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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 : Launches TYPE-72C+, the World's First AI-Programmed High-Definition Core-Aligning Fusion Splicer

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09/04/2020 | 12:35am EDT

September 4, 2020
Sumitomo Electric Industries, Ltd.

Sumitomo Electric Industries, Ltd. announces the release of the world's first*1 AI (artificial intelligence)-programmed high-definition core-aligning fusion splicer, the TYPE-72C+.

The TYPE-72C+ offers improved splicing performance, reliability, and overall experience with our new features and technologies, while maintaining all of the industry-leading features of its predecessor, the TYPE-72C, including its world-class*2 light and compact frame, quick splicing, and environmental durability.

The TYPE-72C+ is equipped with NanoTune™ technology, which greatly improves splicing efficiency and accuracy regardless of operational condition and user skill, with the use of AI algorithms. The TYPE-72C+ drastically reduces the need of splice reworks caused by insufficient fiber preparation such as poor cleaving, thus reducing overall costs. Its Preventive Maintenance feature enables users to be alerted of upcoming repairs or consumable replacement, thus reducing unexpected downtime. SumiCloud™*3 supports this function with wireless LAN connectivity*4.

The TYPE-72C+ can splice in 5 seconds in Quick Mode, and has an improved heating time of 8 seconds. In addition to a variety of highly regarded functions inherited from its predecessor, such as the lightweight and compact design and shock-proof, dust-proof, and drip-proof frame, the TYPE-72C+ saves power consumption by 7% with a newly employed heat-resistant material, thereby enabling 320 operation cycles on a full charge.

With the increase in remote work and telemedicine, as well as online learning, establishment of high-speed, large-capacity, low-delay communication networks will be increasingly demanded. The Sumitomo Electric Group will contribute to advanced communication networks by developing and providing new products and technologies that meet customer needs with even higher functionality, expandability, and workability.

Sumitomo Electric has drawn on its 40 years of experience in designing and producing this world-leading fusion splicer. The TYPE-72C+ will be available for purchase this autumn in select regions.

*1 Based on an internal investigation.

*2 Based on an internal investigation as of August 1, 2020.

*3 SumiCloud is a system that collectively manages various information related to fusion splicing on the cloud, and can be accessed via smartphones.

*4 Wireless LAN connectivity feature is not available in all countries.

■ References:

Disclaimer

Sumitomo Electric Industries Ltd. published this content on 04 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 September 2020 04:34:01 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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Mean consensus BUY
Number of Analysts 8
Average target price 1 528,75 JPY
Last Close Price 1 160,00 JPY
Spread / Highest target 60,3%
Spread / Average Target 31,8%
Spread / Lowest Target 12,1%
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Managers
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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