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Sumitomo Electric Industries Ltd to sell shares of Sumitomo 3M Limited and expects extraordinary profit for Q2 of FY 2015


Wednesday, 16 Jul 2014 02:00am EDT 

Sumitomo Electric Industries Ltd:To sell 25 pct stake in Sumitomo 3M Limited to Sumitomo 3M Limited due to its share repurchase on Sep. 1.Expected extraordinary profit of 4.4 bln yen for Q2 of FY ending March 2015 due to this selling.