Sumitomo Electric (5802.T JPX) +4.96% 29 Jan 2026: earnings reshape price targets

5802.T stock jumped to JPY 7010.00 on 29 Jan 2026 after traders reacted to an upcoming earnings update and stronger sector momentum. The JPX-listed Sumitomo Electric Industries, Ltd. rose 4.96% (up JPY 331.00) on volume 8.74M shares, topping its 50-day average of JPY 6478.26. With an earnings announcement set for 03 Feb 2026, investors are repricing revenue and margin outlooks across automotive and infocommunications segments.