Furukawa Electric Co., Ltd. entered into an agreement to acquire 40% stake in Optical Parts Business of Mitsubishi Cable Industries.

Furukawa Electric Co Ltd specializes in manufacturing and marketing electric, electronic and telecommunication equipment. Net sales break down by family of products and services as follows: - electronic equipment (54.1%): automotive components, batteries, fiber-optic amplifiers, etc.; - telecommunication infrastructures products (28.6%): fiber-optic cables, connectors, couplers, optical transmitters and receivers, routers, etc.; - electric equipment (14.2%): electric power suppliers, vital lead, electric cables, etc.; - other (3.2%): primarily real estate services. Net sales are distributed geographically as follows: Japan (52.6%), China (9.5%), Asia (21.5%) and other (16.4).