BNET Industries
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
(81) 3 5166 3522
Peer Companies
NAICS Code All Other Business Support Services: 561499
Recent Events
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Asian Stocks Rebound as Dubai Jitters Fade
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Newmont and Sumitomo Enter into an Agreement to Sell an Additional 14% Share Sale of...
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Sumitomo Corp First Half Group Net Profit Y62.1 Billion Vs Y160.3 Billion
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Sepracor CEO in line for $11M golden handshake
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Nissan to launch joint venture with Sumitomo Corp. for recycling of electric car batteries
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Nissan to launch joint venture with Sumitomo Corp. for recycling of electric car batteries
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Sumitomo Corp Contracts with Saudi Aramco for Communication Package in Manifa Crude Increment Project
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Japan Hot Stocks-Sumitomo Corp, Haseko, Yoshimoto Kogyo, Ebara
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English E-Learning Leader, Eleutian Technology, Partners With Sumitomo Corporation to Develop Service in Japan
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California Bill AB 496 pulled from Senate Committee agenda
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Grainger to acquire majority ownership in Japanese MRO distributor
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Top 10 industry issues
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Grainger to acquire majority ownership in Japanese MRO distributor
News & Analysis
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copper and sumitomo corp. - All News and Analysis
AXcess News: Chile Sees Surge in Copper, Gold Mining Projects
Mining projects are on the rise in Chile which comes as no surprise to Andina Minerals Inc. (TSX-V: ADM) President, Carl Hansen, who says, "Chile is the mining country of South America, not unlike how Canada is viewed." Andina is one of many Canadian junior mining companies exploring Chile's...
Soltoro Provides Geological Update on La Tortuga Project
Soltoro Ltd. (TSX VENTURE: SOL) has received all of the assays results from its first phase of drilling on its La Tortuga project located in Jalisco, Mexico. La Tortuga is currently under option to SMM Exploration Corporation, a subsidiary of Sumitomo Metal Mining Co., Ltd, ("Sumitomo") one of Japan's leading...
Sumitomo and Soltoro Commence Drilling on La Tortuga Copper Gold Porphyry Project
Soltoro Ltd. (TSX VENTURE: SOL) has commenced a diamond drill program on its 100% owned La Tortuga porphyry copper gold project. La Tortuga is currently under option to SMM Exploration Corporation, a subsidiary of Sumitomo Metal Mining Co., Ltd, ("Sumitomo") one of Japan's leading copper mining and manufacturing companies. Soltoro...
Soltoro Completes Drill Program on Bacanora Gold Project
In the final quarter of 2007, Soltoro Ltd. (TSX VENTURE: SOL) carried out a 1,647 metre diamond drill program on its Bacanora gold project in Sonora state, Mexico. A total of seven drill holes were completed. Drilling was carried out to test for a bulk tonnage gold deposit as the...
Soltoro Completes Drill Program on Bacanora Gold Project.
TORONTO, ONTARIO, Jan 15, 2008 Marketwire via COMTEX -- In the final quarter of 2007, Soltoro Ltd. (TSX VENTURE:SOL) carried out a 1,647 metre diamond drill program on its Bacanora gold project in Sonora state, Mexico. A total of seven drill holes were completed. Drilling was ...
REGIONAL NEWS - LATIN AMERICA
Sumitomo Corp. Partnering with Apex at San Cristobal Sumitomo Corp. has acquired a 35% interest in Apex Silver's San Cristobal open-pit silver-zinc-lead project in southwestern Bolivia, along with a two-year option to earn a 35% interest in certain Apex exploration projects in Peru, Mexico, Argentina, and Bolivia. San Cristobal is...
Northparkes increases production.
Feb 27, 2006 (Gold & Minerals Gazette - ABIX via COMTEX) -- Located 27 km from the New South Wales town of Parkes, the Northparkes copper mine is operated by Rio Tinto and the...
Sumitomo Metal Mining, Sumitomo Corp. and Phelps Dodge Restart Copper
Tokyo, Oct 6, 2005 - JCN - Sumitomo Metal Mining SMM Sumitomo Corp. SC and Phelps Dodge PD announced on October 4 their agreement on restart of copper concentrator and construction of copper concentrate leaching facility at Morenci copper mine in Arizona.
Lisbon Valley on Track for November Production
Constellation Copper reported in early August 2005 that its Lisbon Valley copper project in San Juan County, Utah, USA, remains on schedule to produce its first copper cathodes in mid-November 2005, ramping up to full capacity of 54 million lb/y of copper cathodes by February 2006. Cash costs of production...
NEWS BRIEFS
Chile's controversial mining royalty went into effect. President Ricardo Lagos signed the royalty into law at a ceremony at Corporacion Nacional del Cobre de Chile's Mina Sur operation. Under the law, a 5-percent royalty will be imposed on the operating profits of mines that produce 50 kt/a (55,000 stpy) or...
| Volume | 0 |
| Shares Outstanding | 0. |
| Market Cap | 0. |
| Year High | 10.3380 |
| Year Low | 8.050 |
| Earnings Per Share | 0.00 |
| P/E Ratio | N/A |
| Dividend | 0.00 |
| Yield | 0.00 |
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