Notice Regarding Waiver of Claims Against Viscas Co., Ltd.
Fujikura will dissolve its equity method affiliate, Viscas, and has decided to waive its claims.
📋 Article Processing Timeline
- 📰 Published: March 28, 2026 at 21:20
- 🤖 AI Analyzed: May 26, 2026 at 21:27 (1416h 7m after Published)
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) |