【Sumitomo Electric】2026 Financial Results｜Record-high Sales of 5.11 Trillion Yen and Net Income of 369 Billion Yen

Performance Overview

Sumitomo Electric recorded revenue of 5.11 trillion yen (up 9.2% YoY), operating income of 418.1 billion yen (up 30.4%), and net income of 369 billion yen (up 90.7%) for fiscal year 2026, reaching all-time highs. Segment-wise, demand increases in automotive and information communication fields contributed to steady growth, complemented by cost improvements and product mix optimization. The company also improved asset efficiency and achieved a pre-tax ROIC of 14.7%, reflecting strong profitability and efficiency.

Outlook and Impact on Shareholders

Sumitomo Electric forecasts revenue of 5.3 trillion yen (up 3.7% YoY) and net income of 320 billion yen (down 13.4%) for fiscal year 2027, continuing to focus on business expansion and cost management. The company plans to implement a stock split from July 1, 2026, and increase dividends, with a dividend of 104 yen for fiscal year 2026 and 39 yen for the next term, enhancing investment appeal. Guided by its long-term vision, the company aims to sustain growth by capturing demand in green and digital sectors and enhancing shareholder returns.