Furukawa Electric Group Receives "Top 100 Global Innovators 2015" Award for Second Year in a Row
- Furukawa Electric Group was rated highly for its innovative intellectual property efforts toward developing global businesses -
The intellectual property efforts of the Furukawa Electric Group have been acknowledged for the second year in a row, having been selected for the "Top 100 Global Innovators 2015" award by Thomson Reuters (main office: New York, USA, Japanese office: Minato-ku, Tokyo). Furukawa Electric Group received a trophy from Thomson Reuters on December 3.
In addition to being highly rated on "success" (based on the rate of patent registration) again this year, Furukawa Electric was also evaluated this time as having further improved its "globalization" in terms of the fine balance of patents obtained in China, the US, Europe, and Japan.
In receiving this award, Furukawa Electric Group's intellectual property efforts for new technologies that will play key roles in future businesses have been highly rated on a global scale. Furukawa Electric was selected for this award two years in a row due to engaging in multiple efforts with strategy and globalization as keywords over the course of its research, development, and intellectual property activities. Going forward, Furukawa Electric Group will work to bring its activities to the next level.
The "Thomson Reuters Top 100 Global Innovators" award
Since 2011, Thomson Reuters analyzes global patent trends based on its own patent data, selects the top 100 companies and organizations, and awards them with the "Top 100 Global Innovators" award. Companies and organizations are generally selected for this award based on four evaluation axes: "volume (the number of patents)," "success (the number of registrations)," "globalization," and "influence (how often they are cited)."
About Furukawa Electric Group
Furukawa Electric (TSE; 5801, ISIN; JP3827200001) Group started business in 1884, when its copper-smelting facility and wire manufacturing factory was established. Since then Furukawa Electric has become pioneers in the latest technologies by addressing diverse technological issues. Furukawa Electric has released products in a number of areas, including 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 attained the top global market share, and all of its products have contributed to society in numerous business areas. Furukawa Electric reported consolidated revenues of JPY 867.8 billion (approximately USD 8.2B) for the fiscal year ended March 31, 2015.