FUJIKURA

Proxima Fusion and Fujikura signed a memorandum of understanding in Tokyo to prepare large-scale industrial production of high-temperature superconductor (HTS) tape in Germany. The planned site is Lower Saxony; the partnership is intended to bring production know-how and investment to Germany and strengthen Europe’s supply chain for fusion energy. Proxima sees itself as an anchor customer with long-term demand for its Alpha demonstrator and the planned Stellaris power plant, giving the initiative potential benefits for other high-tech industries as well. » More on finanzen.net

Proxima Fusion has signed letters of intent with Fujikura and Kyoto Fusioneering to build production of high-temperature superconductor (HTS) tape in Lower Saxony and to cooperate on fusion components. Proxima plans to invest about €140 million in a factory by the end of 2029; Lower Saxony has pledged up to €21 million, conditional on an experienced partner such as Fujikura. The HTS tape is important for the stellarator build: Proxima needs roughly 20,000 km for the demonstrator Alpha and another 40,000 km for the planned Stellaris power plant; Kyoto Fusioneering is to cooperate on plasma heating and the fuel cycle. » More on finanzen.net

Fujikura has raised its operating full-year forecast to 310 billion JPY (1.9 billion USD), supported by price increases and growing AI-driven demand for fiber-optic cables. The stock posted its biggest gain since April 2025, but remains more than 30% below the record high from May. Analysts and investors are relieved, while capacity constraints persist. » More on finanzen.net

Fujikura lost about 4%, continuing its slide from the record high after quarterly earnings per share of ¥27.32 missed estimates and the company issued a disappointing profit forecast. Jefferies cut estimates, introduced a probability-based model for fiber‑optic and hydrogen bottlenecks and sees an 80% chance of normalization, but judges the current market price level to be consistent with only roughly a 40% normalization probability. Analysts and investors are also worried about delayed data‑center projects; technical indicators show sell signals, making further volatility likely. » More on de.investing.com

Fujikura released a forecast for fiscal 2027 and announced plans to expand its own hydrogen facilities and develop alternative hydrogen sources to cushion procurement bottlenecks. Management expects positive effects from a better product mix, as MMC ferrules achieve higher unit prices, but sees limited margin improvement for fiber‑optic cables due to the pricing power of data centers. Fujikura has secured volumes for 200‑micrometer fibers, plans to keep cable production capacity constrained in 2028, and aims for a sales increase in 2029 by expanding processes that have so far been bottlenecks. » More on de.investing.com