Furukawa Electric Co., Ltd.
古河電気工業株式会社
TypePublic K.K.
TYO: 5801
Nikkei 225 Component
IndustryElectrical equipment
FoundedYokohama, Japan (1884; 140 years ago (1884))
FounderFurukawa Ichibei
HeadquartersTokiwabashi Tower, 6-4, Otemachi 2-chome, Chiyoda-ku, Tokyo 100-8322, Japan
Area served
Worldwide
Key people
Mitsuyoshi Shibata
(Chairman)
Keiichi Kobayashi
(President)
Products
RevenueIncrease $ 7.529 billion USD (FY 2017) (¥ 843.344 billion JPY) (FY 2017)
Increase $ 1.136 billion USD (FY 2017) (¥ 115 billion JPY) (FY 2017)
Number of employees
  • 2,050 (non-consolidated)
  • 50,867 (consolidated) (as of March 31, 2022)
WebsiteOfficial website
Footnotes / references
[1][2]

Furukawa Electric Co., Ltd. (古河電気工業株式会社, Furukawa Denkikōgyō Kabushiki-gaisha) is a Japanese electric and electronics equipment company.

History

The company traces its origins to Furukawa Ichibei who founded Nikko Copper Works, a copper-smelting facility at Yokohama in 1884, which became part of Furukuwa Kogyo. A new company; Furukuwa Denki Kogyo, was formed in 1920, when it merged its copper business with its own Yokohoma Wire Manufacturing Company, which it had acquired in 1908.[3] So, the new company was able to combine its businesses of mining, refining, and making copper products, like wire and cable.[4]

Furukawa was a Japanese businessman who founded one of the fifteen largest industrial conglomerates in Japan, called Furukawa zaibatsu, to which Furukawa Electric belongs to this day.

The company is listed on the Tokyo stock Exchange and is constituent of the Nikkei 225 stock index.[5]

Furukawa Electric aids CERN's experiments on the search for the Higgs boson with its superconducting magnet wires.[6] The company's products also include superconductivity cables.

As of July 2013 the company has 137 subsidiaries and affiliate companies across Japan, Europe, North and South America.[7]

Furukawa Electric advertisement in 1930s

Business segments and products

See also

References

  1. ^ a b "Furukawa Electric Company Profile". Archived from the original on March 19, 2014. Retrieved March 19, 2014.
  2. ^ "Furukawa Electric Financial Statements 2013" (PDF). Archived from the original (PDF) on March 19, 2014. Retrieved March 19, 2014.
  3. ^ Whittaker, D. Hugh; Cole, Robert E. (2006-08-17). Recovering from Success: Innovation and Technology Management in Japan. OUP Oxford. ISBN 978-0-19-929731-3.
  4. ^ Picken, Stuart D. B. (2009). The A to Z of Japanese Business. Rowman & Littlefield. ISBN 978-0-8108-6872-4.
  5. ^ "Components:Nikkei Stock Average". Nikkei Inc. Retrieved March 19, 2014.
  6. ^ "Furukawa's technology contributed to the discovery of the Higgs boson" (PDF). Archived from the original (PDF) on July 17, 2016. Retrieved March 19, 2014.
  7. ^ "Furukawa Electric Group Sustainability Report 2013" (PDF). Archived from the original (PDF) on March 19, 2014. Retrieved March 19, 2014.