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

Tata aims to buy stake in India truck maker Swaraj

12/10/09 - 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
Grainger to acquire majority ownership in Japanese MRO distributor

6/22/09 - Joint Venture / Alliance - View Story

News & Analysis

financial and sumitomo corp. - All News and Analysis

Sumitomo's sales up but income down in 2007.(News)(Financial report)

- 2008-03-01

Sumitomo Rubber Industries reported higher sales, but reduced profits for the 12 months ended 31 Dec. 2007. Sumitomo Rubber Industries reported higher sales, but reduced profits for the 12 months ended 31 Dec. 2007.

Tags: financial, income, sales, Sumitomo Corp.
Sumitomo Chemical Reports Consolidated Financial Results for the Nine Months Ended December 31, 2007

- 2008-02-05

Tokyo, Japan, Feb 4, 2008 - JCN Newswire - Sumitomo Chemical Company, Limited (TSE: 4005), a leading diversified chemical producer, has announced results for the nine months ended December 31, 2007. The Group posted sales of JPY 1,391.0 billion, an increase of JPY 94.8 billion over the previous year. Operating...

Tags: financial, Sumitomo Corp.
Has added Evergreen Energy Inc. to their watch list.

- 2008-01-31

M2 PRESSWIRE-31 January 2008-The Maybach Review: Has added Evergreen Energy Inc. to their watch listC1994-2008 M2 COMMUNICATIONS LTD RDATE:31012008 Maybach Financial is a syndicate of financial informants representing a true investing experience. Taking research from financial consultants, brokers, researchers, and...

Tags: Evergreen Energy Inc., FINANCE, financial, investor, kilogram, Sumitomo Corp.
Sumitomo Chemical Announces Revisions to its Financial Estimates for Fiscal 2007

- 2007-12-25

Tokyo, Japan, Dec 25, 2007 - JCN Newswire - Based on recent performance trends, Sumitomo Chemical Co., Ltd. the Company has revised the full-year estimates for the fiscal year ending March 2008 (April 1, 2007-March 31, 2008) announced in its interim results on November 8, 2007 as detailed below.

Tags: financial, Sumitomo Corp.
New Report Covers Various Aspects of the Rapidly Changing Japanese Financial Services Industry

- 2007-09-21

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c68957) has announced the addition of Market Analysis - Emergence of the Japanese Financial Services Industry to their offering. Japan's financial system has faced several critical moments in the recent past. The failure of a number of large banks and securities companies is...

Tags: Annual, bank, Company, FINANCE, financial, Strategy, Sumitomo Corp.

Sumitomo Chemical Reports Consolidated Financial Results for the Three Months Ended June 30, 2007

- 2007-07-31

Tokyo, Japan, July 31, 2007 - JCN Newswire - Sumitomo Chemical Company, Limited (TSE: 4005), a leading diversified chemical producer, has announced results for the first quarter ended March 31, 2007. The Group posted first-quarter sales of JPY 439.2 billion, an increase of JPY 26.9 billion over the same period...

Tags: financial, Sumitomo Corp.
Sumitomo Chemical Company, Ltd. Announces Consolidated Financial Results

- 2007-05-10

Tokyo, Japan, May 10, 2007 - JCN Newswire - Sumitomo Chemical Company, Limited (TSE: 4005) today announced that its consolidated net sales for the year ended March 31, 2007 (FY 2006) totaled JPY 1,790.0 billion ($15,163 million), an increase of 15.0% over FY 2005. The Company posted operating income of...

Tags: Company, financial, Sumitomo Corp.
Sumitomo Chemical Reports Consolidated Financial Results For the Nine Months Ended December 31, 2006

- 2007-02-02

Tokyo, Japan, Feb 2, 2007 - JCN Newswire - Sumitomo Chemical Company, Limited today announced that its consolidated net sales for the nine months ended December 31, 2006 totaled JPY 1,296.2 billion ($10,882 million), an increase of 18.1% over the same period last year. Net income increased by 2.3%...

Tags: financial, Sumitomo Corp.
Japan's third-ranked megabank is the most likely to spring a surprise.

- 2007-01-16

Byline: Peter Alford Jan 16, 2007 (The Australian - ABIX via COMTEX) -- Sumitomo Mitsui Financial president, Teisuke Kitayama, forecasts steady domestic growth for Japan's third-ranked "megabank" over the next two years. Kitayama also expects that inflation will gradually return to normal...

Tags: FINANCE, financial, Japan, Sumitomo Corp.
Sumitomo Chemical Reports Interim Consolidated Financial Results

- 2006-11-10

Tokyo, Japan, Nov 10, 2006 - JCN Newswire - Sumitomo Chemical Company, Limited (TSE:4005) has announced that its consolidated net sales for the six months ended September 30, 2006 totaled JPY 854.6 billion ($7,249 million), an increase of 24.1% over the first half of FY2005. Interim net income increased...

Tags: financial, Sumitomo Corp.