Sumitomo Electric Posts Profit Surge, Hikes Dividend and Plans Stock Split

Sumitomo Electric Industries ( (JP:5802) ) has issued an announcement.

Sumitomo Electric Industries reported strong consolidated results for the fiscal year ended March 31, 2026, with net sales rising 9.2% to ¥5.11 trillion and operating profit jumping 30.4% to ¥418.2 billion. Profit attributable to owners of the parent nearly doubled, up 90.7% to ¥369.5 billion, driving basic earnings per share to ¥473.78 and lifting the equity-to-asset ratio to 56.9%, while robust operating cash flow of ¥425.2 billion supported a higher dividend payout.

The company significantly increased its annual dividend to ¥154 per share for FY2026 and approved a four-for-one stock split effective July 1, 2026, while forecasting modest sales and profit growth for FY2027 but a 13.4% decline in profit attributable to owners of the parent from the elevated FY2026 level. Despite the profit normalization projected for FY2027, Sumitomo Electric’s stronger balance sheet, higher net assets and adjustments to its share and dividend structure underscore a focus on shareholder returns and capital efficiency, with changes in consolidation scope including the exclusion of Sumitomo Densetsu Co., Ltd. potentially impacting future earnings composition.

The most recent analyst rating on (JP:5802) stock is a Buy with a Yen7200.00 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. is a diversified Japanese manufacturer listed on the Tokyo, Nagoya and Fukuoka exchanges, operating primarily in electrical and electronic components, including automotive, industrial and infrastructure-related products. The company serves global markets and maintains a broad portfolio spanning energy, communications and manufacturing applications, positioning it as a key player in Japan’s industrial and technology sectors.

Average Trading Volume: 8,227,442

Technical Sentiment Signal: Buy

Current Market Cap: Yen8816.6B

See more data about 5802 stock on TipRanks’ Stock Analysis page.