Sumitomo Electric Industries ( (SMTOF) ) has released its Q1 earnings. Here is a breakdown of the information Sumitomo Electric Industries presented to its investors.
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Sumitomo Electric Industries, Ltd., a prominent player in the electrical and electronic manufacturing sector, is known for its diverse product range including automotive, infocommunications, and industrial materials. The company is listed on multiple Japanese stock exchanges, including Tokyo, Nagoya, and Fukuoka.
In its latest earnings report for the three months ended June 30, 2025, Sumitomo Electric Industries reported a modest increase in net sales and profits compared to the same period last year. The company achieved net sales of ¥1,148,436 million, marking a 2.9% year-on-year growth, while operating profit rose by 13.2% to ¥60,301 million.
Key financial highlights include a 10.6% increase in profit attributable to owners of the parent, reaching ¥35,119 million. The company’s basic earnings per share also saw an improvement, rising to ¥45.03 from ¥40.73 in the previous year. Despite a decrease in comprehensive income, which fell by 78.8%, the company maintained a stable equity-to-asset ratio of 50.8%.
Looking ahead, Sumitomo Electric Industries has revised its financial forecasts for the fiscal year ending March 31, 2026. The company anticipates a slight decline in full-year net sales and operating profit but expects a 5.8% increase in profit attributable to owners of the parent. This cautious yet optimistic outlook reflects the company’s strategic adjustments in response to market conditions.