Sumco Corporation
SUOPY · OTC
Company research
Sumco Corporation (OTC: SUOPY) is a Tokyo-based semiconductor materials company and one of the world's largest manufacturers of high-purity silicon wafers, holding approximately 30% global market share and ranking as the second-largest silicon wafer producer worldwide behind Shin-Etsu Handotai. Established in 1999 as a joint venture between Mitsubishi Materials Corporation and Sumitomo Metal Industries, the company was formerly known as Sumitomo Mitsubishi Silicon Corp. before rebranding as Sumco Corporation in August 2005. The company produces a comprehensive portfolio of silicon wafer products — including polished, annealed, epitaxial, junction isolated, silicon-on-insulator (SOI), and reclaimed polished wafers, as well as monocrystalline ingots — serving semiconductor manufacturers across Japan, the United States, China, Taiwan, South Korea, and other international markets. As a critical upstream supplier in the global semiconductor value chain, Sumco's products serve as the foundational substrate for memory, logic, power, and discrete semiconductor devices, with the company operating manufacturing and R&D facilities across Asia, North America, and Europe.
Research reports
Short-form equity note discussing an unusually sharp spike in SUOPY trading volume, recent share price move, and key valuation and balance-sheet metrics (market cap, very high PE, leverage, and liquidity ratios). It highlights that one analyst rates the stock Strong Buy and another Hold, yielding an overall Buy consensus, while cautioning that the current valuation is stretched, implicitly framing the upside case as dependent on continued growth and supportive sentiment.
Simply Wall St · December 25, 2025Sumco (TSE:3436) Has Announced A Dividend Of ¥10.00Dividend-focused analytical article on Sumco’s Tokyo listing (same underlying issuer as SUOPY) that examines the newly announced ¥10.00 per-share dividend, resulting yield, and payout ratio versus earnings and free cash flow. The piece argues the dividend may be unsustainably high given negative free cash flow and prior dividend cuts, notes EPS has been declining over five years despite a forecast rebound, and concludes that the stock does not look attractive as an income vehicle due to balance-sheet pressure and dividend risk.