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Sumitomo Electric Industries ( (JP:5802) ) has provided an update.
Sumitomo Electric Industries reported a modest increase in net sales by 2.9% for the three months ended June 30, 2025, compared to the previous year. The company achieved a notable rise in operating profit by 13.2% and profit attributable to owners of the parent by 10.6%. Despite these positive financial indicators, comprehensive income saw a significant decline of 78.8%. The company also announced a revision to its financial forecasts for the fiscal year ending March 31, 2026, indicating a cautious outlook with slight decreases in net sales and operating profit.
The most recent analyst rating on (JP:5802) stock is a Hold with a Yen2650.00 price target. To see the full list of analyst forecasts on Sumitomo Electric Industries stock, see the JP:5802 Stock Forecast page.
More about Sumitomo Electric Industries
Sumitomo Electric Industries, Ltd. operates in the electrical and electronics industry, focusing on the development and manufacturing of advanced materials and components for various sectors, including automotive, information technology, and energy. The company is listed on multiple stock exchanges in Japan, including Tokyo, Nagoya, and Fukuoka.
Average Trading Volume: 3,473,193
Technical Sentiment Signal: Buy
Current Market Cap: Yen2736.6B
Learn more about 5802 stock on TipRanks’ Stock Analysis page.