Corporate Profile (PDF 4.8MB)
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Corporate profile 1 Message from the President We will promote ESG management as a unified group and contribute to the realization of a sustainable society. “Drawing on more than a century of expertise in the development and fabrication of advanced materials, we will contribute to the realization of a sustainable society through continuous technological innovation.” This is the Corporate Philosophy of the Furukawa Electric Group. From our founding in 1884 through to the present day, the conveying, connecting, and storage of energy, information, and heat have been the pillars of our business, and through the four core technologies of metals, polymers, photonics, and high- frequency, we are developing a wide range of products around the world in fields of infrastructure such as telecommunications and energy, as well as in the fields of automotive components and electronics. The DNA of the Furukawa Electric Group comes from the words of our founder, Ichibei Furukawa: “value employees, value customers, value new technology, and contribute to society”. These ideas are linked to the SDGs (Sustainable Development Goals) adopted by the United Nations, and I believe that it is ESG management itself, which gives care and consideration for the environment, society, and governance. Our daily operations are guided by the “three valuables” spoken of by Ichibei Furukawa. Last year, we experienced a grave and unprecedented situation in which economic activity stagnated around the world due to the impact of the COVID-19 epidemic. For us, fiscal 2021 will be “the year of building a powerful company”, during which we will further enhance our ability to respond to changes and prepare to achieve the targets of the next medium-term management plan, which will start in fiscal 2022. Furthermore, by providing Furukawa Electric Group technologies, products, and services in an open, agile, and innovative manner, we aim to protect the health of people and the social infrastructure they live in, to support growth, and to realize a truly affluent and sustainable society. Through these activities, we will meet the expectations of our stakeholders. President Corporate Profile Company name: Furukawa Electric Co., Ltd. President: Keiichi Kobayashi Founded: 1884 Established: June 25, 1896 Paid-in capital: 69,395 million yen * Net sales: 811,600 million yen (Consolidated) ** 392,616 million yen (Non-Consolidated) ** Employees: 48,449 (Consolidated) * 4,084 (Non-Consolidated) * Head office: Tokiwabashi Tower 6-4, Otemachi 2-chome, Chiyoda-ku, Tokyo 100-8322 Japan Kawasumi・Kobayashi Kenji Photograph Office *As of March 31, 2021, **Fiscal year ended March 31, 2021 Scan here for more information on financial condition⇒ https://www.furukawa.co.jp/en/ir/achievements/ 2 Global Network Furukawa Electric North and Group Central America Group employees in total 6,739 people Group companies in total 14 companies Consolidated net sales Group employees in total United States 78.2 billion yen 48,449People (As of March 31, 2021) Mexico Colombia Brazil Denmark Russia Group companies in total Germany Argentina United Kingdom Czech Hungary *1 123 companies Spain Italy (As of March 31, 2021) Morocco South America, Europe and others Group employees in total 3,059 people Consolidated net sales Group companies in total 17 companies 811. 6 billion yen*2 (Fiscal year ended March 31, 2021) Consolidated net sales 74.4 billion yen *1 : The total number is parent company, 109 consolidated subsidiaries and 13 equity method affiliated companies. *2 :Based on location of customers China Group employees in total 4,791people Group companies in total 17 companies Consolidated net sales 82.8 billion yen Japan Group employees in total Korea China 10,798 people India Japan Group companies in total 42 companies Asia Vietnam Taiwan Consolidated net sales (Excluding Japan and China) Thailand 435.2 billion yen Philippines Group employees in total Malaysia 23,062 people Singapore Group companies in total Indonesia 33 companies *Parent company is included in the number of Consolidated net sales group companies in Japan. Net sales values by regions are calculated by the billion yen * 141.0 customers’ locations. Scan here for more information on Furukawa Electric Group⇒ https://www.furukawa.co.jp/en/company/group/japan.html 3 Brief history of the Furukawa Group companies The Furukawa Group The Furukawa Group companies have formed a private organization called Furukawa Sansui-kai, comprising 51 member companies. Led by 10 managing companies, the association attempts to foster close cooperation among Group companies and strives to promote and strengthen the activities of its respective businesses. 1873 1875 First National Head office of Bank 1880 Furukawa 1884 Yasuda Bank 1884 Yamada Cable Works 1888 Honjo Copper Imperial Life 1896 1896 1897 Smeltery 1902 Insurance Yokohama Electric Daiichi Ginko Nippon Kangyo 1911 1906 Cable Manufacturing Bank The Industrial Bank of Japan Furukawa Partnership Nikko Copper Corporation Electrolyzing Refinery BF Goodrich 1917 1917 1918 Furukawa Kogyo Asahi Denka Yokohama Rubber Tokyo Electric 1920 Siemens Manufacturing Light Company (Tokyo Electric Furukawa Electric Power.) 1923 Fuji Electric 1935 Nippon Manufacturing Fuji Tsushinki 1939 Light Metal Manufacturing 1948 1947 1950 1950 Fuji Bank Asahi Mutual Nippon Furukawa Life Insurance ZEON Battery 1967 1963 Fujitsu 1971 Yokohama 1972 Rubber 1984 Fujitsu Ten Daiichi Kangyo 1985 * Bank SKY Fuji Electric Fujitsu General 1989 Aluminum Furukawa 2003 2002 2002 Furukawa -Sky Mizuho Corporate Bank Mizuho Bank 2006 ADEKA Sumitomo Light Metal Industries 2013 Electricity and 2013 electronics UACJ Furukawa Fujitsu General Battery Metals Yokohama Nippon Light Metal Asahi Mutual ADEKA Rubber ZEON Furukawa Holdings Company Furukawa Electric Fuji Electric Fujitsu Mizuho Financial Group Life Insurance Chemistry Finance 10 managing companies of Furukawa Sansui-kai Innovation History of Furukawa ElectricGroup Opened Honjo Copper Smeltery Started manufacturing electric Laid the world's first non-loaded Developed a fully automatic high-precision Established company in Brazil and Yamada Cable Works copper wires carrier submarine cable in the six-high rolling mill manufacturing and selling Founded as manufacturers of wrought copper products and Tsushima Strait aluminum power cables electric cable 1884 1889 1897 1915 1937 1958 1964 1971 1974 Started Japan’s first Manufactured Japan’s first Installed an antenna and Installed a communica World’s first success electrodeposit copper trial submarine electric cable feed line on Tokyo Tower tions network in Bang ful field trial of optical fiber operations kok, Thailand cable 4 1873 1875 First National Head office of Bank 1880 Furukawa 1884 Yasuda Bank 1884 Yamada Cable Works 1888 Honjo Copper Imperial Life 1896 1896 1897 Smeltery 1902 Insurance Yokohama Electric Daiichi Ginko Nippon Kangyo 1911 1906 Cable Manufacturing Bank The Industrial Bank of Japan Furukawa Partnership Nikko Copper Corporation Electrolyzing Refinery BF Goodrich 1917 1917 1918 Furukawa Kogyo Asahi Denka Yokohama Rubber Tokyo Electric 1920 Siemens Manufacturing Light Company (Tokyo Electric Furukawa Electric Power.) 1923 Fuji Electric 1935 Nippon Manufacturing Fuji Tsushinki 1939 Light Metal Manufacturing 1948 1947 1950 1950 Fuji Bank Asahi Mutual Nippon Furukawa Life Insurance ZEON Battery 1967 1963 Fujitsu 1971 Yokohama 1972 Rubber 1984 Fujitsu Ten Daiichi Kangyo 1985 * Bank SKY Fuji Electric Fujitsu General 1989 Aluminum Furukawa 2003 2002 2002 Furukawa -Sky Mizuho Corporate Bank Mizuho Bank 2006 ADEKA Sumitomo Light Metal Industries 2013 Electricity and 2013 electronics UACJ Furukawa Fujitsu General Battery Metals Yokohama Nippon Light Metal Asahi Mutual ADEKA Rubber ZEON Furukawa Holdings Company Furukawa Electric Fuji Electric Fujitsu Mizuho Financial Group Life Insurance Chemistry Finance *Company name changed in 2017( currently DENSO TEN Limited ) 10 managing companies of Furukawa Sansui-kai Contributed to the establishment of Received the Golden Hadron Participated in the Developed Thin Extra-high Count Launching Sales of high-capacity communications based Award from CERN for Floating Offshore Wind the “BRACE® on wavelength multiple Multi-core Optical Fiber Cable with ” Blue-IR xing technology (Mass production of superconducting wire materials Farm Demon stration the World’s Highest Core Density Hybrid Laser 1480 nm pump laser diode modules) Project 1982 2000 2001 2003 2011 2012 2018 2019 2020 Completed large-scale power Contributed to the construction Acquired SuperPower Inc., a high- Established the research Award of contract for development transmission line installation in of a global network by acquiring temperature superconducting materials center in the Silicon of high voltage dynamic export Iran Lucent Technologies’ optical manufacturer in the US. Valley submarine cable for floating offshore fiber division (OFS) wind power plants Scan here for more information on Innovation History of Furukawa Electric Group⇒ https://www.furukawaelectric.com/company/history.html 5 Products Three business segments withfour core technologies Product groups with top-class market share in Japan and overseas Three Business Segments ・Infrastructure ・Electronics & automotive systems ・Functional products Wire harnesses Optical fiber cables Domestic-leading market share World-leading market share Variable wavelength Wire harnesses laser modules Optical fiber World's top market share fusion splicers Steering roll connectors (SRC) World's top market