古河電公記 八｜荒野にひとり、大盃｜2026.10.30
A lone cup on a battered battlefield Furukawa Electric closed at JPY 2,806, down JPY 259 (8.45%) from yesterday’s JPY 3,065. It opened at JPY 2,945 at 09:03 (−3.92%)
A lone cup on a battered battlefield
Furukawa Electric closed at JPY 2,806, down JPY 259 (8.45%) from yesterday’s JPY 3,065. It opened at JPY 2,945 at 09:03 (−3.92%), reached JPY 2,974.5 at 09:21, recorded a low of JPY 2,790 at 11:04 and closed JPY 139 below its open (−4.72%). The close stood only JPY 16 above the low, in the bottom 8.67% of the day’s range.
Volume was 22,770,900 shares; turnover was JPY 65,034 million. The close was JPY 50.02 (1.75%) below final VWAP of JPY 2,856.02. Yesterday’s improvement did not persist: both the opening gap and the open-to-close return were negative.
PTS was JPY 2,813 at 16:14, JPY 7 (0.25%) above the TSE close. The display spans 29 October 17:00 to 30 October 16:14, so its high, low, volume and VWAP are not evening-only statistics for 30 October. Source: Kabutan (Japan Next Securities). PER 18.8, PBR 4.52 and dividend yield 0.78% are closing-screen readings; margin ratio 35.26 does not establish new daily margin balances. Shared tables preserve the data.
Today’s report also records Fujikura down 6.60%, with a close of JPY 3,918 below VWAP of JPY 3,941.065. That gives context for weakness across cable names, without proving a common cause. No company-specific catalyst or trading identity has been established.
Next, watch whether Furukawa can recover its next session’s live VWAP and sustain that recovery. Historical references are today’s JPY 2,945 opening, the 3,000 threshold and yesterday’s JPY 3,065 close. The artwork’s lone surviving patriarch is fictional humor, not a claim of relative outperformance.
Hagakure, Book One, records Nabeshima Naoshige’s maxim: 「大事の思案は輕くすべし」. My translation: “Consider great matters lightly.” The surrounding passage explains that this rests on thinking matters through beforehand. It does not mean treating losses lightly. Public transcription, frames 19–20; original scan not cross-checked.
