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Sumitomo Electric Industries ( (JP:5802) ) has issued an update.
Sumitomo Electric Industries reported a strong financial performance for the fiscal year ended March 31, 2025, with a notable increase in net sales and profits compared to the previous year. The company achieved a 6.3% increase in net sales and a substantial rise in operating and ordinary profits by 41.5% and 43.7%, respectively. The increase in dividends per share from 77 yen to 97 yen reflects the company’s commitment to providing value to its shareholders. Despite a decrease in comprehensive income, the overall financial health of the company appears robust, with improvements in return on equity and profit ratios, positioning Sumitomo Electric favorably in the industry.
The most recent analyst rating on (JP:5802) stock is a Buy with a Yen3650.00 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 is a prominent player in the manufacturing industry, primarily focusing on producing electric wires, cables, and optical fiber cables. The company is listed on multiple stock exchanges in Japan, including Tokyo, Nagoya, and Fukuoka, indicating its significant presence in the market.
Average Trading Volume: 4,002,014
Technical Sentiment Signal: Buy
Current Market Cap: Yen1904.1B
Find detailed analytics on 5802 stock on TipRanks’ Stock Analysis page.