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An update from Sumitomo Electric Industries ( (JP:5802) ) is now available.
Sumitomo Electric Industries has announced that its financial results for the first half of the fiscal year ending March 31, 2026, have surpassed previous forecasts due to strong demand in key sectors and effective cost management. Consequently, the company has revised its full-year financial and dividend forecasts upwards, reflecting improved business performance and a strategic focus on maintaining stable dividend payouts. Additionally, the company is undergoing a reorganization of its listed subsidiaries, which may impact future financial results.
The most recent analyst rating on (JP:5802) stock is a Buy with a Yen5556.00 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 automotive, environment and energy, and infocommunications sectors, focusing on providing innovative solutions and products across these industries.
Average Trading Volume: 3,942,618
Technical Sentiment Signal: Buy
Current Market Cap: Yen4132.6B
See more data about 5802 stock on TipRanks’ Stock Analysis page.