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Sales of Okano Cable are expected to increase by 30%
by 2020.
Recently, Okano Electric Wire, a communications cable company that is a subsidiary of Furukawa Electric, aims to increase sales by more than 30% y/y to 10 billion yen
by 2020.
The market for telecom operators has matured for a long time, and the demand for industrial equipment is expected to increase
.
The company will improve its bending resistance and expand sales of its diameter coaxial and fiber optic
cables.
Regular profits will be converted into earnings, ensuring stability
of 200 million yen.
In areas such as industrial robot equipment, the company will focus on the marine side in terms of screen transmission
.
In terms of factory equipment, the Internetization of products is expected to increase the amount of information traffic, and the demand for transmission cables is expected to increase
.
In R&D, the Company is developing new products that
connect bend-resistant thin-diameter cables and fiber-optic cables.
Regarding electronic substrate circuits for electrolyzers and equipment connecting cables, we will explore the technical capabilities
of Group companies.
Invest in high value-added products
in areas where the business is growing.
As of 2018, the company has achieved steady growth in sales of JPY 9 billion for three consecutive years and regular profit of JPY 100 million
.
Sales of Okano Cable are expected to increase by 30%
by 2020.
Recently, Okano Electric Wire, a communications cable company that is a subsidiary of Furukawa Electric, aims to increase sales by more than 30% y/y to 10 billion yen
by 2020.
The market for telecom operators has matured for a long time, and the demand for industrial equipment is expected to increase
.
The company will improve its bending resistance and expand sales of its diameter coaxial and fiber optic
cables.
Regular profits will be converted into earnings, ensuring stability
of 200 million yen.
In areas such as industrial robot equipment, the company will focus on the marine side in terms of screen transmission
.
In terms of factory equipment, the Internetization of products is expected to increase the amount of information traffic, and the demand for transmission cables is expected to increase
.
In R&D, the Company is developing new products that
connect bend-resistant thin-diameter cables and fiber-optic cables.
Regarding electronic substrate circuits for electrolyzers and equipment connecting cables, we will explore the technical capabilities
of Group companies.
Invest in high value-added products
in areas where the business is growing.
As of 2018, the company has achieved steady growth in sales of JPY 9 billion for three consecutive years and regular profit of JPY 100 million
.
