Trading Halt Perspectives, page-22

Decided to do a bit of a review on Sumitomo - Their submarine transmission cable for some reason popped into my news feed & immediately made me think of a little project planned somewhere up in the NT.

29 Sep 2022 Sumitomo Electric Completes Long-Term Test for 525 kV Cross-Linked Polyethylene Submarine Cable
27 Apr 2023 Sumitomo to build Scottish Cable Factory

19 May 2023 Japanese Companies to Invest GBP 14.2 Billion in UKs Offshore Wind, Green Hydrogen - Japanese Giants, Marubeni Corp, Sumitomo Corp & Sumitomo Electric Industries.
19 July 2023 Hitachi Energy, Sumitomo Electric & Vab Oord Selected for Scottish Subsea Cable Projects
2 Oct 2023 Submarine Power Cable Market worth $22.3 billion by 2028

To gain a better appreciation of this part of the company, this video is worth a watch.
First of all they are responsible it seems, for a lot of innovation. A lot I did not know.
All the way through or you might miss the most important part about a minute out from the end.

Banji-nissei - Do your sincere best, not only in business but also in every aspect of your life
Shinyo-kakujitsu - Place importance on integrity & Sound management
Fusu-furi - Do not act rashly or carelessly in pursuit of easy gains

Attaching importance to technology.
Profit for self & others, private & public interests, are one & the same.
Long Range Planning.
Mutual prosperity, respect for the public good.
Respect for human resources.

Copper cable, steel wire, tram/train overhead cable, submarine electrical & fibre optic cables, transmission lines (including DC & Superconductors), aluminium wiring harnesses in autos/EVs, shinkansen air suspension, semi-conductors & FPC (smart phones, Laptops), road traffic control, communications networks, & at the end VRFB, CPV, HVDC.

400 years of history tied up in the parent company, 127 years Sumitomo Electric.
The video is particularly fascinating to note the disasters, man-made & natural, which the company has experienced & the resilience it has demonstrated to rebuild.