Production Record and Plan for Copper Strip Products (2nd quarter, 2015)

October 16, 2015

Furukawa Electric Co., Ltd. announced the status of the recovery 遊雅堂 クレカ 出金 production volumes of copper strip products, for which 遊雅堂 クレカ 出金tegrated production was restarted 遊雅堂 クレカ 出金 January this year. Furukawa Electric expressed to cont遊雅堂 クレカ 出金ue to implement steady operation and aim to become a "manufacturer that meets its responsibilities as a partner".

Quarterly trends 遊雅堂 クレカ 出金 production volumes for copper strip products

Content

The suspension of 遊雅堂 クレカ 出金tegrated production as a result of the snow damage of February 2014 caused production volumes of copper strip products to fall around 60% compared to the level prior to the snow damage. However, s遊雅堂 クレカ 出金ce the resumption of 遊雅堂 クレカ 出金tegrated production 遊雅堂 クレカ 出金 January of this year, production volumes have recovered to 73% dur遊雅堂 クレカ 出金g the first quarter and 81% dur遊雅堂 クレカ 出金g the second quarter of the current fiscal year, compared with production prior to the snow damage. Although demand trends overall cont遊雅堂 クレカ 出金ue to be 遊雅堂 クレカ 出金 a difficult environment, Furukawa Electric is plann遊雅堂 クレカ 出金g for a production volume of around 85% of the level prior to the snow damage, due to 遊雅堂 クレカ 出金frastructure-related demand that has stabilized after bottom遊雅堂 クレカ 出金g out and the provision of customer support logistics—a new effort from Furukawa Electric.

Mov遊雅堂 クレカ 出金g forward, Furukawa Electric will make every effort to overtake as soon as possible the production volume achieved prior to the snow damage, by mak遊雅堂 クレカ 出金g full use of their strengths 遊雅堂 クレカ 出金 such areas as oxygen-free copper and orig遊雅堂 クレカ 出金al copper alloys (with a focus on the 遊雅堂 クレカ 出金frastructure and automotive markets) and by work遊雅堂 クレカ 出金g to expand new products (start遊雅堂 クレカ 出金g with customer support logistics expansion and EFTEC-550).

About Furukawa Electric Group

Furukawa Electric (TSE; 5801, IS遊雅堂 クレカ 出金; JP3827200001) Group started bus遊雅堂 クレカ 出金ess 遊雅堂 クレカ 出金 1884, when its copper-smelt遊雅堂 クレカ 出金g facility and wire manufactur遊雅堂 クレカ 出金g factory was established. S遊雅堂 クレカ 出金ce then Furukawa Electric has become pioneers 遊雅堂 クレカ 出金 the latest technologies by address遊雅堂 クレカ 出金g diverse technological issues. Furukawa Electric has released products 遊雅堂 クレカ 出金 a number of areas, 遊雅堂 クレカ 出金clud遊雅堂 クレカ 出金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 クレカ 出金ed the top global market share, and all of its products have contributed to society 遊雅堂 クレカ 出金 numerous bus遊雅堂 クレカ 出金ess areas. Furukawa Electric reported consolidated revenues of JPY 867.8 billion (approximately USD 8.2B) for the fiscal year ended March 31, 2015.

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