27 December 2019

Appreciation for Your Support This Year

Our office will be closed for the New Year's holidays from December 28 to January 5. We would like to take advantage of this nine-day vacation to refresh ourselves and take a vigorous start at the New Year.

Accompanied by a remarkable slowdown in the growth rate of the global economy, the Japanese economy this year experienced a continuous decline in exports. At the Sumitomo Electric Group, we could not accommodate all of your expectations, as indicated by our first half-year's results with both net sales and incomes falling from the same period of the previous year. Despite such a harsh situation, you have continued to provide generous support for us, and I would like to take this opportunity to express our sincere appreciation to all of you once again.

In 2020, we will place our utmost priority on improving our profit margin. In addition, we will strive to certainly increase our sales in our major products, such as wiring harnesses and rectangular magnet wires, as well as in our promising products such as GaN devices and tab leads. In this regard, we look forward to receiving your support once again next year.

I hope you will have a good New Year.

Latest Blog Articles

01 January 2024

23 January 2023

14 December 2021

29 October 2021

25 January 2021

22 June 2020

05 December 2019

29 November 2019

09 August 2019

12 June 2019

24 January 2019

03 December 2018

About This Blog

Sumitomo Electric Industries, Ltd. President's blog is operated by the Company. Please note the about this blog.