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Sumitomo Electric Industries Ltd (5802.T)

5802.T on Tokyo Stock Exchange

1,620JPY
2 Dec 2016
Change (% chg)

¥4 (+0.25%)
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¥1,616
Open
¥1,620
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¥1,633
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¥1,614
Volume
3,301,700
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¥1,772
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¥1,201

Latest Key Developments (Source: Significant Developments)

Sumitomo Electric Industries to acquire American autoparts maker Keystone for 7 billion yen - Nikkei<5802.T>
Monday, 5 Sep 2016 05:29pm EDT 

Nikkei : To spend around 7 billion yen ($67.7 million) to acquire American autoparts maker keystone - Nikkei . Expect the purchase to help expand sales in powdered metal parts business to 80 billion yen in year ending March 2018- Nikkei .  Full Article

Sumitomo Electric Industries completes 13.2 mln shares repurchase
Tuesday, 14 Jun 2016 10:22pm EDT 

Sumitomo Electric Industries Ltd <5802.T> :Says it bought 13.2 million shares back for 20 billion yen from May 16 to June 14.  Full Article

Sumitomo Electric Industries updates share repurchase status
Thursday, 9 Jun 2016 02:00am EDT 

Sumitomo Electric Industries Ltd <5802.T>: Says it repurchased 5.8 million shares for 8.52 billion yen in total from May 16 to May 31 . Says this was part of the share repurchase plan announced on May 13 .Says accumulatively repurchased 5.8 million shares as of May 31.  Full Article

Sumitomo Electric Industries to use up to 20 bln yen buying back up to 16 mln shares
Friday, 13 May 2016 01:57am EDT 

Sumitomo Electric Industries <5802.T>: Says it plans to use up to 20 bln yen buying back up to 16 mln shares .Says repurchase period from May 16 to Sep. 30.  Full Article

R&I affirms Sumitomo Electric Industries's rating at "AA-" and announces stable outlook
Thursday, 14 Jan 2016 01:00am EST 

Sumitomo Electric Industries Ltd:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "AA-".Rating outlook stable.  Full Article

Sumitomo Electric Industries and subsidiaries reach settlement
Tuesday, 15 Sep 2015 08:00pm EDT 

Sumitomo Electric Industries Ltd:Says the company and its two subsidiaries Sumitomo Electric Wiring Systems, Inc. (SEWS) and Sumitomo Wiring Systems (U.S.A.) Inc. (SWS-USA) reached settlement with a part of plaintiffs (automobile dealers and final consumers) on Sep. 15 (U.S. local time).Says the settlement is $50 mln.The approval of the United States District Court for the Eastern District of Michigan is required.  Full Article

Sumitomo Electric Industries to take over business from subsidiary
Thursday, 30 Jul 2015 02:00am EDT 

Sumitomo Electric Industries Ltd:To take over the design and development related business for electric cable and electric supply device business, from its wholly owned subsidiary on Jan. 1, 2016.  Full Article

Operators award U.K-Belgium power link contracts to Siemens, Sumitomo Electric Industries - RTRS
Monday, 8 Jun 2015 04:07am EDT 

Sumitomo Electric Industries Ltd:Belgium's Elia and Britain's National Grid have awarded two contracts jointly worth roughly 500 million euros ($558.35 million) to build the first power trade cable between Britain and Belgium to Siemens and a subsidiary of Sumitomo Electric Industries - Reuters.Siemens will build and maintain the converter stations needed to transport the electricity, while Sumitomo Electric's J-Power Systems will manufacture and lay the 140-kilometre long subsea cable.Construction is expected to start in 2015 and operation to start from 2019.  Full Article

Sumitomo Electric Industries to issue year-end dividend for FY 2015
Friday, 15 May 2015 02:00am EDT 

Sumitomo Electric Industries Ltd:To issue a year-end dividend of 18 yen per share to all the shareholders of record as of March 31, for FY ended March 2015.Payment date June 26.Says latest dividend forecast was 13 yen per share.  Full Article

R&I affirms Sumitomo Electric Industries's rating at "AA-" and announces stable outlook
Monday, 16 Feb 2015 01:00am EST 

Sumitomo Electric Industries Ltd:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "AA-".Rating outlook stable.  Full Article

BRIEF-Sumitomo Electric Industries completes 13.2 mln shares repurchase

* Says it bought 13.2 million shares back for 20 billion yen from May 16 to June 14