n/a |
| Rockwell Automation ROK | United States | $41.7B | -17% | +11% | 14% | 25.0× | 27.2% | +5.7% |
| Shengyi Technology 600183.SS | China | $25.7B | -8% | +56% | 22% | 20.3× | 20.5% | +14.1% |
| Sungrow Power Supply 300274.SZ | China | $25.3B | -40% | -24% | 12% | 14.9× | 12.1% | +35.8% |
| Hubbell HUBB | United States | $22.7B | -13% | +16% | 21% | 19.1× | 10.5% | +9.7% |
| Ametek AME | United States | $52.4B | -1% | +14% | 27% | 24.8× | 18.5% | +10.3% |
| Yangtze Optical Fibre & Cable Joint Stock 601869.SS | China | $19.8B | -32% | +68% | 34% | 23.8× | 15.7% | +11.6% |
| LG Energy Solution 373220.KS | South Korea | $58.2B | -27% | +25% | 1% | n/a | n/a | n/a |
| Mitsubishi Electric 6503.T | Japan | $59.9B | -28% | +12% | 10% | 17.1× | 13.2% | +7.1% |
| Mitsubishi Heavy Industries 7011.T | Japan | $62.1B | -37% | -3% | 10% | 22.3× | 9.0% | +6.1% |
| EVE Energy 300014.SZ | China | $17.0B | -28% | +51% | 6% | 15.5× | n/a | n/a |
| Zangge Mining 000408.SZ | China | $15.5B | -26% | +35% | 51% | 12.5× | 22.0% | +13.4% |
| Bharat Heavy Electricals BHEL.NS | India | $15.4B | +3% | +29% | 9% | 41.2× | 44.1% | +14.6% |
| Ningbo Deye Technology 605117.SS | China | $15.3B | -26% | +71% | 27% | 17.3× | 7.9% | +32.1% |
| ABB India ABB.NS | India | $15.2B | -6% | +8% | 13% | 85.7× | 47.3% | +17.8% |
| Hengtong Optic-Electric 600487.SS | China | $14.9B | -38% | +21% | 9% | 11.8× | n/a | n/a |
| TBEA 600089.SS | China | $14.2B | -29% | +12% | 6% | 15.2× | n/a | n/a |