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
-
Japan's Sumitomo invests in US rental business Sunstate Equipment
-
Sumitomo to buy stake in Bhushan Steel
-
Carrizo to sell portion of Barnett Shale acreage to Japan's Sumitomo
-
Copper firms ahead of raft of U.S., European data
-
Wholesale Inflation Perks Up in India
-
Reportlinker Adds Organic Electronics - A Global Market Perspective
-
Asian Stocks Rebound as Dubai Jitters Fade
-
Newmont and Sumitomo Enter into an Agreement to Sell an Additional 14% Share Sale of...
-
Sumitomo Corp First Half Group Net Profit Y62.1 Billion Vs Y160.3 Billion
-
Sepracor CEO in line for $11M golden handshake
-
Nissan to launch joint venture with Sumitomo Corp. for recycling of electric car batteries
-
Nissan to launch joint venture with Sumitomo Corp. for recycling of electric car batteries
-
English E-Learning Leader, Eleutian Technology, Partners With Sumitomo Corporation to Develop Service in Japan
-
California Bill AB 496 pulled from Senate Committee agenda
-
Grainger to acquire majority ownership in Japanese MRO distributor
-
Top 10 industry issues
News & Analysis
Filter by
engineering and sumitomo corp. - All News and Analysis
Sumitomo, Cree Make $180M Deal (Electronic News)
Japanese distributor Sumitomo will buy $180 million worth of Cree Inc.'s light-emitting diode LED and wafer products over the next year, the companies announced in a statement Wednesday. The acquisition is slated to be made during Cree's fiscal year ending in June 2007, subject to...
Outokumpu laterite nickel expertise to boost efficiency for launch of Rio Tuba.(Brief Article)
Feb 21, 2005 (AusIMM Bulletin - ABIX via COMTEX) Located in the Philippines, the Rio Tuba laterite nickel project is due to begin operating in late 2004. The project is being developed by a joint venture called Coral Bay Nickel Corporation, of which Sumitomo ...
Sumitomo to Sell Online Korean Versions of Japanese Comics.
Kyodo News International, Tokyo Knight Ridder/Tribune Business News Nov. 10--TOKYO--Sumitomo Corp. said Monday it will start marketing Korean-language versions of Japanese comics via the Internet next year, enabling Korean readers to download the content onto personal computers and other Web-savvy terminals....
Sumitomo Chemical Co. May Build LCD-Parts Plant in China.
Kyodo News International, Tokyo Knight Ridder/Tribune Business News Sep. 29--TOKYO--Sumitomo Chemical Co. is studying the idea of building a plant for producing polarizing film for liquid crystal displays LCDs in China, a company spokesman said Monday. "We have just built...
Cree Inc. (Industry News).(Sumitomo Corp agrees to purchase Cree Inc LED products)(Brief Article)
Cree Inc. announced that Sumitomo Corp. has agreed to purchase approximately $100 M of Cree's light emitting diode products through Cree's fiscal year ending June 2004 subject to end customer demand and other terms and conditions. Cree and Sumitomo anticipate that the purchases will cover Cree's...
News Digest
Chemical firms drop merger plan Sumitomo Chemical Co. Ltd. and Mitsui Chemicals Inc. have called off their merger plan, which would have created the world's fifth-largest chemical company. The firms said they couldn't agree on a consolidation ratio for their various assets. The combination would...
Japanese electronics firm sells building in Oceanside
Sumitomo, a Japanese manufacturer of chassis for television and computer screens for clients such as Sony and Mitsubishi, has sold one of its manufacturing facilities in Oceanside for $9.35 million. Mel Coffman and Patrick Quinn of San Diego-based IPC Commercial/TCN represented Sumitomo in the transaction, which closed June 13....
Japanese firms post weak results. (Asia/Pacific).(Brief Article)(Statistical Data Included)
Most leading Japanese chemical companies reported losses or declining profits for their fiscal year ended March 31 table. They cite the global recession, falling petrochemical prices, high feedstock costs, and slumping information technology IT markets. "It was a tough year for petrochemicals as well as for...
Cree to Open Japan Office.
Cree, Inc. (2810 Meridian Parkway, Durham, NC 27713; Tel: 919/313- 5300, Fax: 919/313-5452) has announced plans to open an office in Tokyo, Japan. Sumitomo Corp. has been named as Cree's strategic partner in connection with the establishment of the new office. This partnership with Sumitomo replaces Cree's existing distributorship...
Chemical companies do not make Top 100 in Deloitte's global manufacturing index. (Management).(Brief Article)
A NEW REPORT BY Deloitte Consulting, which names the top 100 performing global manufacturers, based on current as well as future expected performance, shows little representation from the chemical industry. The study, which evaluated the world's largest 1,000 manufacturing companies, used a framework to gauge how...
- 1
- 2
| 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 |
Industry Transcripts by Seeking Alpha
-
Accenture Ltd. F1Q10 (Qtr End 11/30/09) Earnings Call Transcript
on Dec 17, 2009about ACN
-
FedEx F2Q10 (Qtr End 11/30/09) Earnings Call Transcript
on Dec 17, 2009about FDX
-
Fifth Street Finance Corp. F4Q09 (Qtr End 09/30/09) Earnings Call Transcript
on Dec 10, 2009about FSC
-
SAIC, Inc. F3Q10 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 08, 2009about SAI
-
Casella Waste Systems Inc. F2Q10 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 03, 2009about CWST
Glass Door
Sumitomo
IndustryTop Rated
- Google Offers Free Downloads of a Million Books 11 votes
- InsideView Disrupts Legacy Business Info Publishers Like Hoover's 9 votes
- Mobile is the New Mass Medium, For Better or Worse 8 votes
- Information Overload: The Small Role (8-9 percent) for News 7 votes
- As Income Mobility Falls, American Dream Fades 7 votes
