At the Board of Directors meeting held on March 27, 2026, Fujikura Ltd. resolved to dissolve Viscas Co., Ltd., an equity method affiliate of Fujikura, as of March 31, 2026, and to waive its claims against the company.
1. Background
Viscas Co., Ltd. (hereinafter "Viscas") is a joint venture company equally invested in by Fujikura and Furukawa Electric Co., Ltd. (hereinafter "Furukawa Electric"). The termination of the joint venture business was agreed upon by both parties as of October 1, 2016, and efforts have been made towards its conclusion. Now that a certain prospect for the completion of Viscas's business has been established, Fujikura and Furukawa Electric have agreed to dissolve the company by waiving the claims that both parties hold against Viscas.
2. Overview of the Equity Method Affiliate
(1) Name
Viscas Co., Ltd.
(2) Location
1-8-8 Haneda Airport, Ota-ku, Tokyo
(3) Representative's Title and Name
President Ichiro Ishigaki
(4) Business Description
Manufacturing and sales of wires, cables, etc., and design, construction, and supervision of related work.
(5) Capital
10 million yen
(6) Date of Establishment
September 26, 2001
(7) Net Assets
△15,951 million yen (as of March 31, 2025)
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FACT BOX
- Source: PR Times
- Category: News