- CEO
- Masayoshi Matsumoto
- Full Time Employees
- 293,266
- Sector
- Consumer Cyclical
- Industry
- Auto - Parts
- Address
- 4-5-33, Kitahama Osaka Japan 541-0041
- IPO Date
- Mar 5, 1996
- Business
- Sumitomo Electric Industries, Ltd. Sumitomo Electric Industries, Ltd. manufactures and sells a broad range of electric wires, cables, and advanced materials worldwide, operating through five primary business segments: Automotive, Infocommunications, Electronics, Environment & Energy, and Industrial Materials & Others. The company produces wiring harnesses and components for vehicles; optical fiber cables, fusion splicers, FTTx and data center solutions, communication systems; flexible printed circuits, electronic wires, heat-shrinkable tubing, compound semiconductors; power cables, high-voltage direct current cables including 525 kV HVDC, trolley wires for railways, magnet wires; and compound materials, wire rods, fine polymer products, ceramics. Sumitomo Electric serves automotive manufacturers, telecommunications providers, electronics makers, energy infrastructure operators, and industrial clients across more than 40 countries with over 400 subsidiaries and 288,000 employees. Founded in April 1897 and headquartered at 4-5-33 Kitahama, Chuo-ku, Osaka, Japan, the company recently acquired majority shareholding in German high-voltage cable manufacturer Südkabel in 2024 to expand production capacity in Mannheim for major HVDC projects like Korridor B V49 and Rhein-Main-Link with Amprion, supporting Europe's energy transition; commenced a tender offer in October 2025 to make long-term subsidiary Sumitomo Riko Company Limited a wholly-owned entity, enhancing synergies in mobility products such as integrated harness modules, touch sensors, and EV battery components; and transferred shares in Sumitomo Densetsu Co., Ltd. to Daiwa House Industry Co., Ltd. while establishing a business alliance for ongoing collaboration.