← Furukawa Electric Co. overview

Furukawa Electric Co. vs Prysmian SpA: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Furukawa Electric Co., Ltd. (5801.JP)

Q3 2026
▲4

Furukawa Electric's AI-driven profit surge and bold capacity bet

  • AI data-center demand lifts profit forecast Furukawa raised its full-year net profit forecast to 105 billion yen from 82 billion, as AI data-center demand boosts optical products. First-quarter net profit was 22.2 billion yen, 4.3 times last year's, showing the surge is real and already flowing through.

    This is the core reason the stock is moving: a big profit upgrade driven by AI demand.

  • 100 billion yen bet on optical fiber capacity Furukawa will invest 100 billion yen to expand optical fiber and cable production in the US, Brazil, Japan, and India, roughly doubling rollable ribbon cable capacity by fiscal 2028. Customers have already committed to long-term purchases, so this is a confident growth bet.

    This shows the company is putting real money behind the AI demand story, which supports future growth.

  • Q1 profit triples, full-year outlook raised sharply First-quarter operating profit tripled to 25.4 billion yen, and the full-year operating profit target jumped to 123 billion yen from 95 billion. Revenue rose over 20% on data-center products, auto parts, higher copper prices, and price adjustments. The stock jumped 10% on the news.

    This confirms the profit upgrade with actual quarterly numbers and explains the drivers behind it.

  • UACJ stake sale adds 22 billion yen one-time gain Furukawa raised its first-half net profit forecast to 58 billion yen, helped by a 22 billion yen gain from selling its UACJ shares. The sale cuts cross-shareholdings and frees up cash for growth investments, though it is a one-time boost, not recurring profit.

    This is a new, separate boost to reported profit and shows the company is freeing up capital for growth.

August 2026
▲4

Furukawa Electric's AI-driven profit surge and bold capacity bet

  • AI data-center demand lifts profit forecast Furukawa raised its full-year net profit forecast to 105 billion yen from 82 billion, as AI data-center demand boosts optical products. First-quarter net profit was 22.2 billion yen, 4.3 times last year's, showing the surge is real and already flowing through.

    This is the core reason the stock is moving: a big profit upgrade driven by AI demand.

  • 100 billion yen bet on optical fiber capacity Furukawa will invest 100 billion yen to expand optical fiber and cable production in the US, Brazil, Japan, and India, roughly doubling rollable ribbon cable capacity by fiscal 2028. Customers have already committed to long-term purchases, so this is a confident growth bet.

    This shows the company is putting real money behind the AI demand story, which supports future growth.

  • Q1 profit triples, full-year outlook raised sharply First-quarter operating profit tripled to 25.4 billion yen, and the full-year operating profit target jumped to 123 billion yen from 95 billion. Revenue rose over 20% on data-center products, auto parts, higher copper prices, and price adjustments. The stock jumped 10% on the news.

    This confirms the profit upgrade with actual quarterly numbers and explains the drivers behind it.

  • UACJ stake sale adds 22 billion yen one-time gain Furukawa raised its first-half net profit forecast to 58 billion yen, helped by a 22 billion yen gain from selling its UACJ shares. The sale cuts cross-shareholdings and frees up cash for growth investments, though it is a one-time boost, not recurring profit.

    This is a new, separate boost to reported profit and shows the company is freeing up capital for growth.

Latest
▲4

Furukawa Electric's AI-driven profit surge and bold capacity bet

  • AI data-center demand lifts profit forecast Furukawa raised its full-year net profit forecast to 105 billion yen from 82 billion, as AI data-center demand boosts optical products. First-quarter net profit was 22.2 billion yen, 4.3 times last year's, showing the surge is real and already flowing through.

    This is the core reason the stock is moving: a big profit upgrade driven by AI demand.

  • 100 billion yen bet on optical fiber capacity Furukawa will invest 100 billion yen to expand optical fiber and cable production in the US, Brazil, Japan, and India, roughly doubling rollable ribbon cable capacity by fiscal 2028. Customers have already committed to long-term purchases, so this is a confident growth bet.

    This shows the company is putting real money behind the AI demand story, which supports future growth.

  • Q1 profit triples, full-year outlook raised sharply First-quarter operating profit tripled to 25.4 billion yen, and the full-year operating profit target jumped to 123 billion yen from 95 billion. Revenue rose over 20% on data-center products, auto parts, higher copper prices, and price adjustments. The stock jumped 10% on the news.

    This confirms the profit upgrade with actual quarterly numbers and explains the drivers behind it.

  • UACJ stake sale adds 22 billion yen one-time gain Furukawa raised its first-half net profit forecast to 58 billion yen, helped by a 22 billion yen gain from selling its UACJ shares. The sale cuts cross-shareholdings and frees up cash for growth investments, though it is a one-time boost, not recurring profit.

    This is a new, separate boost to reported profit and shows the company is freeing up capital for growth.

Prysmian SpA (0NUX.LSE)

Q3 2026
▲3

Prysmian buys Atkore, wins Amazon data-center cable deal

  • Prysmian to buy Atkore for $3.8bn Prysmian agreed to buy US cable maker Atkore for $3.8 billion in cash, a 30% premium. It expands Prysmian's North American electrification and data-centre business, letting it sell more products to the same customers. Bigger scale and cross-selling can lift future earnings, though the cash outlay and debt taken on are the cost.

    The acquisition is the period's biggest company-specific event and directly changes Prysmian's growth outlook.

  • Amazon Ohio data-centre cable supply deal Prysmian will make low-carbon aluminium cables for an Amazon data centre in Ohio, using Rio Tinto metal, at its Sedalia plant. It shows Prysmian winning work in the fast-growing data-centre power market and supports its green-revenue goal. No contract value was given and the technology is early-stage, so near-term earnings impact is limited.

    It is a fresh, concrete win in Prysmian's key growth market of data-centre electrification.

  • AI infrastructure demand keeps Prysmian in favour Investors are rewarding companies that supply the AI build-out, and Prysmian was named among outperformers on strong AI-enabling demand. Data centres and power grids need huge amounts of cable, so this trend supports Prysmian's orders and pricing. It is a broad market tailwind rather than a company announcement.

    It explains the sector-wide demand force behind Prysmian's share-price support this period.

  • Lawyer probe into Atkore deal fairness A shareholder-rights law firm is investigating whether Atkore's $95-per-share sale to Prysmian is fair to Atkore holders. Such probes are common and rarely block deals, but they can delay closing or push for better terms. For Prysmian the risk is mainly timing and cost, not a change to its strategy.

    It is the main counterweight to the acquisition news and could affect deal completion.

August 2026
▲3

Prysmian buys Atkore, wins Amazon data-center cable deal

  • Prysmian to buy Atkore for $3.8bn Prysmian agreed to buy US cable maker Atkore for $3.8 billion in cash, a 30% premium. It expands Prysmian's North American electrification and data-centre business, letting it sell more products to the same customers. Bigger scale and cross-selling can lift future earnings, though the cash outlay and debt taken on are the cost.

    The acquisition is the period's biggest company-specific event and directly changes Prysmian's growth outlook.

  • Amazon Ohio data-centre cable supply deal Prysmian will make low-carbon aluminium cables for an Amazon data centre in Ohio, using Rio Tinto metal, at its Sedalia plant. It shows Prysmian winning work in the fast-growing data-centre power market and supports its green-revenue goal. No contract value was given and the technology is early-stage, so near-term earnings impact is limited.

    It is a fresh, concrete win in Prysmian's key growth market of data-centre electrification.

  • AI infrastructure demand keeps Prysmian in favour Investors are rewarding companies that supply the AI build-out, and Prysmian was named among outperformers on strong AI-enabling demand. Data centres and power grids need huge amounts of cable, so this trend supports Prysmian's orders and pricing. It is a broad market tailwind rather than a company announcement.

    It explains the sector-wide demand force behind Prysmian's share-price support this period.

  • Lawyer probe into Atkore deal fairness A shareholder-rights law firm is investigating whether Atkore's $95-per-share sale to Prysmian is fair to Atkore holders. Such probes are common and rarely block deals, but they can delay closing or push for better terms. For Prysmian the risk is mainly timing and cost, not a change to its strategy.

    It is the main counterweight to the acquisition news and could affect deal completion.

Latest
▲3

Prysmian buys Atkore, wins Amazon data-center cable deal

  • Prysmian to buy Atkore for $3.8bn Prysmian agreed to buy US cable maker Atkore for $3.8 billion in cash, a 30% premium. It expands Prysmian's North American electrification and data-centre business, letting it sell more products to the same customers. Bigger scale and cross-selling can lift future earnings, though the cash outlay and debt taken on are the cost.

    The acquisition is the period's biggest company-specific event and directly changes Prysmian's growth outlook.

  • Amazon Ohio data-centre cable supply deal Prysmian will make low-carbon aluminium cables for an Amazon data centre in Ohio, using Rio Tinto metal, at its Sedalia plant. It shows Prysmian winning work in the fast-growing data-centre power market and supports its green-revenue goal. No contract value was given and the technology is early-stage, so near-term earnings impact is limited.

    It is a fresh, concrete win in Prysmian's key growth market of data-centre electrification.

  • AI infrastructure demand keeps Prysmian in favour Investors are rewarding companies that supply the AI build-out, and Prysmian was named among outperformers on strong AI-enabling demand. Data centres and power grids need huge amounts of cable, so this trend supports Prysmian's orders and pricing. It is a broad market tailwind rather than a company announcement.

    It explains the sector-wide demand force behind Prysmian's share-price support this period.

  • Lawyer probe into Atkore deal fairness A shareholder-rights law firm is investigating whether Atkore's $95-per-share sale to Prysmian is fair to Atkore holders. Such probes are common and rarely block deals, but they can delay closing or push for better terms. For Prysmian the risk is mainly timing and cost, not a change to its strategy.

    It is the main counterweight to the acquisition news and could affect deal completion.