News Release

As you know, the world is undergoing swift changes from moment to moment, and at the same time, Furukawa Electric is also changing greatly. In particular, with the progress of group management and globalization, we have expanded to more than 120 affiliate companies around the world, the number of employees of the group has exceeded 50,000, and the ratio of overseas sales will soon exceed 50%. Furukawa Electric has survived and grown for 135 years since the day it was established in 1884 because our seniors responded to changes in the environment, continued to respond to the needs and expectations of our customers, earning their trust, while studiously continuing Founder Ichibei Furukawa’s concept that we must “value employees, value customers, value new technology, and do something useful for society” and our DNA. Starting today, you are our new members who inherit that trust. My mission as President is to build “a corporation group that enables its employees to work with excitement” allowing each of you to have “Passion, Persistence, and Pride” as a leading player.

Furukawa Electric Group will maintain a common philosophy and values under the policy of “One Furukawa”. We selected values that we particularly want to respect and further enhance as Core Values, compiling them as five key values. The five key values are “Integrity”, “Innovation”, “Addressing Reality”, “Ownership and Speed”, and “Collaboration”.
Furukawa Electric also has a corporate culture that enables all of us to share our ideas openly. Functioning as one “team” by sharing our ideal form, philosophy, and vision is “One Furukawa”. I hope you will routinely embody these five Core Values as members of an organization that enables its members to share their ideas openly.

Now, in this year that you joined the company, I would like to talk about the kind of year this year will be for us.
In implementing the medium-term management plan “FURUKAWA G Plan 2020” that Furukawa Electric is working on from 2016, we regard the final three years of the plan as “2018 the year of preparation”, “2019 the year of emergence”, and “2020 the year of progress”. This year is “2019 the year of emergence” and it is most important year to reinforce the achievement of “progress” in the following and final year. Please have a strong sense that rather than “someone” achieving goals, each of you achieves your own goals and the accumulation of these goals will lead to achieving goals as a group. You all are leading players who advance Furukawa Electric to the next stage.

Furukawa Electric has continued to improve its technologies to “convey, connect, and store” “energy, information, and heat”. Currently, in a wide range of business fields including information and communication, energy, automobile, and electronic parts, we are expanding a wide array of products that support people’s lives in familiar ways worldwide. In this age where an era of 5G, self-driving cars, artificial intelligence, and smart energy is coming, the field of hybrid technologies and businesses of Furukawa Electric is becoming the core. We can say that finally “the era of a Furukawa useful to our customers has come”.

Protecting the health of people and social infrastructure and supporting truly sustainable growth with these accumulated technologies are Furukawa Electric’s missions. To achieve these objectives, the important thing is an environment that enables each member of the group to work positively and vigorously as a leading player, and there, the top management will actively engage in creating an environment that enables all of us to share our ideas openly and all of us to be ourselves.

Now, in joining this company there are three points for you to take to heart.