Sumitomo Electric stock falls 4.05 percent in Tokyo trading
Published on 10/08/2026 at 03:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Sumitomo Electric stock was down 4.05 percent in Tokyo trading on October 8, 2026, while its market capitalization stood at JPY 7.4 trillion. The company had published its Integrated Report 2026 on October 2, according to Sumitomo Electric.
Q1 revenue rose 16 percent
For the three months ended June 30, 2026, Sumitomo Electric generated revenue of JPY 1.33 trillion, up 16 percent from the year-earlier quarter, while net income rose 89 percent to JPY 66.4 billion, according to Simply Wall St.
The same Q1 comparison showed EPS of JPY 21.29 versus JPY 11.26 a year earlier, while profit margin increased to 5.0 percent from 3.1 percent. Revenue exceeded analyst estimates by 9.5 percent, but EPS missed the estimate by 2.0 percent, creating a mixed earnings signal despite the higher profit base.
Analysts see 44.75 percent upside
The 12-month consensus listed by Investing.com is Buy, based on 11 analysts. The average target is JPY 3,447.27, with a low of JPY 2,600 and a high of JPY 5,300.
Against the Tokyo price of JPY 2,381.50, the average target lies 44.75 percent above the price. That gap reflects a forward-looking analyst view rather than a company forecast, while the lower target remains above the current quote.
Stock remains below its yearly high
Sumitomo Electric stock is 35.9 percent below its 52-week high of JPY 3,712.50 and remains above the 52-week low of JPY 1,078.75. Trading volume reached 6,026,900 shares during the October 8 session, giving the decline a measurable market footprint.
The next scheduled checkpoint is October 30, 2026, when the company is set to report second-quarter FY2027 results, according to Simply Wall St. The date gives investors a defined test for whether the Q1 earnings improvement can continue.
Tokyo quote falls below JPY 2,400
At 10:28 a.m. JST on October 8, 2026, Sumitomo Electric stock was last at JPY 2,381.50 on the Tokyo Stock Exchange, down JPY 100.50 from the prior close of JPY 2,482.
Sumitomo Electric stock facts
- Company: Sumitomo Electric Industries, Ltd.
- Ticker: 5802.T
- Trading venue: Tokyo Stock Exchange
- Price (as of October 8, 2026, 10:28 a.m. JST): JPY 2,381.50
- Market capitalization: JPY 7.4 trillion (as of October 8, 2026)
- 52-week range: JPY 1,078.75-3,712.50 (as of October 8, 2026)
Upcoming dates for Sumitomo Electric stock
- October 30, 2026: Second-quarter FY2027 results
