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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Reportlinker Adds Organic Electronics - A Global Market Perspective
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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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insurance and sumitomo corp. - All News and Analysis
REGIONAL NEWS - LATIN AMERICA
- 2006-11-01
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...
Burns to claw back payout.
- 2006-03-09
Burns Anderson has threatened legal action against six former members in a bid to recoup loses suffered as a result of pension mis-selling. The network, along with its PI insurers Mitsui Sumitomo, are attempting to claw back money it was forced to pay claimants...
Veteran banker to oversee break up of one-time foe Japan Post
- 2005-11-15
TOKYO, AFP — For years Japan Post has been a thorn in the side of veteran bankers like Yoshifumi Nishikawa, offering subsidized rates that have lured savers away from the private sector. Now, in an ironic twist, the former president of Sumitomo Mitsui Banking Corp, Japan's third-largest banking group,...
15 Independence Boulevard sees renewal of leases
- 2005-09-28
Mitsui Sumitomo Marine Management, Inc., part of the Mitsui Sumitomo Insurance Group, and Morgan Stanley have renewed and expanded their long-term leases at 15 Independence Boulevard, Warren Township, N.J., announced Dennis McConnell of Cushman & Wakefield of New Jersey, Inc. The companies' respective 55,000 s/f and 6,500 s/f commitments...
Mitsui Sumitomo Insurance and MetLife Agree to Continue Individual Annuity Joint Venture in Japan
- 2005-05-06
NEW YORK & TOKYO -- Mitsui Sumitomo Insurance Co., Ltd. MSI President Hiroyuki Uemura, MetLife, Inc. MetLife International President William J. Toppeta and CitiInsurance International Holdings Inc. CitiInsurance President Michael B.G. Froman are pleased to announce that they have concluded a letter of intent to continue the business of Mitsui...
COURT DECISIONS
- 2005-04-01
Digested from case reports published in the North Eastern Reporter 2d, West Publishing Co., St. Paul, MNDamages sought in death from illegal drugIn May 2002, Janice Aeschlimann filed a complaint against Robert Long and others seeking damages related to the death of her daughter, Sara. The complaint alleged that someone...
Yokoyama, Shinichi
- 2005-01-01
Shinichi Yokoyama President, Sumitomo Life Insurance Company Nationality: Japanese.Career: Sumitomo Life Insurance Company, 1966–1997, various positions; 1997–2000, managing director; 2000–2001, vice president; 2001–, president.Address: 1-4-35, Shiromi, Chuo-ku, Osaka, 540-8512, Japan, 81-6-6937-1435; http://www.sumitomolife. co.jp.■ Shinichi Yokoyama was employed for most of his life at the same company—Sumitomo Life Insurance, r
Typhoons cut first-half earnings of Japan's nonlife insurers.
- 2004-11-22
Kyodo News International, Tokyo Knight Ridder/Tribune Business News Nov. 22--TOKYO -- All of Japan's six major nonlife insurers suffered sharp falls in earnings for the fiscal first half ended Sept. 30, saddled with larger-than-expected payouts following a record number of typhoons that...
BRIEFING - ASIA JOINT VENTURES - NOV 9, 2004.
- 2004-11-09
An executive briefing on joint ventures for Nov 9, 2004, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. SUMITOMO, CHIBA SEIFUN TO LAUNCH FLOUR PREMIX JV IN VIETNAM TOKYO - Sumitomo Corp. (TSE:8053) and Chiba Seifun...
Mitsui Sumitomo Insurance to set up risk management firm in India.
- 2004-09-27
Kyodo News International, Tokyo Knight Ridder/Tribune Business News Kyodo News International, Tokyo Knight Ridder/Tribune Business News
| 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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