Sumitomo Electric Industries (5802.T)

Overall impact
C (52)

Commentary

Sumitomo Electric Industries is an average overall performer. With a 'C' rating of 51.6 for overall impact (44th percentile compared to all companies), Sumitomo Electric Industries ranks 38th out of 104 industry peers, behind Speedemissions, Niu Technologies, Veoneer and 34 others, and ahead of TRW Automotive, Stanley Electric, ARB Corporation and 63 others. On top material causes for Sumitomo Electric Industries's industry (Automobiles & Parts), Sumitomo Electric Industries performs well in Accountable Institutions (81.1 score), Technology Innovation (80.6), Accountable Institutions (81.4) and 1 other cause where it received an 'A' score and performs poorly in Reduced Green House Gas Emissions (26.1 score), Renewable Energy Growth (38.5), Sustainable Use of Natural Resources (22.5) and 1 other cause where it received a 'D' or 'F' score.
Impact
Cause 5802.T
Peer rank
Overall impact

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Company
Employees
302,972
Sector
Consumer Discretionary
Industry
Automobile Components
Sub-industry
Automotive Parts & Equipment
SASB industry
Auto Parts
Headquarters
Japan
Share classes
5802.T
SMTOY
Description
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; 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; 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; spiral shielded and electronic wires; cross linked fluorine resins; coaxial cables; flat components; 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.
Material causes
Ethos considers the following causes material for Sumitomo Electric Industries, based on its industry sub-industry Automotive Parts & Equipment. Learn more about material causes in our methodology overview.

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