Sumitomo Electric Industries has formulated the mid-term management plan 2028 covering the three years from fiscal 2026, setting targets of 6 trillion yen in sales, 600 billion yen in operating profit, and pre-tax ROIC of 15% or more in fiscal 2028.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"5802","jir_company_name":"Sumitomo Electric Industries, Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-05-12","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/5802-20260512-04.pdf","jir_short_summary":"Sumitomo Electric Industries has formulated the mid-term management plan 2028 covering the three years from fiscal 2026, setting targets of 6 trillion yen in sales, 600 billion yen in operating profit, and pre-tax ROIC of 15% or more in fiscal 2028.","jir_summary":"### Overview of the Mid-term Management Plan 2028\nSumitomo Electric Industries has formulated the 'Mid-term Management Plan 2028' covering the three years from fiscal 2026 to fiscal 2028. The plan sets targets of 6 trillion yen in sales, 600 billion yen in operating profit, and pre-tax ROIC of 15% or more. The company has identified three strategic focus areas: 'Digital & AI', 'Energy', and 'Mobility', while also emphasizing\u878d\u5408 (fusion)\u9886\u57df (domains). Over the three years, the company will invest a cumulative 1 trillion yen in capital expenditure, leveraging technical strengths to respond to global changes and aim for growth.\n\n### Business Strategy and Numerical Targets\nThe business strategy includes launching high-performance products for the North American hyper-data center market in digital and AI domains, strengthening cable manufacturing and construction capabilities in energy, and expanding global share of wire harnesses in mobility. The numerical targets include increasing sales from 5.11 trillion yen in fiscal 2025 to 6 trillion yen, and operating profit from 418.2 billion yen to 600 billion yen. R&D expenses over three years are planned at 540 billion yen, with capital expenditure of 1 trillion yen.","jir_financial_highlights":"Sales: 6 trillion yen (Approximately 1 trillion yen increase from actual results of fiscal 2025 of 5,110.2 billion yen)\nOperating Profit: 600 billion yen (Approximately 50% increase from actual results of fiscal 2025 of 418.2 billion yen)\nPre-tax ROIC: 15% or more (Unknown)\nCapital expenditure (cumulative over 3 years): 1 trillion yen (Increase from actual results of fiscal 2023\u20132025 of 680.3 billion yen)\nResearch and Development Expenses (cumulative over 3 years): 540 billion yen (Increase from actual results of fiscal 2023\u20132025 of 461.2 billion yen)","jir_category":"","jir_hashtags":"#SumitomoElectric, #MidtermManagementPlan, #BusinessStrategy, #JapaneseStocks","jir_key_figures":"Sales target: 6 trillion yen (2028 fiscal year)\nOperating profit target: 600 billion yen (2028 fiscal year)\nPre-tax ROIC target: 15% or more\nCumulative capital expenditure: 1 trillion yen (fiscal 2026\u20132028)\nCumulative R&D expenses: 540 billion yen (fiscal 2026\u20132028)","jir_meta_title":"\u3010Sumitomo Electric\u3011Mid-term Management Plan 2028 | Targeting 6 Trillion Yen in Sales and 600 Billion Yen in Operating Profit","jir_meta_description":"Sumitomo Electric Industries has formulated the Mid-term Management Plan 2028, aiming for sales of 6 trillion yen, operating profit of 600 billion yen, and pre-tax ROIC of 15% or more over three years from fiscal 2026. Focus areas include digital & AI, energy, and mobility.","jir_og_title":"\u3010Sumitomo Electric\u3011Mid-term Management Plan 2028 | Targeting 6 Trillion Yen in Sales and 600 Billion Yen in Operating Profit","jir_og_description":"Sumitomo Electric announces its Mid-term Management Plan aiming for 6 trillion yen in sales, 600 billion yen in operating profit, and pre-tax ROIC of 15% or more by 2028. The plan highlights growth strategies in three key areas.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":6915,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-47374","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n