Mid-term Management Plan 2028

Sumitomo Electric Industries, Ltd. is pleased to announce its “Mid-term Management Plan 2028,” a three-year plan covering FY2026-FY2028.
The summary includes the following. For further details, please refer to the PDF above.

Based on the Sumitomo Business Spirit and Sumitomo Electric Group Corporate Principles, SEG will further strengthen its business foundation consisting of three Key Driving Forces and three Key Sources of Capital, while advancing its businesses primarily in three key areas as well as interconnected areas.
SEG will enhance our competitiveness by leveraging the integrated capabilities of SEG to respond with precision to global changes and by capturing demand for GX and DX, with the aim of achieving net sales of 6 trillion yen, operating profit of 600 billion yen, and before-tax ROIC of >15% by 2028.

SEG aims to increase our share of the hyperscale data center market,
primarily in North America, by introducing a wide range of high-performance products to support advanced digital infrastructure

SEG will strengthen our cable manufacturing and installation capabilities globally, aiming to expand incoming orders as a “local company.”

Leveraging our strength as a world leader in wiring harnesses, SEG aims to become a “global mobility supplier” through the integrated capabilities of SEG.

“Goho Yoshi” (Five-Way Win) is a concept that has been part of the Sumitomo Electric Group for some time and is based on the Sumitomo Corporate Philosophy.
We are committed to sustainable growth and medium- to long-term value creation by sharing prosperity with our multiple stakeholders: customers, employees, suppliers, regional communities, and shareholders/investors.
In this Mid-term Management Plan 2028, we have set specific and quantitative targets for the sharing of returns with multiple stakeholders, and are determined to achieve them.