(Source: R&I - Rating and Investment Information Inc) NEWS RELEASE R&I Affirms A/a-1, Negative: Fujikura Ltd. Jul 02, 2013 Rating and Investment Information, Inc. (R&I) has announced the following: ISSUER: Fujikura Ltd. Issuer Rating: A, Affirmed Rating Outlook: Negative Commercial Paper: a-1, Affirmed RATIONALE: Fujikura Ltd. is a major manufacturer of electric wire and cable. Backed by its technological and research & development capabilities, the company engages in a wide range of businesses, and offers many competitive products. Since FY2011 ended March 2012, the earnings bases for the electronics and optical fiber/products businesses have been shaken, and overall earnings slumped. That...
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