Summary of Key Points from the Conference Call Industry Overview - **Industry**: Wire & Cable - **Region**: Japan Core Insights - **Optical Fiber Connector Exports**: In January, the export value of optical fiber connectors reached ¥4.3 billion, marking an increase of 82% year-over-year (YoY) and the second highest recorded level after December 2025. The three-month average also showed a strong increase of 61% YoY, although there was a 5% decrease month-over-month (MoM) [4][9] - **Optical Fiber/Cable Exports**: The total export value for optical fiber and cables was ¥8.2 billion, reflecting a 71% YoY increase and a three-month average increase of 56% YoY, despite an 8% decrease MoM. Optical cables accounted for ¥5.0 billion and optical fiber for ¥3.2 billion [5][9] - **Demand Drivers**: The robust demand is attributed to the cross-connectivity needs of AI servers, which require significantly more connectors than usual. Exports to Asia remained strong, indicating a healthy market [4][6] Implications for the Industry - **Market Demand**: The brisk shipments of optical fiber/cables and connectors confirm strong demand from data centers, which is a positive indicator for the wire and cable industry. The upward trend in apparent unit prices per ton for optical fiber and connectors suggests a favorable pricing environment, although monthly fluctuations are noted [6][9] - **Export Breakdown**: The export value breakdown indicates that shipments cleared through Tokyo Customs are primarily from Fujikura and Sumitomo Electric, while those through Nagoya Customs are from Furukawa Electric. This reflects the competitive landscape among major players in the industry [4][11][13] Additional Insights - **Export Performance**: The performance of both optical fiber/cables and connectors in January was strong, with significant contributions from North America and Western Europe, driven by shipments of ultra-high density cables to hyperscale data centers [11][13] - **Splicer Exports**: The export value for splicers showed mixed results, with a decline of 9% YoY from Kumamoto customs but a significant increase of 200% YoY from Yokohama customs, indicating variability in demand across different product categories [12] - **Key Manufacturing Sites**: Major optical fiber/cable manufacturing sites in Japan include SEI's Yokohama Works, Fujikura's Sakura Works, and Furukawa Electric's Mie Works, highlighting the concentration of production capabilities in specific regions [13] Conclusion - The wire and cable industry in Japan is experiencing robust growth, particularly in the optical fiber and connector segments, driven by increasing demand from data centers and AI applications. Monitoring of monthly trends and price fluctuations will be essential for understanding future market dynamics [6][9]

Summary of Key Points from the Conference Call Industry Overview - The report focuses on the **optical fiber and cable industry** in **Japan** [3][4][6]. Core Insights - **Export Performance**: - In December, the export value of optical fiber/optical fiber cable connectors reached **¥4.5 billion**, marking a **64% year-over-year increase** and a **9% month-over-month increase**. The three-month average also showed a **41% year-over-year increase** [4]. - The total export value of optical fiber/cables was **¥9.0 billion**, with a **50% year-over-year increase** and an **8% month-over-month increase**. Optical cables accounted for **¥4.5 billion** and optical fiber for **¥3.7 billion** [5][9]. - **Demand Drivers**: - The strong demand is attributed to the **cross-connectivity of AI servers**, which require significantly more connectors than usual. Shipments to Asia also reached a record high [4]. - **Customs Breakdown**: - The export value breakdown shows **¥4.3 billion** from Tokyo Customs and **¥0.16 billion** from Nagoya Customs. It is inferred that shipments through Tokyo Customs are primarily from **Fujikura** and **Sumitomo Electric**, while those through Nagoya are from **Furukawa Electric** [4][10]. Implications for the Industry - The robust performance in December indicates strong demand from **data centers**, which is a positive sign for the wire and cable industry. However, price trends are difficult to analyze due to the variety of products involved, and single-month data should be monitored for fluctuations [6]. Additional Insights - **Splicer Exports**: The export value for splicers was **¥0.85 billion**, with **¥0.58 billion** from Kumamoto Customs and **¥0.27 billion** from Yokohama Customs. The performance varied significantly, with Yokohama showing a **36% decrease year-over-year** but a **147% increase month-over-month** [11]. - **Power Cable Exports**: The total export value for power cables (1kV+) was **¥1.3 billion** [12]. Key Manufacturing Sites - Major optical fiber/cable manufacturing sites in Japan include **SEI's Yokohama Works**, **Fujikura's Sakura Works**, **Furukawa Electric's Mie Works**, and **OCC** for submarine optical cables [13]. Analyst Ratings - The industry view is rated as **Attractive** by **Morgan Stanley** [7]. - Companies covered include: - **Fujikura (5803.T)**: Overweight rating - **Furukawa Electric (5801.T)**: Equal-weight rating - **Sumitomo Electric (5802.T)**: Equal-weight rating [77]. This summary encapsulates the key points from the conference call, highlighting the performance metrics, demand drivers, and implications for the optical fiber and cable industry in Japan.

As filed with the Securities and Exchange Commission on August 29, 2025 Registration No. 333-XXXXX FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) 15/Fl. B, No. 77, Sec. 2 Dunhua South Road Taipei, 106, Taiwan Republic of China Tel: +886-2-2712-2558 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ASIA PACIFIC WIRE & CABLE CORPORATION LIMITED (Exact ...