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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fax and sumitomo corp. - All News and Analysis
Sumitomo Rubber to develop fuel-efficient tyres
Sumitomo Rubber Industries Ltd, Japan, plans to develop automobile tyres that help improve fuel efficiency, company President, Tetsuji Mino, has announced. The move comes in response to the European Union's planned tightening of its carbon dioxide emission rules. In the near future, the company will be able to...
Gain an Insight into the Japanese Companies That Made the 2005 Fortune Global 500 List
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c36056) has announced the addition of Japan - Fortune Global 2005 Company Profiles to their offering. This report provides in-depth company profiles for Japanese companies ranked in the 2005 Fortune Global 500 list. The report presents a "one-click" option to view current and...
SAUDI ARABIA: Total joint venture envisioned cost of initially planned $4,300,000,000 petrochemical complex balloons-up to $8,500,000,000 in view of construction plan changes and projected increased costs, SUMITOMO CHEMICAL CO. [Japan] & SAUDI ARAMCO
PROJECT OVERVIEW: A Japanese/Saudi joint venture that teams-up SUMITOMO CHEMICAL CO. and the local SAUDI ARAMCO recently announced that the total cost of its planned petrochemical plant project in Saudi Arabia will almost double to $8,500,000,000 from its initial plan of $4,300,000,000. The projected...
SAUDI ARABIA: Joint venture project feasibility study for proposed $5,000,000,000 to $6,000,000,000 cracker construction project and upgrade of refinery is tentatively scheduled for completion some time during the 3rd quarter of 2005, SUMITOMO CHEMICAL CO
PROJECT OVERVIEW: Japan-based SUMITOMO CHEMICAL CO. LTD. signed a memorandum of understanding MOU with the local SAUDI ARAMCO in May 2004 regarding the construction of a Greenfield ethane-based cracker as well as the upgrade of a topping refinery. The complex to be sited...
Zirconia nanoparticles with good refraction for anti-glare displays.(NANOTECHNOLOGY)
Japanese company Sumitomo Osaka Cement Co has developed nano-size zirconia powders for anti-glare coatings on displays. Although the zirconia powders are only 3 nm in diameter, they have the same high refractive index (2.19) as zirconia powders of 120-130 nm, Sumitomo says. They are...
TAIWAN: Construction plans for proposed $48,000,000 second-generation (2G) color-filter (CF) plant, SUMITOMO CHEMICAL CO. LTD. [Japan] - Order #: 023005.
PROJECT OVERVIEW: Japan-based SUMITOMO CHEMICAL CO. LTD. is currently planning to build a second-generation (2G) color-filter CF plant in the Hsinchu Science Park HSP, Taiwan. The project in question is to be implemented through its local subsidiary SC-IK TECHNOLOGY. Construction plans under...
Trader Sumitomo to join Wal-Mart-led Daiei turnaround consortium.
Kyodo News International, Tokyo Knight Ridder/Tribune Business News Dec. 7--TOKYO -- Trading house Sumitomo Corp. and U.S. investment fund Cerberus Group will join Wal-Mart Stores Inc. and Goldman Sachs Group Inc. in forming a consortium to sponsor the turnaround of Daiei Inc.,...
INDONESIA: Joint venture construction contract award for planned $56,000,000 railcar depot, MITSUBISHI HEAVY INDUSTRIES LTD. (MHI) & SUMITOMO CORP. [Japan] - Order #: 071704.
PROJECT OVERVIEW: The Indonesian government recently warded a construction contract for a new railcar depot to a Japanese joint venture. The partners in the planned undertaking include MITSUBISHI HEAVY INDUSTRIES LTD. MHI and SUMITOMO CORP. The new facility, to be sited south...
Bismuth-based wire commercialized in Japan.(Superconductors)
Sumitomo Electric Industries Ltd of Osaka, Japan, is to shortly commercialize a bismuth-strontium-calcium-copper oxide BSCCO type superconducting wire, according to industry sources. The company has apparently succeeded in producing 1000 m of the high-temperature superconducting HTS wire on a production line at its ...
SAUDI ARABIA: Joint venture construction plans for proposed $4,300,000,000 petrochemical complex, SAUDI ARAMCO [Saudi Arabia] & SUMITOMO CHEMICAL CO. LTD. [Japan] - Order #: 052906a.
PROJECT OVERVIEW: A Saudi/Japanese joint venture recently agreed to build what is claimed to be a giant petrochemical complex in Rabigh, Saudi Arabia. The partners in the planned undertaking include the local SAUDI ARAMCO and SUMITOMO CHEMICAL CO. LTD. of Japan. According...
| 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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