Fujikura Ltd TSE:5803

Fujikura : Notice Concerning an Update on the Investment Plan in Japan and the United States

Published

Source: MarketScreener



Dear All

Company Name: Fujikura Ltd

26-May-14

Representative: Naoki Okada, President & CEO

(Code: 5803 Prime market of TSE)

Inquiries: Toru Hamasuna, Executive Officer General Manager of

Corporate Strategy Planning Division (TEL +81-3-5606-1112)

Notice Concerning an Update on the Investment Plan in Japan and the United States (Regarding the Construction of a New Plant at Sakura Works and the Establishment of a U.S. Subsidiary)

Fujikura Ltd. previously announced its investment plan of up to ¥300.0 billion in total in Japan and the United States in the " Notice Regarding Policy for Expanding Optical Fiber and SWR®/WTC® Production Capacity" dated March 13, 2026. At today's meeting of the Board of Directors, the Company resolved, in line with this policy, to construct a new plant at its Sakura Works and to establish a subsidiary in the United States to facilitate these investments. Accordingly, the details are announced below.

Notice

  1. Construction of a New Plant at the Sakura Works

    In order to further respond to the expanding demand for optical fiber cables in the generative AI data center market and to enhance production capacity to help strengthen AI infrastructure in the United States, the Company will construct a new plant with an investment of up to 40 billion yen.

    1. Location of investment: Sakura Works

    2. Description of assets: Factory building, production equipment, etc.

    3. Planned investment amount: Approximately 40 billion yen

    4. Planned start of operations: December 2030 (planned)

  2. Establishment of a Preparatory Subsidiary in the United States

    In order to facilitate the investments in the United States, the Company has decided to establish a new subsidiary in the country.

    1. Name: Fujikura Optical Cable Systems LLC

    2. Head office: State of Delaware, United States

    3. Shareholding: Wholly owned subsidiary of the Company

    4. Planned establishment: June 2026

  3. Outlook

At present, the impact of this matter on the Company's consolidated financial results for the fiscal year ending March 2027 is expected to be minimal. If any matters requiring disclosure arise in the future, the Company will make timely announcements.