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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Tata aims to buy stake in India truck maker Swaraj
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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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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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nikkei and sumitomo corp. - All News and Analysis
Japan's major banks to suffer sharp profit fall: report
- 2008-04-05
TOKYO AFP — Combined net profit at Japan's six major banks is estimated to have dropped more than 40 percent for the year to March 2008, weighed down by losses related to US subprime mortgages, a daily said Saturday. The six banks are Mitsubishi UFJ Financial Group Inc., Mizuho...
Tokyo stocks rise modestly on jump in U.S. shares.
- 2004-08-23
TOKYO, Aug. 17 Kyodo Tokyo stocks rose modestly Tuesday in thin trading as an overnight jump in U.S. stocks prompted widespread buying of recently battered shares. The 225-issue Nikkei Stock Average added 38.16 points, or 0.36 percent, to close at 10,725.97. The...
Kyodo economic news summary -2-.
- 2004-08-16
TOKYO, Aug. 9 Kyodo ---------- UFJ still plans to merge with MTFG, despite Sumitomo Mitsui offer TOKYO - UFJ Holdings Inc. said Monday there is no change in its plan to integrate its operations with Mitsubishi Tokyo Financial Group Inc. despite Sumitomo Mitsui...
LEAD: Nikkei ends higher on buying in blue chips.
- 2004-07-19
TOKYO, July 15 Kyodo (EDS: ADDING INFO IN 16, 17TH GRAFS) Japan's key Nikkei index ended higher Thursday lifted by dip buying in some blue-chip issues following plunges in the previous session. The 225-issue Nikkei Stock Average rose 52.49 points,...
Japanese stocks take major hit.
- 2003-10-29
Oct 27, 2003 (The Asian Wall Street Journal - ABIX via COMTEX) The Japanese stockmarket fell sharply on 23 October 2003. The Nikkei 225 Stock Average index dropped 554.46 points to 10,335.16. The Topix index lost 56.72 points to 1,017.03. It was the biggest drop...
LEAD: Tokyo stocks surge in morning, Nikkei above 11,000.
- 2003-10-20
TOKYO, Oct. 14 Kyodo (EDS: ADDING INFO) Tokyo stocks surged Tuesday morning, sending the benchmark Nikkei index up 2.13% and above the key 11,000 threshold for the first time in about a month on solid gains in the banking sector and export-oriented...
Tokyo stocks rise in morning, foreign buying offsets losses.
- 2003-08-26
TOKYO, Aug. 21 Kyodo Tokyo stocks rose slightly Thursday morning, as foreign buying offset early losses resulting from profit-taking after declines in U.S. shares overnight. The 225-issue Nikkei Stock Average edged up 18.96 points, or 0.18%, to end the morning at 10,311.02....
Tokyo stocks rise, Nikkei ends above 8,700 on tech buybacks.
- 2003-06-09
TOKYO, June 6 Kyodo Tokyo stocks closed higher in heavy trading Friday, pushing the key Nikkei index to end above 8,700 on late buybacks in technology shares and foreign investors buying large-cap steel and other issues. The 225-issue Nikkei Stock Average climbed 128.64...
Tokyo stocks rise in morning after U.S. shares gain.
- 2003-06-09
TOKYO, June 6 Kyodo Tokyo stocks rose slightly Friday morning on buying in selected blue chips after gains in U.S. shares overnight offset selling on profit-taking. The 225-issue Nikkei Stock Average gained 16.69 points, or 0.19%, to end the morning at 8,673.92....
Japanese banks hemorrhage.
- 2003-05-27
May 26, 2003 (The Sydney Morning Herald - ABIX via COMTEX) On 26 May 2003, Japan's seven biggest banks reported a combined loss of Y4.62 trillion ($A60bn). The sector's record loss, for the year to 31 March 2003, was a timely reminder of the precarious...
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| 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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