Sumitomo Electric Industries Ltd., founded in 1897 and headquartered in Osaka, Japan, is a diversified global manufacturer primarily engaged in the production of electric wire and cable products. The company offers a wide range of products and services, including optical fibers, power cable systems, and automotive components, catering to various industries such as telecommunications and energy.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SUMIEL 0.30% 2027-03-01 JPYSumitomo Electric Industries Ltd. | Japan | 2027-03-01 | 0.300 | 1.12 |
| SUMIEL 0.46% 2029-07-13 JPYSumitomo Electric Industries Ltd. | Japan | 2029-07-13 | 0.464 | 1.39 |
| SUMIEL 0.81% 2033-07-13 JPYSumitomo Electric Industries Ltd. | Japan | 2033-07-13 | 0.809 | 1.84 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Sumitomo Electric has been an active participant in the bond market since the late 1990s, with a notable issuance in 2008 when it raised ¥100 billion through a corporate bond offering to fund expansion projects. Current yields on their bonds tend to be competitive within the industry, reflecting investor confidence in the company’s stability and growth prospects. Recent corporate actions, including a strategic investment in research and development, have further bolstered their bond appeal, with features such as green bonds introduced in 2021 to underscore their commitment to sustainability.