FUJIKURA AUTOMOTIVE VIETNAM LTD.

FUJIKURA AUTOMOTIVE VIETNAM LTD (CÔNG TY TNHH FUJIKURA AUTOMOTIVE VIỆT NAM) is an export-oriented manufacturer based in Hoa Cam Industrial Park, Da Nang City, specializing in automotive wiring harnesses and electronic cable systems. Established in 2008, the company now employs approximately 2,500 workers, making it one of the significant foreign-invested employers in the central region. It is wholly owned by Fujikura Automotive Asia Ltd, Japan, and operates an additional branch in Quang Ngai Province.

The company’s scale has expanded markedly in recent years. Total assets increased to USD 39.23 million in 2024, while equity rose to USD 14.19 million, reflecting nearly 39 percent growth. Revenue reached USD 110.16 million, a substantial 20% increase. What stands out most is the turnaround in profitability: from a loss in 2022, Fujikura Vietnam generated USD 4.57 million in profit in 2024, an impressive improvement supported by improved production efficiency and likely higher order volumes from automotive clients.

Working capital also grew sharply to USD 4.11 million, suggesting better liquidity and more stable short-term financial management. However, for a manufacturer with thousands of employees and a complex production line, the level of working capital remains relatively modest, making cash-flow discipline essential.

The company is led by Yamaguchi K., who oversees operations across both manufacturing sites. Under his direction, Fujikura Vietnam appears to be entering a new growth phase, balancing rising sales with improving profitability after several volatile years. Still, the fluctuations in past profits raise questions about contract pricing, input costs, and the stability of OEM demand.

With strong FDI backing, expanding assets, and a noticeable recovery in earnings, Fujikura Vietnam is a company worth monitoring closely. For buyers, suppliers, and potential partners, a detailed due diligence report from VNBIS would reveal more about the firm’s cost structure, long-term orders, and overall risk profile.