Sumitomo Electric Industries, Ltd.

Equities

5802

JP3407400005

Auto, Truck & Motorcycle Parts

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
2,370 JPY -0.44% Intraday chart for Sumitomo Electric Industries, Ltd. -0.63% +31.97%

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Sumitomo Electric Industries, Ltd. Provides Earnings Guidance for the Fiscal Year 2023 CI
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Sumitomo Electric Industries, Ltd. Reports Earnings Results for the Full Year Ended March 31, 2023 CI
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Hanwa Co., Ltd. acquired 20% stake in Misawa Trading Co., Ltd. from Sumitomo Electric Industries, Ltd. CI
Sumitomo Electric Industries, Ltd. completed the acquisition of an additional 45.29% stake in TECHNO ASSOCIE Co., Ltd. from group of shareholders for ¥14.3 billion CI
Sumitomo Electric Industries, Ltd. completed the acquisition of an additional 41.95% stake in Nissin Electric Co., Ltd. from group of shareholders for ¥76.2 billion. CI
Sumitomo Electric Industries, Ltd. made a tender offer to acquire remaining 49.08% stake in TECHNO ASSOCIE Co., Ltd. from group of shareholders for ¥15.5 billion. CI
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UBS Adjusts Sumitomo Electric Industries’ Price Target to 1,540 Yen From 1,420 Yen, Keeps at Neutral MT
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Chart Sumitomo Electric Industries, Ltd.
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Sumitomo Electric Industries, Ltd. is one of the world's leaders of electric wires and cables, and fiber optic manufacturing. Net sales (including intragroup) break down by sectors of activity as follows: - automotive (54.8%): cable beams, rubber anti-vibration products, etc.; - energy and environment (21.1%): copper electric wires, electric cables, magnet wires, power cables, etc.; - electronic (7.8%): electronic wires, semiconductors components, electronic components, printed circuit boards, etc.; - information and communication (7.5%): fiber optic cables, optic components, network cabling systems, etc.; - others (8.8%): primarily steel special wires. Net sales break down geographically as follows: Japan (42.7%), China (19.7%), Asia (10.7%), the United States (11.8%), the Americas (4.2%) and other (10.9%).
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More about the company
Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
2,370 JPY
Average target price
2,456 JPY
Spread / Average Target
+3.66%
Consensus
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  5. UBS Adjusts Sumitomo Electric Industries’ Price Target to 1,540 Yen From 1,420 Yen, Keeps at Neutral