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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Sumitomo Electric Industries, Ltd.    5802   JP3407400005

SUMITOMO ELECTRIC INDUSTRIES, LTD.

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Sumitomo Electric Industries : High-efficiency PCD Cutter for Aluminum Alloys "ALNEX™ANX Type" Series Expansion, Development and Launch of Modular Type Heads

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06/08/2020 | 12:16am EDT

June 8, 2020
Sumitomo Electric Industries, Ltd.
*This press release was originally published in Japanese on March 26, 2020.

Sumitomo Electric Industries, Ltd. (head office: Chuo-ku, Osaka, President: Osamu Inoue, hereafter 'our company') has developed and launched a Modular Type series expansion of the high-efficiency PCD cutter for Aluminum Alloys 'ALNEX™ANX Type' from April 2020.

In recent years, the automobile industry has endeavored to reduce the weight of their engine components in a bid to improve fuel efficiency, and this has sparked the increasing use non-ferrous materials such as Aluminum Alloys. Similarly, there is an increased demand for lightweight tools that can perform under high-speed, high-efficiency conditions and be used on smaller machines, in order to improve machining efficiency.

In response to these needs, our company launched the High-efficiency PCD Cutter for Aluminum Alloys 'ALNEX™ANX Type' in April 2019.

The series now includes Shell Type cutters with varying number of teeth (18 items); Shank Type cutters in φ25, 30, and 50mm (6 items) along with φ32 and 40mm cutters (2 items) with varying number of teeth; as well as the newly launched Modular Type cutters (7 items). In addition, we have also expanded the corner radius of the blade to 0.8mm (1 item), to support the various machining requirements of the automobile, aircraft and industrial machinery industries etc.

1. Features

  1. High-speed/high-efficiency machining
    The use of a unique blade mounting method enables multiple-tooth design of 4.5 teeth per inch, achieving high machining efficiency with a feed rate of 30,000mm/min or more.
    In addition, blade displacement due to centrifugal force at high rotation speeds is minimized to achieve high dimensional accuracy.
  2. Light-weight
    The use of an Aluminum Alloy body keeps the cutter weight at 1.0kg or less, even for φ100mm cutters. This lightweight cutter has been developed for use on smaller machines.
  3. Improved chip control
    The use of a newly developed carbide molding technology, coolant* is supplied through the SUMIDIA™blade and directed at the cutting edge with constantly high pressure to finely break chips.

2. Lineup

  • Body: Additional 33 items (series total 70 items)
    ANXS Type New Cutter diameter φ25 to φ40mm
    (Modular Type)
    7 items
    (series total 7 items)
    Expansion Cutter diameter φ25 to φ50mm
    (Shank Type)
    8 items
    (series total 10 items)
    Expansion Cutter diameter φ40 to φ125mm
    (Shell Type)
    10 items
    (series total 29 items)
    ANXA Type Expansion Cutter diameter φ80 to φ160mm
    (Shell Type)
    8 items
    (series total 24 items)
  • Blade expansion: Nose radius 0.8mmn - 1 item, 1 grade (series total 7 items)

3. Sales Plan

100 million JPY/year in the first year, 300 million JPY/year after 2 years

* Coolant: Rust-proof liquid applied to work materials and tools for cooling purposes. Cutting / grinding fluid.

Disclaimer

Sumitomo Electric Industries Ltd. published this content on 08 June 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 June 2020 04:07:08 UTC


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Financials
Sales 2021 2 786 B 26 557 M 26 557 M
Net income 2021 12 886 M 123 M 123 M
Net Debt 2021 267 B 2 544 M 2 544 M
P/E ratio 2021 70,1x
Yield 2021 2,76%
Capitalization 905 B 8 629 M 8 623 M
EV / Sales 2021 0,42x
EV / Sales 2022 0,40x
Nbr of Employees 283 910
Free-Float 94,9%
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Number of Analysts 8
Average target price 1 528,75 JPY
Last Close Price 1 160,00 JPY
Spread / Highest target 60,3%
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NameTitle
Osamu Inoue President & Representative Director
Masayoshi Matsumoto Chairman
Junji Ito Managing Director, GM-Research & Development
Mitsuo Nishida Representative Director & Vice President
Nozomi Ushijima Representative Director & Vice President
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