Sumitomo Electric Industries Ltd - Company Profile
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Sumitomo Electric Industries Ltd (Sumitomo) is a developer, producer, marketer, and distributor of products related to electronics, info-communications, automotive, industrial materials, and environment and energy. The company manufactures a wide range of products, from automotive parts and systems to telecommunications and electronics equipment, energy infrastructure, and industrial materials. Sumitomo Electric's products and services cater to a broad customer base across various industries, including automotive, telecommunications, electronics, energy, and industrial sectors. The company and its subsidiaries operate in the Americas, Europe, the Middle East, Africa, and Asia Pacific. Sumitomo is headquartered in Osaka, Japan.
Headquarters
Japan
Address
Sumitomo Bldg, 4-5-33, Kitahama, Chuo-Ku, Osaka, 541-0041
Website
sumitomoelectric.com
Telephone
81 6 62204141
No of Employees
288,145
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
5802 (TYO)
Revenue (2024)
$30.7B
6.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
29.4%
(2024 vs 2023)
Market Cap*
$57.2B
Net Profit Margin (2024)
XYZ
21.8%
(2024 vs 2023)
* As of and is in US$
Sumitomo Electric Industries Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Automotive: | Celmet |
| Aluminum Materials | Sumiboron |
| Sintered ZnS lenses | Sumidia |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In March, the company, America Fujikura Ltd., Corning, and TeraHop PTE. LTD., today partnered to develop a new Multi-Source Agreement, SDM4 MCF MSA. |
| 2026 | New Products/Services | In March, the company introduced IRRAX BM, a biomass wire. |
| 2026 | Contracts/Agreements | In February, the company entered into a partnership with Australian Vanadium Limited for the Western Australian government’s 500MWh Kalgoorlie vanadium battery energy storage system. |
Competitor Comparison
| Key Parameters | Sumitomo Electric Industries Ltd | Amphenol Corp | Fujitsu Ltd | Furukawa Electric Co Ltd | Fujikura Ltd |
|---|---|---|---|---|---|
| Headquarters | Japan | United States of America | Japan | Japan | Japan |
| City | Osaka | Wallingford | Nakahara | Chiyoda-Ku | Koto-Ku |
| State/Province | Osaka | Connecticut | Kanagawa | Tokyo | Tokyo |
| No. of Employees | 288,145 | 170,000 | 113,000 | 51,167 | 51,262 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Masayoshi Matsumoto | Chairman; Chief Executive Officer | Executive Board | 2017 | 82 |
| Osamu Inoue | Chief Operating Officer; Director; President | Executive Board | 2017 | 74 |
| Hideo Hato | Director; Executive Vice President | Executive Board | 2023 | 69 |
| Katsuaki Watanabe | Director | Non Executive Board | 2021 | 84 |
| Kyoko Kawamata | Director | Non Executive Board | 2024 | 62 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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