Updated
Updated · MarketWatch · Apr 30
Sumida Corp reports higher first-quarter net profit
Updated
Updated · MarketWatch · Apr 30

Sumida Corp reports higher first-quarter net profit

2 articles · Updated · MarketWatch · Apr 30
  • The Japanese components maker posted net profit of Y726.00m for the quarter ended 31 March, on revenue of Y38.43bn, up from Y585.00m and Y35.39bn a year earlier.
  • Operating profit rose to Y1.51bn from Y1.24bn, while pretax profit increased to Y900.00m from Y802.00m.
  • Earnings per share climbed to Y21.96 from Y17.72, with diluted earnings at Y21.92, and the results were prepared under IFRS accounting standards.
How can Sumida's profits surge while its gross margin is actually shrinking?
With component prices soaring, what is Sumida's secret to managing its supply chain?
Can Sumida's industrial pivot overcome the headwinds from a slowing global EV market?
What hidden risks could derail Sumida's ambitious growth targets for 2028?
Will the Schmidbauer acquisition be the key to Sumida's dominance in renewable energy?