Fujikura is a Japanese company known primarily for its expertise in fiber optic technology and telecommunications equipment. Founded in the 19th century, Fujikura has been involved in the development and manufacturing of various products, including electrical wires, cables, and specialty equipment for different industries, such as telecommunications, automotive, and energy. The company is recognized for its innovative solutions in the field of optical fibers and related technologies, contributing significantly to advancements in high-speed data transmission and communication systems. Fujikura operates globally and is a prominent player in the fiber optics market.
Fujikura's stock surged significantly following an upgraded fiscal year forecast. The revenue outlook was boosted by ¥60 billion, totaling ¥940 billion, a 17.5% increase. Net profit forecast increased by ¥12…