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    5802   JP3407400005

SUMITOMO ELECTRIC INDUSTRIES, LTD.

(5802)
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Delayed Japan Exchange  -  02:00 2022-09-27 am EDT
1542.00 JPY   +1.08%
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Sumitomo Electric Exhibits at CIGRE 2022 Technical Exhibition

08/02/2022 | 07:47am EDT

Sumitomo Electric Industries, Ltd. will exhibit at CIGRE 2022 Technical Exhibition, the world's largest power system technology exhibition to be held from August 29 to September 2, 2022, at the Palais des Congres, Paris, France.

The CIGRE 2022 Technical Exhibition is the world's largest power system technology exhibition, attracting more than 300 exhibitors from around 100 countries involved in the power industry and around 10,000 visitors, who come to see specialized technologies, products, and talk sessions.

Sumitomo Electric will exhibit products such as DC (direct current) XLPE (cross-linked polyethylene) cables suitable for long-distance and large-capacity power transmission, and dynamic cables essential for floating offshore wind power generation. We will also be presenting panels showing the achievements of power cable projects that we have undertaken around the world.

(C) 2022 Electronic News Publishing, source ENP Newswire

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Analyst Recommendations on SUMITOMO ELECTRIC INDUSTRIES, LTD.
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Financials
Sales 2023 3 789 B 26 164 M 26 164 M
Net income 2023 108 B 748 M 748 M
Net Debt 2023 581 B 4 009 M 4 009 M
P/E ratio 2023 11,1x
Yield 2023 3,27%
Capitalization 1 203 B 8 304 M 8 304 M
EV / Sales 2023 0,47x
EV / Sales 2024 0,45x
Nbr of Employees 281 075
Free-Float 93,8%
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Mean consensus OUTPERFORM
Number of Analysts 9
Last Close Price 1 542,00 JPY
Average target price 1 774,44 JPY
Spread / Average Target 15,1%
EPS Revisions
Managers and Directors
Osamu Inoue Manager-Automobile
Masayoshi Matsumoto Director
Junji Ito Executive Officer
Hiroshi Sato Independent Outside Director
Michihiro Tsuchiya Independent Outside Director
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