In May 2023, we announced the 2025 Mid-term Management Plan (“2025 Mid-Term Plan”), a three-year medium-term plan ending in FY2025, to achieve sustainable growth of the Fujikura Group and further enhance corporate value.

　The 2025 Mid-term Plan positions Information Infrastructure, Information Storage, and Information Terminals as three core business areas where we can use the “tsunagu” (connecting) technologies we have developed. Our goal is to concentrate investment in these three areas and be a highly profitable corporate group.

　FY2024 is the year in which we will achieve the 2025 Mid-term Plan and implement strategic initiatives to ensure sustainable growth going forward. We will continue to actively engage in strategic investment and investment in growth as we also continue to pursue initiatives in core business areas.

　In the Information Infrastructure area, we will use our strategic product, SWR^Ⓡ/WTC^Ⓡoptical cable, and other optical wiring solutions to achieve further business penetration in North America and focus on expanding business on the European continent and in the Middle East, Asia, and Oceania as new markets.

　We will also undertake the dark fiber provider business in North America and other new business models. To accomplish this, we will utilize our strength in being able to provide one-stop solutions encompassing everything from manufacturing optical fiber and cable, optical components, optical fiber fusion splicers, and other products to network design and installation.

　In the Information Storage area, investment in data centers is expanding with the rapid proliferation of generative AI. We will focus on expanding sales of high-density optical cables with an ultra-high fiber count, mass MCF (multi-core fiber) connectors, and optical components to support these data centers. We will also pursue development of new products to address the new magnetic recording method for hard disk drives (HDD), which is drawing interest as an energy-saving, high-capacity recording medium, and new thermal solutions to meet the demand for data center cooling systems offering high efficiency and high performance.

　In the Information Terminals area, we aim to create new businesses using our excellent customer base and production locations around the world. We have positioned “vehicles,” which are also referred to as mobile data terminals (MDT), as an important platform where technological innovation is advancing toward equipping society for sophisticated automated driving. Meanwhile, we will endeavor to make our existing wiring harness business even more profitable by increasing efficiency and productivity to improve profitability.

　With our sights set on what lies ahead after the 2025 Mid-Term Plan, we will continue to seize the business opportunities presented by the quest for carbon neutrality to create new businesses, as strategic moves to achieve sustainable growth.

　The top world-class performance and mass production technology we possess in rare-earth-based high-temperature superconducting wire rod will be an especially significant component in nuclear fusion power generation, which is promising as next-generation clean energy. The Fujikura Group will pursue cross-industry collaboration and invest in increasing production capacity to contribute to the realization of nuclear fusion power generation.