Producer Manufacturing

Sumitomo Electric Industries Ltd.

Business Summary

Sumitomo Electric Industries, Ltd. engages in the manufacture and sale of electrical wires, cables, and other communication wiring products. It operates through the following business segments: Automotive, Infocommunications, Electronics, Environment and Energy, and Industrial Materials and Others. The Automotive segment supplies wiring harnesses, anti-vibration rubber products, and other automotive parts. The Infocommunications segment offers optical fiber cables, optical fiber fusion splicers, optical data links and other optical components, and access network system products. The Electronics segment provides electronic wires, compound semiconductors, materials for electronic components, and irradiated products. The Environment and Energy segment includes copper wire rods, electric power cables, magnet wires, power systems, and supervisory telecontrol equipment. The Industrial Materials and Others segment consists of special steel wires, cutting tools, diamond and cubic boron nitride tools, and sintered parts. The company was founded in April 1897 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2023	JPY	USD
Revenue	4,005.56B	29,557.52M
Gross Profit	669,976M	4,943.83M
Operating income	177,443M	1,309.37M
Income before tax	196,472M	1,449.79M
Net income	112,654M	831.28M
EBITDA	373,442M	2,755.67M
Diluted EPS	144.45	1.06
Dividends Per Share	50	0.36
Total Assets	4,013.00B	30,152.58M
Total liabilities	1,902.18B	14,292.50M
Total equity	1,899.87B	14,275.14M
Operating cash flow	265,191M	1,956.87M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	3,177.98B	3,107.02B	2,918.58B	3,367.86B	4,005.56B
Gross Profit	649,198M	614,149M	587,704M	637,754M	669,976M
Operating income	166,260M	124,939M	109,604M	122,195M	177,443M
Income before tax	181,388M	133,198M	110,340M	159,921M	196,472M
Net income	118,063M	72,720M	56,344M	96,306M	112,654M
EBITDA	317,316M	289,588M	278,792M	303,546M	373,442M
Diluted EPS	151.38	93.24	72.24	123.48	144.45
Dividends Per Share	48	40	32	50	50
Total Assets	3,053.26B	3,100.26B	3,381.91B	3,807.39B	4,013.00B
Total liabilities	1,276.95B	1,333.61B	1,489.40B	1,754.45B	1,902.18B
Total equity	1,550.88B	1,518.40B	1,628.80B	1,769.78B	1,899.87B
Operating cash flow	177,656M	264,608M	169,656M	76,002M	265,191M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	28,657.69M	28,576.72M	27,518.86M	29,970.47M	29,557.52M
Gross Profit	5,854.18M	5,648.60M	5,541.37M	5,675.34M	4,943.83M
Operating income	1,499.26M	1,149.12M	1,033.44M	1,087.40M	1,309.37M
Income before tax	1,635.67M	1,225.08M	1,040.37M	1,423.13M	1,449.79M
Net income	1,064.64M	668.83M	531.25M	857.02M	831.28M
EBITDA	2,861.41M	2,663.47M	2,628.68M	2,701.24M	2,755.67M
Diluted EPS	1.36	0.85	0.68	1.09	1.06
Dividends Per Share	0.43	0.36	0.30	0.44	0.36
Total Assets	27,585.15M	28,718.07M	30,605.55M	31,368.81M	30,152.58M
Total liabilities	11,536.79M	12,353.41M	13,478.80M	14,454.80M	14,292.50M
Total equity	14,011.68M	14,065.12M	14,740.32M	14,581.15M	14,275.14M
Operating cash flow	1,602.02M	2,433.71M	1,599.66M	676.33M	1,956.87M

Valuation Measures

Mar 2023
PER	11.74
ROA	2.88%
ROE	6.13%
Operating margin	4.42%
Profit margin	2.81%

Key executives

President & Representative Director: Osamu Inoue
Managing Director, GM-Research & Development: Junji Ito
Representative Director & Vice President: Mitsuo Nishida
Representative Director & Vice President: Nozomi Ushijima
Executive Officer: Hiroshi Shikata

Shareholders

Nomura Asset Management Co., Ltd. (4.8%)
Nippon Life Insurance Co. (3.1%)
The Vanguard Group, Inc. (2.5%)
Sumitomo Life Insurance Co. (1.9%)
Daiwa Asset Management Co. Ltd. (1.9%)
Nikko Asset Management Co., Ltd. (1.9%)
Sumitomo Electric Industries Ltd. (1.7%)
BlackRock Fund Advisors (1.5%)
Kochi Shinkin Bank (1.4%)
Norges Bank Investment Management (1.4%)

Contact Details

Website:http://www.sei.co.jp
Address: Sumitomo Building 3/F, 4-5-33 Kitahama, Osaka, 541-0041, Japan
Phone: +81.6.6220.4141

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Competitors

TE Connectivity Ltd.
Coherent Corp.
LEONI AG
Prysmian S.p.A.
Lumentum Holdings, Inc.
Yunnan Lincang Xinyuan Germanium Industry Co., Ltd. Class A
Applied Optoelectronics, Inc.
Iljin Holdings Co., Ltd.
Shawcor Ltd
AXT, Inc.
RBK GROUP INC.
RFHIC Corp.
Lotes Co., Ltd
Qorvo, Inc.
Adamas One Corp.
ILJIN DIAMOND CO LTD
PCL Technologies, Inc.
Neo Performance Materials, Inc.
Guobo Electronics Co., Ltd. Class A
Insteel Industries, Inc.
Victory Giant Technology (HuiZhou) Co., Ltd. Class A
Win Semiconductors Corp.

Last Updated on 1 Jun, 2023