SUMI-HANEL WIRING SYSTEMS COMPANY LIMITED

SUMI-HANEL WIRING SYSTEMS COMPANY LIMITED (CÔNG TY TNHH HỆ THỐNG DÂY SUMI-HANEL) is a well-established, foreign-invested manufacturer in Vietnam's robust automotive and electronics sector. Founded on June 11, 1996, and registered under Business ID and Tax Code 0100113945, the company has built a strong production presence in Sai Dong B Industrial Park, Long Bien District, Hanoi.

This joint venture is backed by two Japanese multinationals—SUMITOMO WIRING SYSTEMS, LTD. and SUMITOMO ELECTRIC INDUSTRIES, LTD., each holding 35% ownership. HANEL JOINT STOCK COMPANY, a major Vietnamese electronics firm, holds the remaining 30%. This ownership structure highlights SUMI-HANEL's strategic importance as a bilateral industrial bridge between Japan and Vietnam.

In the fiscal year ending March 2024, SUMI-HANEL WIRING SYSTEMS COMPANY LIMITED reported a solid USD 458.78 million in sales, marking an 18.96% increase year-over-year. Profits also rebounded sharply to USD 9.83 million, a 45.65% improvement from the previous year. Total assets reached USD 93.69 million, while owner’s equity rose to USD 32.02 million—up 21.1%, reflecting a healthy capital structure and renewed growth momentum.

The company currently employs 8,000 people, emphasizing its large-scale operational capacity. Under the leadership of General Director Mr. MASAHIRO HASHIMURA, a Japanese national, SUMI-HANEL manufactures electric wire harnesses for motorbikes, automobiles, and electronic devices—key components for OEMs and tier-one suppliers across Asia and beyond.

As Vietnam strengthens its role in global manufacturing, SUMI-HANEL WIRING SYSTEMS COMPANY LIMITEDrepresents a vital cog in the automotive and industrial electronics supply chain. It also serves as a model for successful international joint ventures in Vietnam’s investment environment—combining advanced technology transfer, workforce development, and export-led production.

However, like all complex operations, in-depth assessment is crucial. Foreign partners, investors, and buyers considering collaboration with SUMI-HANEL WIRING SYSTEMS COMPANY LIMITED are encouraged to conduct Business Verification Services, a Company Litigation Check, and request a full Vietnam Business Information report. These services, offered by VANGUARD BUSINESS INFORMATION LLC (VBI), can help mitigate hidden risks and ensure decision-making is based on verified data.

With strong ownership, steady financial performance, and a critical role in a high-growth sector, SUMI-HANEL WIRING SYSTEMS COMPANY LIMITED continues to affirm Vietnam’s position as an industrial manufacturing hub in Southeast Asia.