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
Filter by
government and sumitomo corp. - All News and Analysis
AXcess News: Chile Sees Surge in Copper, Gold Mining Projects
- 2008-05-27
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...
Teijin, Sumitomo recycle used polyethylene terephthalate bottles
- 2007-06-01
Teijin Fibers Ltd will join forces with Sumitomo Corp, both Japan, to develop an efficient system for recycling discarded polyethylene terephthalate PET bottles. In cooperation with the Japanese subsidiary of Norwegian recycling solutions provider Tomra, Sumitomo has signed a deal with the Adachi Ward government in Tokyo to install...
ASAHI BREWERIES' FARM TO OPEN IN SHANDONG
- 2007-05-24
AsiaInfo Services 05-24-2007 Asahi Breweries' Farm to Open in Shandong SHANDONG, May 24, 2007 SinoCast via COMTEX -- The farm of the Japanese beer giant Asahi Breweries Ltd. is going to start operation at Laiyang, a city of China's east coastal...
Surprise fall in output dampens talk of Japan rate rise
- 2006-08-30
TOKYO AFP — Japanese plants and factories cut their output unexpectedly in July, the government said, dousing market speculation of another rise in local interest rates any time soon. Industrial production dropped by 0.9 percent from June, the trade ministry said, jolting the yen which struck a new record low...
AROUND THE WORLD: AUSTRALIA/OCEANIA
- 2006-05-01
McArthur River Open Pit Plan Encounters Permitting Obstacles Plans to convert Xstrata Zinc's McArthur River zinc-lead-silver mine in Australia's Northern Territory from underground to open-pit mining received a setback in February 2006 when the Territory's Minister for Environment and Heritage withheld approval of the project's Environmental Impact Statement EIS. In...
AROUND THE WORLD: AFRICA
- 2006-01-01
Aquarius Ships First Everest PGM Concentrate Aquarius Platinum shipped the first concentrate from its new Everest platinum group metals PGM mine on the eastern limb of South Africa's Bushveld Complex on Nov. 29, 2005, a month ahead of schedule. Located near the town of Lydenburg, Mpumalanga province, Everest...
Lisbon Valley on Track for November Production
- 2005-09-01
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...
AROUND THE WORLD: REGIONAL NEWS - LATIN AMERICA
- 2005-06-01
Alcoa Initiates Jamalco Alumina Refinery Expansion Alcoa World Alumina and Chemicals AWAC and the government of Jamaica have approved plans to immediately expand capacity at their Jamalco alumina refinery in Clarendon, Jamaica, by 150,000 mt/y. The project is the first phase of a previously announced $800-million, 1.5 million-mt/y Jamalco expansion...
Kyodo news summary -9-.
- 2004-11-29
TOKYO, Nov. 25 Kyodo ---------- Drugmakers Dainippon, Sumitomo to merge in Oct. 2005 OSAKA - Dainippon Pharmaceutical Co. and Sumitomo Pharmaceuticals Co. said Thursday they have reached a basic agreement to merge next Oct. 1, creating Japan's seventh-largest pharmaceutical maker in terms...
Kyodo economic news summary -3-.
- 2004-11-24
TOKYO, Nov. 24 Kyodo ---------- Sumitomo Trust posts 48.79 billion yen net profit in fiscal 2004 half TOKYO - Sumitomo Trust & Banking Co. reported Wednesday a group net profit of 48.79 billion yen in the fiscal first half, up 19.1 percent from...
| 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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