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Diversified Sumitomo-group maker of automotive wiring harnesses, electronics, and optical-fiber/telecom cable.
Diversified Sumitomo-group maker of automotive wiring harnesses, electronics, and optical-fiber/telecom cable.
Wiring harnesses, the bundles of cable that carry power and signals through a vehicle, are made to order for each car model, so volume follows automakers' production and Japanese automakers are the base. Power cables, optical fibre and hard-alloy tools make it a diversified group, and it belongs to the Sumitomo group of companies.
In one line: A Corning-meets-auto-harness supplier.
Moat: narrow (scale, customer qualification, process know-how). Long-standing automaker qualification and global harness-plant scale; commodity materials still pressure margins.
Headquarters: Osaka, Japan · Founded: 1897 · Employees: 302,972
Size Sumitomo Electric Industries (5802.T) is a Japan Consumer Discretionary company (Auto Parts: OEM) with a market value of $27.3B, the 63rd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,360 on 6 Nov 2026.
Performance Over six months the shares fell 46.6%, against -3.9% for the median peer and +1.8% for the Japan market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 14.5% over the last twelve months (peer median +9.6%); the operating margin is 8.8% (peer median 9.7%).
Valuation It trades at 11.4× forward earnings against a peer median of 21.2× (8th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is +1 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 4.4 points below its cost of capital (13.9% WACC).
Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥5.50T | ¥5.11T | ¥4.68T | ¥4.40T | ¥4.01T |
| Revenue growth | — | +9% | +6% | +10% | — |
| Gross profit | ¥1.13T | ¥1.12T | ¥961B | ¥838B | ¥737B |
| EBITDA | ¥705B | ¥631B | ¥528B | ¥433B | ¥374B |
| Net income | ¥431B | ¥370B | ¥194B | ¥150B | ¥113B |
| Free cash flow | n/a | ¥203B | ¥202B | ¥214B | ¥80.7B |
| Capital expenditure | n/a | ¥222B | ¥200B | ¥179B | ¥184B |
| Total debt | ¥705B | ¥710B | ¥776B | ¥801B | ¥960B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Sumitomo Electric Industries 5802.T | $27.3B | -47% | +14% | 9% | 11.4× | 13.3% |
| Furukawa Electric 5801.T | $8.75B | -54% | +13% | 6% | 11.9× | n/a |
| Fujikura 5803.T | $33.0B | -50% | +28% | 19% | 14.3× | 28.9% |
| Corning GLW | $91.4B | -43% | +19% | 17% | 25.4× | 24.7% |
| Prysmian PRY.MI | $33.9B | -35% | +17% | 8% | 20.2× | 13.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 5802.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -46.4% | 0.0% | lowest of 21 |
| 6-month return | -46.6% | -3.9% | lowest of 21 |
| Distance from 52-week high | -63.4% | -21.2% | lowest of 21 |
| Revenue growth (TTM) | +14.5% | +9.6% | 8th highest of 21 |
| Operating margin | 8.8% | 9.7% | 9th lowest of 21 |
| Forward P/E | 11.4× | 21.2× | 8th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 13.3% | 8.5% | 9th most demanding of 21 |
| Growth delivered (Del g) | +11.9% | +8.3% | 7th highest of 21 |
| Hurdle (Req g minus delivered) | +1.4 pp | -4.4 pp | 10th most demanding of 21 |
| ROIC minus cost of capital | -4.4 pp | +2.0 pp | lowest of 21 |
| EV / EBITDA | 6.9× | 11.7× | 4th cheapest of 16 |
| Net debt / EBITDA | 0.7× | 1.0× | 7th least indebted of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sumitomo Electric Industries 5802.T | Japan | $27.3B | -47% | +14% | 9% | 11.4× | 13.3% | +11.9% |
| Weichai Power 000338.SZ | China | $24.2B | -40% | +8% | 7% | 11.0× | -6.1% | +3.3% |
| Shenzhen Inovance Technology 300124.SZ | China | $23.0B | -17% | +19% | 10% | 27.0× | 21.3% | +31.4% |
| Denso 6902.T | Japan | $32.5B | -1% | +7% | 7% | 12.1× | 3.4% | +8.8% |
| Mobis 012330.KS | South Korea | $22.3B | -18% | +4% | 6% | 8.3× | -1.0% | +10.8% |
| ITT ITT | United States | $18.4B | 0% | +28% | 17% | 21.6× | 20.9% | +9.7% |
| Jiangsu Hengli Hydraulic 601100.SS | China | $17.9B | -15% | +31% | 24% | 38.2× | 24.0% | +6.9% |
| Samvardhana Motherson International MOTHERSON.NS | India | $17.9B | +22% | +14% | 6% | 30.2× | 30.9% | +17.0% |
| Knorr-Bremse KBX.DE | Germany | $17.1B | -9% | +4% | 13% | 20.7× | 8.6% | +4.9% |
| Magna International MG.TO | Canada | $16.1B | +4% | 0% | 6% | 8.2× | 0.1% | +6.0% |
| Bosch BOSCHLTD.NS | India | $15.8B | +34% | +14% | 12% | 49.7× | 46.8% | +15.7% |
| Cummins India CUMMINSIND.NS | India | $11.9B | -25% | +15% | 19% | 43.5× | 39.5% | +22.7% |
| Ningbo Tuopu 601689.SS | China | $11.7B | -26% | +11% | 9% | 29.9× | 15.3% | +35.4% |
| Trelleborg TREL-B.ST | Sweden | $10.1B | +19% | +2% | 19% | 22.9× | 9.6% | +2.6% |
| Aisin 7259.T | Japan | $9.78B | -14% | +6% | 4% | 10.0× | -0.3% | +7.7% |
| Donaldson DCI | United States | $9.77B | -2% | +5% | 16% | 19.5× | 8.3% | +6.4% |
| Allison Transmission ALSN | United States | $9.65B | -6% | +71% | 20% | 11.0× | 2.6% | +7.7% |
| Niterra 5334.T | Japan | $9.01B | +5% | +16% | 19% | 9.9× | 4.0% | +11.3% |
| Autoliv ALV | United States | $8.89B | +2% | +4% | 10% | 11.0× | 2.6% | +7.7% |
| HELLA GmbH & Co. KGaA HLE.DE | Germany | $8.26B | -7% | -1% | 5% | 34.7× | 2.4% | +6.1% |
| UNO Minda UNOMINDA.NS | India | $8.11B | +16% | +19% | 8% | 53.6× | 46.9% | +25.0% |