Furukawa Electric Group Competitors and Similar CompaniesClear all
Sumitomo Electric's competitors and similar companies include Nexans and LEONI.
 Sumitomo Electric Sumitomo Electric Industries (住友電気工業株式会社, formerly known as Sumitomo Electric Wire and Cable Works) is a company that manufactures and supplies electric wires and cables. | |||
Founding Date | Founding Date 1897 | Founding Date 1879 | Founding Date 1917 |
Type | Type Public | Type Public | Type Subsidiary |
Tags | |||
Locations | Locations Courbevoie, FR HQ Hydra, DZ Forrestfield, AU Geebung, AU Wetherill Park, AU Baku, AZ Aalst, BE see more | Locations Nürnberg, DE HQ Sao Paulo, BR Pleven, BG Changchun, CN Changzhou, CN Changzhou, CN Changzhou, CN see more | |
Employees | Employees 288,145 | Employees 25,70010% decrease | Employees 82,23014% decrease |
Valuation ($) | Valuation ($) 12.1 b | Valuation ($) 5.8 b | Valuation ($) N/A |
Financial | |||
Revenue (est.) | Revenue (est.) ¥5.1t (FY, 2026) | Revenue (est.) €8.9b (FY, 2025) | Revenue (est.) €3.8b (FY, 2024) |
Cost of goods | Cost of goods ¥3.9t (FY, 2026) | Cost of goods €6.7b (FY, 2025) | Cost of goods €3.3b (FY, 2024) |
Gross profit | Gross profit ¥1.2t (FY, 2026) | Gross profit €2.3b (FY, 2025) | Gross profit €556.6m (FY, 2024) |
Net income | Net income ¥401.1b (FY, 2026) | Net income €358m (FY, 2025) | Net income (€169.8m) (FY, 2024) |
For sources of this data, please see the company profile
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Nexans
HQ
Courbevoie, FR
Employees
25,700↓ 10% decrease
Nexans (formerly known as Atalec) is a company that designs and manufactures cable systems.
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LEONI
HQ
Nürnberg, DE
LEONI is a provider of data cable products for the automotive and aerospace sectors.
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