Furukawa Electric Co., Ltd. (TSE:5801) agreed to acquire Fujitsu Optical Components Limited from Fujitsu Limited (TSE:6702) on December 12, 2024.

For the period ending March 31, 2024, Fujitsu Optical Components Limited reported total revenue of ¥13.68 billion and operating loss of ¥10.28 billion. As of March 31, 2024, Fujitsu Optical Components Limited reported total assets of ¥16.67 billion and total common equity of ¥5.17 billion.

The expected completion of the transaction is April 1, 2025.