Sumitomo Electric Industries announced its first-quarter results for the fiscal year ending March 2027, reporting increases in both revenue and operating profit. The company raised its full-year forecast and also referred to the effective dividend increase following the July stock split.
On 4 September 2026, Sumitomo Electric Industries reported increases in revenue and profit in its first-quarter results for the fiscal year ending March 2027, announced on 31 July, and raised its full-year consolidated earnings forecast. While the automotive-related business remains the main source of revenue, operating profit from the information and communications-related business exceeded that of the automotive-related business in the first quarter. The company explained that expanding demand from data centers was a contributing factor.
The share price closed at ¥2,133 that day, up 1.43% from the previous day. The company also referred to the continuation of an effective dividend increase following the stock split carried out in July.
The factors behind the results were explained, including segment-by-segment changes in profit and loss and the background factors affecting post-split share price performance. In particular, expanding demand from data centers was identified as a factor driving operating profit higher.