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Sumitomo Electric (TSE:5802) Is Up 12.1% After Upgrading Full-Year Earnings Guidance Has The Bull Case Changed?
In early February 2026, Sumitomo Electric Industries raised its full-year guidance, projecting net sales of ¥4.90 trillion and profit attributable to owners of parent of ¥320.00 billion, after reporting nine-month sales of ¥3.69 trillion and net income of ¥177.21 billion through December 31, 2025.
The company’s upgraded outlook, alongside higher basic earnings per share guidance of ¥410.30 versus ¥294.90 previously, highlights a marked improvement in profitability expectations within the...