SUMI VIETNAM WIRING SYSTEMS CO., LTD

SUMI VIETNAM WIRING SYSTEMS CO., LTD (CÔNG TY TNHH HỆ THỐNG DÂY DẪN SUMI VIỆT NAM) is a strategic manufacturer in Vietnam’s industrial landscape, specializing in the production of automotive wire harnesses and electrical wiring systems. Established on February 12, 2008, and headquartered in Lot B-1, Dong Van II Industrial Park, Duy Minh Ward, Duy Tien Town, Ha Nam Province, this foreign direct investment (FDI) company is a wholly owned subsidiary of Sumitomo Wiring Systems Ltd. from Japan. Over the course of more than 17 years, SUMI VIETNAM WIRING SYSTEMS CO., LTD has grown into a critical component of the regional and global automotive supply chain.

Legally registered under Business ID and Tax Code 0700257000 by the Ha Nam Province Department of Planning and Investment, the company operates as a one-member limited liability company. As of March 31, 2023, the company declared a paid-up capital of USD 11.61 million, though its actual charter capital is equivalent to USD 17 million. This operational strength is bolstered by a workforce of over 9,000 employees across multiple sites, including branches in Nam Dinh and Phu Ly City, underscoring the company's large-scale production capabilities.

The management of SUMI VIETNAM WIRING SYSTEMS CO., LTD is led by General Director Mr. Hiroshi Kuroda and Deputy General Director Mr. Sinichi Ikeda, both Japanese nationals with extensive experience in manufacturing and supply chain operations. Under their leadership, the company continues to deliver high-quality wiring systems for automobiles and motorbikes to major global automotive brands.

Financially, SUMI VIETNAM WIRING SYSTEMS CO., LTD showed strong growth in the fiscal year ending March 2023. According to verified Private Financial Data provided by VANGUARD BUSINESS INFORMATION LLC (VBI), the company recorded total assets of USD 138.53 million, reflecting a year-on-year increase of 24.41%. Sales reached USD 412.49 million, a significant 17.71% increase compared to the previous year. While profit declined by 84.03% to USD 1.14 million, and working capital was reported at a negative USD 11.84 million, the growth in revenue and asset base highlights the company’s expanding operational footprint and investment in production capacity.

SUMI VIETNAM WIRING SYSTEMS CO., LTD specializes in manufacturing automotive wire harnesses and electric wiring systems used in vehicles and motorcycles. In addition to its core production lines, the company is also involved in the manufacture of wiring devices, the rental of machinery and equipment, and other business support services. This broad scope of operations supports its position as a vital supplier in the automotive industry, particularly in Asia.

All legal and financial data related to SUMI VIETNAM WIRING SYSTEMS CO., LTD has been reviewed and authenticated by VANGUARD BUSINESS INFORMATION LLC (VBI), a leading provider of Business Verification Services and Private Financial Data. VBI plays a crucial role in helping banks, credit insurers, and foreign investors assess the credibility and financial health of companies across Vietnam and Southeast Asia. By offering detailed and reliable insights, VBI ensures that enterprises like SUMI VIETNAM WIRING SYSTEMS CO., LTD meet international standards for transparency and accountability.

In conclusion, SUMI VIETNAM WIRING SYSTEMS CO., LTD stands as a testament to successful Japanese investment and industrial growth in Vietnam. With verified financial strength, modern production capabilities, and global integration, the company remains a trusted name in the automotive sector. Backed by VANGUARD BUSINESS INFORMATION LLC (VBI), businesses and investors can confidently rely on the accuracy and integrity of the data when engaging with SUMI VIETNAM WIRING SYSTEMS CO., LTD.