Fujikura shares sank as much as 17% after the cable maker’s new three-year plan disappointed investors betting AI would sharply lift demand for dense optical-fiber networks.
¥315 billion is the company’s operating-income target for the fiscal year starting April 2028, well below the ¥455 billion average analyst estimate.
That gap signaled Fujikura’s medium-term outlook is not keeping pace with the market’s elevated expectations for AI-driven infrastructure spending.
The selloff underscores how quickly AI-linked stocks can reprice when company guidance falls short of bullish assumptions.
Why is Fujikura investing billions for AI demand while slashing its own profit outlook?
Is a key supplier's crash a company issue, or the first major crack in the AI infrastructure hype?