Sumitomo Electric Industries Ltd 5802

Morningstar Rating

Sumitomo Electric Is a Highly Diversified Wire and Cable Player With a Lead in Automotive Harness

Business Strategy and Outlook

Under the Medium Term Plan 2028, Sumitomo Electric Industries, or SEI, aims to leverage groupwide integration to capture cross-business synergies. It sees three key business domains as crucial: energy, info-communications, and mobility, with JPY 1 trillion in sales growth targeted from these domains.

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