Sumitomo Electric successfully concluded TOB for shares in Sumitomo Riko Sumitomo Electric Industries, Ltd. (Sumitomo Electric) announced on December 16 that its tender offer bid (TOB) for shares in Sumitomo Riko Company Limited (Sumitomo Riko) to make it a wholly-owned subsidiary was successfully concluded.   Sumitomo Electric has acquired 43,319,442 shares, exceeding its planned lower limit of 16,681,702 shares. The Company will acquire all of...

News  Updated at: 2025/12/18

Sumitomo Electric Industries to consolidate Sumitomo Riko’s overseas management functions in Europe, the U.S., and China Sumitomo Electric Industries, Ltd. (Sumitomo Electric) is considering integrating the management functions of its subsidiary Sumitomo Riko Company Limited (Sumitomo Riko) overseas bases into a company overseeing regional headquarters and overseas management. In October 2025, Sumitomo Electric Industries announced that it woul...

News  Updated at: 2025/12/10

[JMS 2025 Exclusive Interview] Sumitomo Electric: responding to the age of electrification and SDVs by developing new harnesses and technology suited to the infrastructure of vehicles The Japan Mobility Show (JMS) was held from October 29, 2025. At the show, MarkLines conducted exclusive interviews with several companies. This is the interview with Sumitomo Electric, conducted with Shigeru Sawada, Senior Manager of the Public Relations & Liaison ...

News  Updated at: 2025/11/26

Sumitomo Electric to make Sumitomo Riko wholly owned subsidiary Sumitomo Electric Industries, Ltd. (Sumitomo Electric) announced on October 30 that it will conduct a tender offer to own all shares of Sumitomo Riko Company Limited (Sumitomo Riko), its consolidated subsidiary. Sumitomo Electric currently owns more than 50% of Sumitomo Riko shares. By making Sumitomo Riko its fully owned subsidiary, Sumitomo Electric aims to expedite decision making...

News  Updated at: 2025/10/31

Judd Wire Inc inaugurates production line in Mexico On October 14, Judd Wire, Inc., part of the Sumitomo Electric Group, inaugurated a new production line at the Vesta Industrial Park in Aguascalientes, Mexico. The project required an investment of USD 32 million, marking the beginning of the company’s second operational phase in Mexico, creating over 40 specialized jobs and increase the production of high-technology cables for vehicles, suppor...

News  Updated at: 2025/10/15

Sumitomo Electric and Sumitomo Wiring begin Net Zero Factory operations at SWS West Japan Sumitomo Electric Industries, Ltd. (Sumitomo Electric) and Sumitomo Wiring Systems, Ltd. (Sumitomo Wiring, Yokkaichi City, Mie Prefecture) announced that they have launched the Sumitomo Electric Group’s first greenhouse gas emissions “Net Zero Factory” at the Matsusaka Plant of SWS West Japan, Ltd. (SWS-W, Matsusaka City, Mie Prefecture). The Net Zero ...

News  Updated at: 2025/08/05

Sumitomo Electric Wiring Systems invests USD 17 million to expand in Kentucky On July 9, Sumitomo Electric Wiring Systems (SEWS) announced a USD 17 million expansion of its Simpson County facility that will create 76 new full-time jobs. The expansion will allow the company to increase its product lines for automotive electric wiring harnesses and components. SEWS will add new injection-molding machines, along with automated assembly equipment to ...

News  Updated at: 2025/07/11

Sumitomo opens wiring harness plant in Egypt On May 20, the Prime Minister of Egypt inaugurated the new factory of SE Wiring Systems Egypt LLC, a subsidiary of Sumitomo Electric Wiring Systems Europe, a subsidiary of Sumitomo Wiring Systems, Ltd., in the 10th of Ramadan City. It is one of the largest in the world to produce electrical wiring harnesses. The plant will produce electrical wiring harnesses for cars using the latest technologies. The ...

News  Updated at: 2025/05/27

rs from 11 countries, targeting more than 8,000 business matching sessions, with projected business value exceeding THB 20 billion and over 45,000 participants. A dedicated xEV Sourcing Zone will feature 10 Tier-1 automotive parts manufacturers—including Shanghai Electric Drive, Bosch Automotive, Sumitomo Electric, Thai Summit Harness, ZF Automotive, and Yazaki—presenting their sourcing policies and procurement needs. BMW and Changan will als...

News  Updated at: 2025/05/09

Sumitomo Bakelite to develop optical waveguides using proprietary high polymer technology Sumitomo Bakelite Co., Ltd. (Sumitomo Bakelite) has been concentrating on the development of optical waveguides using its proprietary high polymer technology. In cooperation with Sumitomo Electric Industries, Ltd., a Sumitomo Group company involved in the wire harness business, Sumitomo Bakelite will promote the use of its polymer waveguides to automakers as...

News  Updated at: 2025/03/19

Sumitomo Electric to strengthen connector production, expand sales to local Chinese automakers in response to growing electric vehicle exports Sumitomo Electric Industries, Ltd. (Sumitomo Electric Industries) will market connectors for wire harnesses to Chinese automakers operating in China. This is due to increasing inquiries for high quality connectors for motor peripherals and in-vehicle communications as exports of Chinese-made electric vehic...

News  Updated at: 2025/01/15

Sumitomo Electric starts volume production of insulation-coated magnetic core On November 28, Sumitomo Electric Industries, Ltd. (Sumitomo Electric) announced that it has started volume production of powder magnetic core to which a thin-film, high-withstand-voltage insulation coating is applied. The new powder magnetic core will contribute to increased output of axial gap motors, which have been attracting attention due to growing demand for hig...

News  Updated at: 2024/12/02

Superconducting electrolyte: Effectively improves specific conductance, reduces electrolyte viscosity, and strengthens lithium ion desolvation capability to significantly enhance the conductivity, electrochemical stability, and safety of battery cells. -          Nanometer-level ultra-thin SEI (solid electrolyte interface) film: Reduces battery internal resistance to enhance charging power and efficiency, while generating less heat durin...

News  Updated at: 2024/10/08

ur (RT-Na/S) batteries, a key obstacle to their widespread use. The team improved the charge transfer kinetics by adding Bismuth iodide (BiI3) to the battery's electrolyte, enhancing battery efficiency and reducing charging times. This additive also helps form a stable solid electrolyte interphase (SEI) on the sodium metal anode, preventing dendrite formation and improving battery longevity. Prototype cells with this innovation have demonstrated ...

News  Updated at: 2024/08/20

d inconvenience in charging.  Employing thermal diffusion-free technology and aircraft-grade thermal insulation materials, both editions have passed extreme testing and verification to enable a significantly lower product failure rate. Low-lithium-consumption graphite and biomimetic self-repairing SEI passivation film technology prolong the cycle life by 100% on top of 4C superfast charging capability, and CTP (Cell to Pack) 3.0 and dual-layer l...

News  Updated at: 2024/07/09

Sumitomo Electric to launch millimeter-wave pedestrian detection sensor in U.S. in October Sumitomo Electric Industries, Ltd. (Sumitomo Electric) announced that it will launch its “NEXUSEYE” millimeter-wave pedestrian detection sensor in October 2024. To begin with, the millimeter-wave sensor will be released in the U.S. through Iteris, Inc. (Austin, Texas), whose businesses include transport infrastructure support. The millimeter-wave sensor...

News  Updated at: 2024/07/01

Sumitomo Wiring to reorganize connector plants Sumitomo Wiring Systems, Ltd. (Sumitomo Wiring, Yokkaichi City, Mie Prefecture) will reorganize its plants for connectors, which are a component of wire harnesses, to increase its connector production capacity. Sumitomo Wiring, a Sumitomo Electric Industries Group company, has acquired three out of four buildings at the Fujisusono Plant (Susono City, Shizuoka Prefecture) owned by Sumitomo Riko Co., L...

News  Updated at: 2024/06/27

Sumitomo announces high-voltage wiring systems plant in Spain Sumitomo Electric Bordnetze SE (SEBN) announced that it will build a new production facility in Cuenca, Spain, to manufacture high-voltage wiring harnesses for electric cars. The new facility will be the first production center in Spain for SEBN.  It will manufacture the high-voltage wiring harnesses for the urban electric car family to be produced by SEAT S.A. in Martorell and Volksw...

News  Updated at: 2024/06/18

Iteris to integrate Sumitomo Electric’s Pedestrian Sensor and launch in the U.S. Iteris, Inc., a provider of hardware, software and services for smart mobility infrastructure management, announced a partnership with Sumitomo Electric Industries to bring Sumitomo’s advanced pedestrian sensor to the U.S. market. In 2024, Iteris will integrate Sumitomo’s advanced pedestrian sensor into the Iteris ClearMobility Platform. The pedestrian sensor w...

News  Updated at: 2024/06/14

Sumitomo Riko upwardly revises profit targets in mid-term business plan Sumitomo Riko, Ltd. (Sumitomo Electric) has upwardly revised its business profit, return on invested capital (ROIC), and return on equity (ROE) targets set out in its mid-term business plan for the period ending in March 2026 (FY 2025). The revision is based on productivity improvement due to the recovery of automotive production, as well as the progress of the company’s st...

News  Updated at: 2024/05/30