Furukawa Electric Co Ltd


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Latest Developments

FCM says takeover bid by Aspirant Group SPC No. 5

Nov 1(Reuters) - FCM Co Ltd <5758.T>:Says Aspirant Group SPC No. 5 Inc, which is fully owned by the AG No. 2 Investment Business Limited Partnership operated by Aspirant Group Inc, offered a takeover bid for 940,567 shares of the company .Offered purchase price at 3,050 yen per share.Offering period from Nov. 2 to Nov. 30.Settlement starts on Dec. 7.Says Furukawa Electric Co Ltd <<<5801.T>>> plans to subscribe all of the common shares of consolidated subsidiary FCM CO LTD owned by Furukawa Electric to the tender offer for the common shares of FCM that is planned to be conducted from November 2 by Aspirant Group SPC No. 5 .

Asahi-Seiki Manufacturing says result of share repurchase via N-NET3 and shareholding structure change

May 11(Reuters) - Asahi-Seiki Manufacturing Co Ltd <6111.NG>:Says it bought back 430,900 shares for 1.08 billion yen in total, through N-NET3, on May 11.Says Okuma Corporation <<<6103.T>>> cut voting power in the company to 5 percent from 19.5 percent and has become the fifth biggest shareholder from top shareholder.Says FURUKAWA ELECTRIC CO., LTD <<<5801.T>>> has become top shareholder of the company .

Furukawa Electric says change of corporate auditor

May 9(Reuters) - Furukawa Electric Co Ltd <5801.T>:Says it appoints Deloitte Touche Tohmatsu LLC as new corporate auditor, to replace Ernst & Young ShinNihon LLC, effective June 22.

R&I affirms Furukawa Electric's rating at "BBB+" and says stable outlook – R&I

Nov 2(Reuters) - Furukawa Electric Co Ltd <5801.T>:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB+" – R&I.Rating outlook stable– R&I.

Furukawa Electric sells Yokohama-based properties for 7.42 bln yen

Sept 5 (Reuters) - Furukawa Electric Co Ltd <5801.T>:* Says it sold two Yokohama-based properties to Yokohama City, for 7.42 billion yen in total, on Aug. 24 .

Totoku Electric unit says fire accident

June 8 (Reuters) - Totoku Electric Co Ltd <5807.T>:* Says fire accident happened in plant of unit PT. TOTOKU INDONESIA on April 30.* No personnel were injured.* The plant and office were destroyed by fire.

Furukawa Battery names Katsutoshi Tokuyama as chairman and Shinichi Ono as president

Furukawa Battery Co Ltd <6937.T>: Says it names Katsutoshi Tokuyama as chairman .Says it names Shinichi Ono as president.

Furukawa Electric names new chairman and president

Furukawa Electric Co Ltd <5801.T>: Says it names current president Mitsuyoshi Shibata as new chairman of the board . Says it names Keiichi Kobayashi as new president .Says effective April 1, 2017.

Furukawa Electric to spin-off business to set up new JVs with NTT Electronics Corporation

Furukawa Electric Co Ltd <5801.T> :Says it reached an agreement with NTT Electronics Corporation to spin-off business to establish two manufacturing JVs for planar lightwave circuits and optical semiconductors, effective on April 3, 2017.

Superior Essex and Furukawa Electric announce intent to form European Joint Venture

Furukawa Electric Co Ltd <5801.T>: Essex Magnet Wire - Co, Superior Essex's unit, & Furukawa Electric's JV to supply new winding high-voltage wire .Superior Essex Inc. and Furukawa Electric Co., Ltd. announce intent to form European Joint Venture.

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