Sumitomo Electric Industries Ltd

5802: XTKS (JPN)
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Sumitomo Electric Earnings: Infocomms Led the Beat on AI Capex Spending; Raising Fair Value Estimate

Sumitomo Electric reported first-half fiscal 2026 (ending March 2027) net profit of JPY 159.4 billion, up 63% year over year. Revenue rose 17%, driven by growth in automotive and infocomms. Operating profit rose 44%, supported by a weaker yen and higher copper prices. Profit guidance rose 9%.

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