Sumitomo Electric Industries Ltd
5802: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|n> | LOCK|#mM$H | LOCK|?Zs?&#! |
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%.
