Sumitomo Electric Industries Reports Strong Annual Earnings

Sumitomo Electric Industries ( (SMTOF) ) has released its Q4 earnings. Here is a breakdown of the information Sumitomo Electric Industries presented to its investors.

Sumitomo Electric Industries, Ltd. is a Japanese company operating in the manufacturing sector, primarily focused on producing electric wires, cables, and other related products across various industries, including automotive, infocommunications, and industrial materials.

In its latest earnings report for the fiscal year ending March 31, 2025, Sumitomo Electric Industries reported a notable increase in net sales and profits compared to the previous year. The company achieved net sales of ¥4,679,789 million, marking a 6.3% increase, while operating profit surged by 41.5% to ¥320,663 million.

Key financial metrics highlighted in the report include a 43.7% increase in ordinary profit to ¥309,496 million and a 29.4% rise in profit attributable to owners of the parent, reaching ¥193,771 million. The company’s return on equity improved to 8.6%, and the equity-to-asset ratio increased to 51.6%. Additionally, Sumitomo Electric announced a higher annual dividend per share of ¥97.00, reflecting its strong financial performance.

Looking ahead, Sumitomo Electric Industries has set a cautious forecast for the fiscal year ending March 31, 2026, with expectations of a slight decline in net sales and profits. Despite this, the company remains committed to enhancing shareholder value and maintaining its competitive position in the market.