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Sumitomo Denki K?gy?

#1429

Rank

$12.69B

Marketcap

JP Japan

Country

Sumitomo Denki K?gy?
Leadership team

Mr. Masayoshi Matsumoto (Chairman & CEO)

Mr. Osamu Inoue (Pres, COO & Director)

Mr. Akira Nishimura (Sr. MD, GM of R&D Unit Electronics Group and Director)

Products/ Services
Computer, Electronics, Information and Communications Technology , Logistics, Manufacturing
Number of Employees
Above 50,000
Headquarters
Osaka, Osaka, Japan
Established
1897
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
5802.T
Social Media
Overview
Location
Summary
Sumitomo Electric Industries, Ltd. manufactures and sells electric wires and cables worldwide. It operates through Automotive, Infocommunications, Electronics, Environment and Energy, and Industrial Materials and Others segments. The company offers wiring harnesses and electrical components; steel cords for tire reinforcement; steel wires for springs; wiring materials; optical lenses for infrared devices; abrasion-resistant parts/materials; heat shrink and heat-resistant tubing/tapes; magnet and aluminum bars/wires; spinel products; products for electronic devices; sintered parts; and EV quick-charger connector assemblies. It also provides fiber optics products; fusion splicer and accessories; data center solutions; intelligent transport systems; remote monitoring systems; NanoPlug series; CATV systems; set top boxes; optical transceiver modules, and optical and wireless devices; optical lenses for infrared devices; AirMT, non-contact multi-fiber interconnects; and low profile fiber-array for silicon photonics. In addition, the company offers electronic wires; flexible printed circuits; heat-shrinkable tubings; cladded/plated and electroplated wires; thermoplastic molded components; PTFE membranes; spiral shielded and electronic wires; cross linked fluorine resins; coaxial cables; flat components; thunderbolt cables; plated and alloy wires; abrasion-resistant parts/materials; and RGB laser modules. Further, it provides various energy and environment systems; products for railway and transport machinery; steel wires for springs; abrasion-resistant parts/materials; magnet wires; diamond/CBN grinding wheels; PC steel wires and high-strength shear reinforcement; drills/endmills; CBN/PCD; milling and turning tools; laser optics; and magnesium alloy parts. The company was formerly known as Sumitomo Electric Wire & Cable Works and changed its name to Sumitomo Electric Industries, Ltd. in 1939. The company was founded in 1897 and is headquartered in Osaka, Japan.
History

1897 to 1950

1897 - Sumitomo Copper Rolling Works was founded

1900 - Started production of coated wires

1908 - Started production of power cables

1909 - Started trial production of telecommunication cables

1911 - Established Sumitomo Electric Wire & Cable Works; Laid first Japan-made high-voltage underground cables

1916 - Opened a new factory ; Started production of enamel wires

1920 - Sumitomo Electric Wire & Cable Works incorporated as a limited?company

1931 - Started production of cemented carbide tools

1932 - Started production of special steel wires

1939 - Company name changed to the current name, Sumitomo Electric Industries, Ltd.

1941 - Opened the Itami Works

1943 - Started production of vibration-proof rubber products and fuel tanks

1946 - Opened a brand office in Tokyo

1948 - Started marketing sintered powder metal products

1949 - Entered into the construction business of overhead transmission lines

1951 to 2000

1957 - Delivered the first Japan-made television broadcasting antennas

1961 - Opened the Yokohama Works; Delivered the wiring harnesses for four-wheel vehicles for the first time in its history

1962 - Started production of the Irrax Tube electron beam irradiation tubes; The head office was moved from Osaka's Konohana Ward to its present location in Chuo Ward

1963 - Started production of disc brakes

1964 - Started production of electron beam irradiation wires

1968 - Entered into the traffic control systems business

1969 - Established the first overseas production subsidiary in Thailand?; Started development of flexible printed circuits

1970 - Started production of compound semiconductors

1971 - Opened the Kanto Works1974-Started production of optical fiber cables

1975 - Contracted to construct a power transmission line in Iran

1976 - Received an order for a large telecommunications network construction project in Nigeria

1978 - Delivered and put into operation the world's first bidirectional fiber optics CATV system called “Hi-OVIS”

1981 - Delivered and installed fiber optic LAN systems for the first time in its history

1982 - Succeeded in producing the world's-largest-class synthetic diamonds

1996 - Developed a technology for producing long-length oxide high voltage superconducting wires

1998 - Developed and started marketing ecology wires and cables

1999 - Sumitomo Electric Fine Polymer, Inc. started operation

2001 to present

2001 - J-Power Systems Corporation started operational

2002 - Sumitomo Electric Networks, Inc. , Sumitomo Steel Wire Corp. and Sumitomo Electric Wintec, Inc. started operation

2003 - Sumiden Hitachi Cable Ltd. and Sumitomo Electric Hardmetal Corp. started operation

2004 - A.L.M.T. Corp. was made a wholly owned subsidiary

2006 - The HTS cable used in a power transmission grid in the U.S. started supplying electricity

2007 - Sumitomo Wiring Systems, Ltd. was made a wholly owned subsidiary; Nissin Electric Co., Ltd. was made a consolidated subsidiary

2008 - Opened Technical Training Center

2009 - Eudyna Devices Inc. was made a wholly owned subsidiary and changed its trade name to Sumitomo Electric Device Innovations, Inc.

2010 - Opened WinD Lab, a new laboratory building; SEI Optifrontier Co., Ltd. Started lightwave network product business

2011 - Commenced “Demonstration of Megawatt-Class Power Generation/Storage System” at Osaka Works, and at Yokohama Works in 2012

2012 - Obtained the world's first certification of Thunderbolt, an optical cable which began commercial production; Established joint research on “Commercialization and Construction Technology for Offshore Wind Power Generation Plants Regional Promotion Aqua-Wind Commercialization Study Group.”

2013 - Constructed manufacturing base for automotive aluminum electric wire in Thailand.

Mission
Our mission is to bring our customers the best and most advanced electronic switches, relays, motors, and thermistors available on the market, as well as provide the most reliable service and technical expertise.
Vision
Our vision is to be a leader and innovator in the electrical equipment industry, providing optimum function and safety to our customers.
Key Team

Mr. Mitsuo Nishida (Exec. VP, GM of Automotive Bus. Division & Director)

Mr. Yasuhiro Miyata (MD, GM of Electronics Sales Unit & Director)

Mr. Masaki Shirayama (MD, GM of Electric Wire & Cable of Energy Bus. Unit and Director)

Mr. Shigeru Nakajima (MD, GM of Semiconductor innovation business Unit & Director)

Yasuyuki Shibata (Managing Exec. Officer & Deputy GM of Electronics Sales Division)

Mr. Hideo Hato (Sr. MD, GM of New Buss Dev. Unit, Deputy GM of Automotive Bus of Systems & Elect Div and Director)

Mr. Masahiro Kobayashi (Managing Exec. Officer and Deputy GM of R&D Division)

Recognition and Awards
Sumitomo Denki K?gy? has been recognized as one of Japan's top electrical equipment manufacturers and has won numerous awards over the years including the Japan Quality Control Award and the Japan Automotive Electrical Exporter Award.
References
Sumitomo Denki K?gy?
Leadership team

Mr. Masayoshi Matsumoto (Chairman & CEO)

Mr. Osamu Inoue (Pres, COO & Director)

Mr. Akira Nishimura (Sr. MD, GM of R&D Unit Electronics Group and Director)

Products/ Services
Computer, Electronics, Information and Communications Technology , Logistics, Manufacturing
Number of Employees
Above 50,000
Headquarters
Osaka, Osaka, Japan
Established
1897
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
5802.T
Social Media