The information age hangs on a wire, a fact Fujikura readily understands and is very happy about. The company, founded in 1885, is a major manufacturer of wire and cable for the information and telecommunication industries. Fujikura operates through three main divisions: Telecommunications, Electronics & Auto, and Metal Cable & Systems. Its product lines include optical fibers and cables, sensors, electronic components, insulated cables, coated and magnetic wires, and connectors and harnesses. Fujikura's product development is concentrated in the areas of fiber optics, consumer electronics, electric power, and industrial applications. Its Real Estate & Other unit runs the mixed use Gatharia complex.
The complex is the redevelopment of the company's former manufacturing plant; it now includes two office towers, restaurants, a cinema, and shops. The "other" part of Real Estate & Other includes the sale of manufacturing equipment and transporting cargo.
Like the rest of the world, Fujikura struggled in 2009 as the global recession decreased demand for the company's products. Sales began to rebound the following year and fiscal 2010 (ended March 2011) delivered mixed results. Its real estate segment's operating income improved more than 40% when Gatharia opened after years of development. Telecom also showed improvement but Metal & Cable Systems stumbled on price competition and Electronics & Auto stalled on plummeting demand.
Going forward Fujikura plans to continue building fiber optics plants in China, where demand remains steady. In electronics, the company is looking at ways to launch products faster while the auto segment is getting new production plants. Metal Cable & Systems is humming on Japan's post-earthquake reconstruction efforts as well as expanding into China, Southeast Asia, and South America.
Fujikura was established in 1885 by founder Zenhachi Fujikura. The company produced silk and cotton binding used for electric equipment. – less