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  September 5, 2001
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Home > Company Index > Manufacturing > Construction, Mining & Other Heavy Machinery > Furukawa Co., Ltd.

Furukawa Co., Ltd.
OTC: FKWAF
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 PROFILE
Between a rock and a hard place is a good fit for Furukawa. The company -- founded in 1875 to mine and smelt copper -- is a major manufacturer of construction and industrial machinery (cranes, drills, rock crushers; half of sales) and a leading miner and smelter (copper, gold, silver). Furukawa also makes electronic materials, including high-purity metallic arsenic used in cell phones and industrial chemicals such as titanium dioxide. It retails petrochemicals, coal, coke, and aggregates. Competition and Japan's sluggish economy (over 90% of its sales are in Japan) have forced Furukawa to streamline operations and cut its workforce. The company's spinoffs have included Fuji Electric Co. and Furukawa Electric Co.

 COMPETITION
Komatsu Ltd. (KMTUY)
Mitsubishi Group (dossier)
Mitsui Mining & Smelting Co., Ltd. (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 1,309.30
1-Yr. Sales Growth: 16.5%
Employees: 1,834
Revenue per employee: $713,904.03

 KEY PEOPLE
• Akitaka Nakai
    CEO

 CONTACT INFO
6-1 Marunouchi 2-chome, Chiyoda-ku
Tokyo 100-8370, Japan
Phone: 81-3-3212-6570
Fax: 81-3-3287-0696
Online: Web Site

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