PSA Electrical Components & Equipment: Fujikura (5803 JT) Weak FY24 Guidance despite Strong FY23 Q4 – Still Positive Despite Delayed Carrier Recovery
Analyst William Nestuk remains positive on Fujikura’s prospects despite the delayed carrier recovery.Fujikura is mainly engaged in the manufacture, sale and installation of telecommunication cable, electric cable and electronic materials. Along with its affiliates, Co. operates in four business segments: power & telecommunication systems, electronics business, automotive products and real estate. Co.'s principal products include power cables, telecommunication cables, aluminum wires, enameled wires, optical fibers, optical fiber cables, telecommunication and optical components, fiber optic equipment, network equipment, flexible printed circuits, electronic wiring, HDD components, connectors, automotive wire harnesses, and others. Co. is also engaged in the leasing of real estate.
Founded in 2009, Pelham Smithers Associates (PSA) provides market intelligence on Asian technology, focusing in particular on Japan. The industries covered by our team of specialists are: consumer electronics, telecomms, pharmaceuticals, internet, electronic parts and materials, automotive technology, retail and capital goods.
PSA produces both company and sector reports. The focus of PSA’s research is to identify winners and losers as new technologies impact the top and bottom lines of corporations. Critical to our research is the clear explanation of how these new technologies work and how they impact companies and industries.
The founding partners have worked closely together for twenty years and the team has more than doubled in size since 2012.
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