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Furukawa Electric Co ( (JP:5801) ) has issued an update.
Furukawa Electric Co., Ltd. announced its plan to record extraordinary income from the sale of some of its listed securities, aiming to enhance capital efficiency and strengthen its financial position. The anticipated gain from this sale, approximately 8.0 billion yen, has been factored into the company’s full-year earnings and dividend forecast, with potential revisions to be disclosed in the future.
More about Furukawa Electric Co
Furukawa Electric Co., Ltd. operates in the electronics industry, focusing on the production and sale of electrical equipment and materials. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its strategic investments and financial management.
YTD Price Performance: 18.44%
Average Trading Volume: 200
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.47B
Learn more about 5801 stock on TipRanks’ Stock Analysis page.
