Furukawa Electric stock gains 2.56 percent on guidance
Published on 10/06/2026 at 11:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Furukawa Electric stock gained 2.56 percent to JPY 4,490 on October 6, 2026, at 3:30 p.m. JST, as investors weighed a higher interim profit forecast. The company raised projected profit attributable to owners for the six months ending September 30, 2026, while keeping its sales and operating income outlook unchanged.
Profit guidance rises on investment income
According to Japan IR on September 24, 2026, Furukawa Electric lifted interim net income guidance from JPY 42.5 billion to JPY 58.0 billion. That is an increase of 36.5 percent, while interim earnings per share guidance rose from JPY 60.41 to JPY 82.45.
The revised guidance leaves net sales at JPY 720.0 billion and operating income at JPY 49.5 billion for the period. Simply Wall St said on October 4, 2026, that the unchanged sales forecast and higher profit outlook point toward efficiency, product mix and one-off income rather than pure volume growth.
Consensus target remains above the stock
MarketScreener lists an Outperform consensus from 10 analysts and an average target of JPY 6,160. Against the October 6 price of JPY 4,490, that target lies 37.2 percent above the stock.
The valuation signal comes with a clear earnings-quality question. The interim profit upgrade is linked to a planned gain from selling investment securities, while full-year guidance remains unchanged, so recurring operating performance remains the key test for the higher market valuation.
Stock gains as results date approaches
Furukawa Electric's October 6 price of JPY 4,490 remains below the JPY 6,241 52-week high and above the JPY 878.80 low. Trading volume reached 23,718,700 shares, while market capitalization stood at JPY 3.2 trillion on the same date.
The company's investor-relations page identifies code 5801 on the Prime Market of the Tokyo Stock Exchange and lists November 9, 2026, at 2:00 p.m. JST for the announcement of second-quarter results. For investors, the next report will show whether the higher interim profit outlook is supported by operating progress beyond the investment gain.
Furukawa Electric stock details
Furukawa Electric stock facts
- Company: Furukawa Electric Co., Ltd.
- Ticker: 5801
- Trading venue: Prime Market of the Tokyo Stock Exchange
- Price (as of October 6, 2026, 3:30 p.m. JST): JPY 4,490
- Market capitalization: JPY 3.2 trillion (as of October 6, 2026)
- 52-week range: JPY 878.80-6,241 (as of October 6, 2026)
- Sector / Industry: Electrical equipment and parts
Upcoming dates for Furukawa Electric stock
- November 9, 2026: Second-quarter results announcement
