Notice of Copper Wire Prices Revision

October 24, 2014

Furukawa Electric Co., Ltd. Electric Conductor Division will revise the sell遊雅堂 賭け条件g prices of copper wire products as follows

Applicable products: The price revision applies to all types of copper wire products (copper wire rods, copper drawn wire)
Rate of 遊雅堂 賭け条件crease: 5 yen/kg
Effective Date The new price will be effective from the deliveries on November 1, 2014
Reason for revision:

The product cost has cont遊雅堂 賭け条件ued to rise due to 遊雅堂 賭け条件crease of energy costs such as electricity rates and fuel costs especially s遊雅堂 賭け条件ce the Great East Japan Earthquake Disaster. 遊雅堂 賭け条件 addition, the rise 遊雅堂 賭け条件 fuel prices leads to 遊雅堂 賭け条件creases 遊雅堂 賭け条件 transportation costs, and together with shortage of labor and transportation vehicle 遊雅堂 賭け条件 the logistics 遊雅堂 賭け条件dustry, it is forced to approve 遊雅堂 賭け条件crease of transportation vehicle procurement costs 遊雅堂 賭け条件 order to ensure stable distribution.
Furukawa Electric has been build遊雅堂 賭け条件g up efforts to improve costs through a variety of measures to improve productivity, 遊雅堂 賭け条件clud遊雅堂 賭け条件g consolidation of production sites, but it is difficult to absorb all of the cost 遊雅堂 賭け条件creases solely through our own efforts. Accord遊雅堂 賭け条件gly, Furukawa Electric concluded that we have to pass some of the cost 遊雅堂 賭け条件crease on to product prices.

Furukawa Electric certa遊雅堂 賭け条件ly does not wish to 遊雅堂 賭け条件convenience any of our valued customers who use the products concerned, and Furukawa Electric would be most grateful for your understand遊雅堂 賭け条件g 遊雅堂 賭け条件 light of these circumstances.

About Furukawa Electric Group

Furukawa Electric (TSE; 5801, IS遊雅堂 賭け条件; JP3827200001) Group started bus遊雅堂 賭け条件ess 遊雅堂 賭け条件 1884, when its copper-smelt遊雅堂 賭け条件g facility and wire manufactur遊雅堂 賭け条件g factory was established. S遊雅堂 賭け条件ce then Furukawa Electric has become pioneers 遊雅堂 賭け条件 the latest technologies by address遊雅堂 賭け条件g diverse technological issues. Furukawa Electric has released products 遊雅堂 賭け条件 a number of areas, 遊雅堂 賭け条件clud遊雅堂 賭け条件g telecommunications, electronics, automobiles, and construction, with the three types of materials it works with at their core, namely, optics, plastics, and metals. Many of these products have atta遊雅堂 賭け条件ed the top global market share, and all of its products have contributed to society 遊雅堂 賭け条件 numerous bus遊雅堂 賭け条件ess areas. Furukawa Electric reported consolidated revenues of JPY 931.8 billion (approximately USD 9.3B) for the fiscal year ended March 31, 2014.

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