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Furukawa Electric to Invest 100 Billion Yen to Double Rollable Ribbon Cables Capacity

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Furukawa Electric (TYO:5801) said it will invest about 100 billion yen to double its production capacity for rollable ribbon cables in the United States, Brazil, Japan, and India, according to a Tokyo Stock Exchange filing on Tuesday.

The Japan-based manufacturer said that the investments will cover manufacturing equipment for optical fibers and rollable ribbon cables, as well as land and buildings.

The company expects mass production from the investments in the second half of fiscal 2028, and the investments are expected to have a minor impact for the fiscal year ending March 31.

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