TOKYO, May 14 (Pulse News Wire) – Fujikura Ltd. (5803.T) announced plans to build a new factory at its Sakura site and establish a subsidiary in the United States to enhance production capacity and support growing demand for optical fiber cables.
The investment, totaling up to $1.4 billion, includes constructing facilities and equipment within the Sakura plant, with operations scheduled to commence in December 2030. In addition, the company decided to set up Fujikura Optical Cable Systems LLC in Delaware to facilitate future investments in the U.S.
The wholly-owned subsidiary is expected to begin operations in June 2026. Looking ahead, Fujikura anticipates that these initiatives will have a minor impact on its consolidated performance for the fiscal year ending March 2027.
The company will promptly disclose any further developments related to these projects.
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