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Trades about 309% below its sector, cheaper than its peers on earnings.
Suminoe Textile Co., Ltd., established in 1883 and headquartered in Osaka, Japan, is a global manufacturer and distributor of diverse textile solutions. The company's extensive product range includes interior furnishings for various buildings, such as curtains, carpets, rugs, mats, and wallpapers. For the automotive industry, Suminoe provides essential materials like seat coverings, ceiling fabrics, floor carpets, exterior fabric components, and car mats. They also supply specialized cushioning materials for public transportation vehicles, including trains, buses, ships, and aircraft. Beyond these, Suminoe Textile develops a variety of functional materials, encompassing household deodorizers, deodorizing filters, electric heating carpets for appliance manufacturers, bathroom flooring, high-mesh polyester for screen doors, and water-shielding/thermal insulation sheets. Their offerings extend to artistic and craft textiles, featuring plush hand-woven curtains, carpets, hooked rugs, brocades, and flags. Additionally, the company is involved in processing silicon wafers for solar cell applications, serving markets across Japan, North and Central America, Asia, and internationally.
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