Sumitomo Electric Industries announced its interim results for the fiscal year ending March 2027 on 30 October 2026. Revenue was ¥2.764 trillion, showing year-on-year growth, while net profit reached a record high of ¥159.3 billion. The share price also moved toward the end of October following the earnings announcement, with the latest intraday trading showing a decline from the previous day.
Sumitomo Electric Industries announced its interim results for the fiscal year ending March 2027 on 30 October 2026. The earnings report summary showed revenue of ¥2.764 trillion, up 16.5% year on year, operating profit of ¥219.5 billion, up 43.5%, ordinary profit of ¥231.2 billion, up 48.7%, and interim net profit attributable to owners of the parent of ¥159.3 billion, up 62.7%, with each profit figure reaching a record high.
From 26 October through 30 October, the share price traded in a range of ¥1,768 to ¥1,770. In trading on 30 October, it fell ¥100, or 5.35%, from the previous day, and large price movements continued around the earnings announcement.
The company was reported to be working to improve revenue and profitability against a backdrop of growing data-center demand and improvements in product mix and productivity. Future performance checkpoints are expected to include investment and development under the medium-term plan and trends in demand for optical cabling for data centers.