BNET Industries

Sumitomo Corp.

SSUMF is in the Business Services Industry

Last Fiscal Year Sales:$22.6B

Public
JP

Dow Jones Description

When goods go over the oceans, Sumitomo carries them. Founded in 1919 and headquartered in Tokyo, Japan, Sumitomo Corporation (Pink Sheets: SSUMF; Tokyo: 8053) is a general trading company. The company imports and exports a wide range of goods, like metals, machinery, electronics, fuels, chemicals, textiles, and food. It also services and invests in metals, transportation and construction systems, machinery and electricity, media, electronics, chemicals, minerals, real estate, finance, and logistics. The company has annual revenue of about $19.1 billion and employs about 40,000 people. In 2005, it acquired TCB Corporation.

Number of Employees 51,700

Contact Information

Harumi Island Triton Square

1 8-11 Harumi 1-Chome Chuo-Ku

Tokyo 104 8610

www.sumitomocor...

(81) 3 5166 3522

Peer Companies

NAICS Code All Other Business Support Services: 561499

Company News

Recent Events

Japan's Sumitomo invests in US rental business Sunstate Equipment

12/21/09 - New Investment - View Story
Sumitomo to buy stake in Bhushan Steel

12/16/09 - Merger / Acquisition - View Story
Carrizo to sell portion of Barnett Shale acreage to Japan's Sumitomo

12/16/09 - Joint Venture / Alliance - View Story
Copper firms ahead of raft of U.S., European data

12/16/09 - Joint Venture / Alliance - View Story
Wholesale Inflation Perks Up in India

12/15/09 - Merger / Acquisition - View Story
Reportlinker Adds Organic Electronics - A Global Market Perspective

12/08/09 - Merger / Acquisition - View Story
Asian Stocks Rebound as Dubai Jitters Fade

11/30/09 - Bond / Stock Rating - View Story
Newmont and Sumitomo Enter into an Agreement to Sell an Additional 14% Share Sale of...

11/24/09 - Joint Venture / Alliance - View Story
Sumitomo Corp First Half Group Net Profit Y62.1 Billion Vs Y160.3 Billion

10/30/09 - Financial Announcement - View Story
Sepracor CEO in line for $11M golden handshake

10/22/09 - Merger / Acquisition - View Story
Nissan to launch joint venture with Sumitomo Corp. for recycling of electric car batteries

10/20/09 - Joint Venture / Alliance - View Story
Nissan to launch joint venture with Sumitomo Corp. for recycling of electric car batteries

10/20/09 - Joint Venture / Alliance - View Story
English E-Learning Leader, Eleutian Technology, Partners With Sumitomo Corporation to Develop Service in Japan

8/05/09 - Joint Venture / Alliance - View Story
California Bill AB 496 pulled from Senate Committee agenda

7/14/09 - Joint Venture / Alliance - View Story
Grainger to acquire majority ownership in Japanese MRO distributor

7/11/09 - Joint Venture / Alliance - View Story
Top 10 industry issues

7/08/09 - Merger / Acquisition - View Story

News & Analysis

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alliance and excavator and sumitomo corp. - All News and Analysis

Business.

- 2001-05-01

GENERAL INDUSTRY REPORTS Equipment Manufacturers Institute Responding to the industry need for safety training in the use of directional drilling tracking equipment, the Equipment Manufacturers Institute's EMI Underground Electronics Council has developed a 13-minute safety video, Safe Operation of Directional Boring...

Tags: alliance, brand, Construction, Excavator, Hitachi Ltd., Sumitomo Corp.
Changes Continue In Crawler Excavator Market

- 2001-05-01

CNH Global, Kobe Steel and Kobelco form global excavator alliance; CNH ends agreement with Hitachi There is probably no equipment segment more global than crawler excavators. Global in the sense that the workhorse machines are used everywhere and also in terms of their manufacture, as most machines sold are...

Tags: alliance, Construction, Excavator, HARDWARE, Hitachi Ltd., Japan, Storage, Sumitomo Corp.
CNH Global, Kobe Steel, and Kobelco To Set Up Global Alliance in Their Construction Equipment Business

- 2001-03-29

Business Editors RACINE, Wis.--BUSINESS WIRE--March 29, 2001 Agreement Includes Substantial Cross Investment Among The Companies CNH Global (N: CNH), Kobe Steel, Ltd., and Kobelco Construction Machinery said today that they have reached an agreement to form a global alliance for the marketing, development and production of crawler...

Tags: alliance, Construction, Excavator, Hitachi Ltd., Japan, network, Sumitomo Corp.