Sumitomo Electric Industries, Ltd.
Fiscal Year Ending March 2027 – Second Quarter (Interim) Financial Summary [Japanese GAAP] (Consolidated)
Interim net sales were 2,764,912 million yen, up 16.5% year-over-year. Operating income was 219,567 million yen, ordinary income was 231,241 million yen, and net income attributable to owners of parent was 159,384 million yen, a substantial increase year-over-year. Full-year forecasts were revised upward, and the annual dividend is expected to be 44 yen. Earnings per share were calculated taking into account the effect of the stock split.
Key Figures
- Net Sales: 2,764,912 million yen (Year-over-Year +16.5%)
- Operating Income: 219,567 million yen (Year-over-Year +43.5%)
- Net Income Attributable to Owners of Parent (Interim): 159,384 million yen (Year-over-Year +62.7%)
AI要約
Overview of Results
Sumitomo Electric Industries, Ltd. achieved record-high net sales in the second quarter despite global economic uncertainty, supported by increased demand related to data centers, automotive and information & communications. By segment, Environment & Energy, Information & Communications, Electronics, and Industrial Materials all performed solidly. Productivity improvements, a favorable product mix and price improvements drove significant increases in operating income, ordinary income and interim net income compared with the prior year. Total assets expanded in the interim period, and the equity ratio remained flat at 55.4% year-on-year.
Outlook and Initiatives
Under the Medium-Term Management Plan 2028, the company will strengthen three domains: Digital/AI, Energy and Mobility. It will accelerate capacity expansion and new product development to capture data center demand, focus on expanding orders for power cables, and pursue long-term procurement and cost reduction. In the automotive segment, global procurement and production optimization will be advanced, and development of new products for next-generation mobility markets will be accelerated. Through company-wide DX promotion and supply chain reform, the company aims to achieve net sales of 6 trillion yen and operating income of 600 billion yen.
Sumitomo Electric Industries, Ltd.
Company overview · Stock price · Financial data · All IR
