Sumitomo Electric Industries Ltd - Company Profile
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Business Description
Sumitomo Electric Industries Ltd (Sumitomo) carries out the designing, production, and sales of diverse products including electric cables, optical fibers and components, advanced electronic devices, automotive components, flow batteries, photovoltaic systems, HVAC, cemented carbide tools, and special steel wires-products.
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R&D Overview
The company’s research and development (R&D) strives to develop various innovative products across its sectors. It primarily focuses on developing novel power systems, advanced automotive systems, Internet of Things (IoT), Artificial Intelligence (AI), optical and 5G wireless systems, cybersecurity, and wiring/connection technologies, optical fiber-related technologies, and silicon carbide technologies. It operates through a network of R&D centers related to transmission devices, IoT, optical communications, energy and electronics, power systems, advanced materials and others. In FY2023, it spent JPY127,672 million on R&D, which as a percentage of revenue, stood at 3.2% and grew 3.7% YoY.
Business Segments
Overview
Designs and manufactures wiring harnesses, vibration-proof rubber, automation, automotive hoses and car electrical equipment. Also, offers steel cords for tire reinforcement, wiring materials, magnet wires, sintered parts and traffic control systems.
Performance
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Overview
Designs and manufactures wiring materials, flexible printed circuits plated wires and alloys wires for electronic parts, optical lenses for infrared devices, heat shrink tubling and heat-resistant tubing and PTFE porous materials. Also, provides micro filtration membrane module and fluorine resin products.
Performance
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Overview
Designs and manufactures energy transmission products such as power distribution cables, railway trolley wires, as well as wire coils for automobiles, home appliances and other applications. Major products include electric conductors, magnet wires, substation and control systems, power systems, and charged beam equipment. Also, offers photovoltaic systems, temperature sensors, redox flow battery, HVAC underground cables, and wire rods.
Performance
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Overview
Designs and manufactures hard metal products, such as cutting tools, that are essential for high-speed, high-performance and high-precision mechanical processing. Its products are used in many industries, including special metal wires for prestressed concrete used in civil engineering and construction projects, special steel wires for automobile industry and oil tempered wires for valve springs. Also, provides optical components, water treatment membrane, diamond and CBN tools and plastic working tools.
Performance
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Overview
Designs and manufactures products that support internet services such as optical fiber cable, data center solutions, opto-electronic devices, fusion splicers, optical lenses, wiring materials, network devices and other equipment. Its major products include optical fiber cables, telecommunications cables and equipment; EO/OE converters, optical transceiver modules/wireless communication devices, compound semiconductor, and heat-shrinkable tubes and tapes.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Target Markets
Belgium, France, Bulgaria, Germany, Hungary and other European countries.
Performance
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Performance
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Performance
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