Dr. James Andrews will perform the surgery. Estimated recovery time is 11 to 13 months from Tommy John surgery.
Fujikawa was placed on the 60 day DL May 27 with a muscular of the right forearm. The 32-year-old Japanese pitcher signed a two-year, $9.5 million contract with Chicago in December.
He appeared in 12 games for the Cubs with a 1-1 record and 5.25 ERA (two saves). Fujikawa pitched 12 years in Japan, saving 220 games during his career.