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 $11M golden handshake
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Nissan to launch joint venture with Sumitomo Corp. for recycling of electric car batteries
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Nissan to launch joint venture with Sumitomo Corp. for recycling of electric car batteries
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Sumitomo Corp Contracts with Saudi Aramco for Communication Package in Manifa Crude Increment Project
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Japan Hot Stocks-Sumitomo Corp, Haseko, Yoshimoto Kogyo, Ebara
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English E-Learning Leader, Eleutian Technology, Partners With Sumitomo Corporation to Develop Service in Japan
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California Bill AB 496 pulled from Senate Committee agenda
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Grainger to acquire majority ownership in Japanese MRO distributor
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Top 10 industry issues
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Grainger to acquire majority ownership in Japanese MRO distributor
News & Analysis
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productivity and sumitomo corp. - All News and Analysis
Examine the World Biopesticides Market
Reportlinker.com announces that a new market research report related to the Chemicals industry industry is available in its catalogue. World Biopesticides Market http://www.reportlinker.com/p092432/World-Biopesticides-Market.html This report analyzes the worldwide markets for Biopesticides in US$ Million. The report provides separate comprehensive analytics for the US,...
Mill for gray and ductile cast irons
A 90-degree, double-negative milling cutter with positive cutting insert geometry, Sumitomo's SDP Spider mill is designed for high-productivity face milling of gray and ductile cast irons. Each insert consists of eight cutting edges. According to the company, a positive chipbreaker insert provides reduced cutting force and more productivity while extending...
Precision insert grades.(Cutting Tools)
Sumitomo's AC610M and AC630M grades turn stainless steel and steel with extreme accuracy. An excellent choice for the general cutting of stainless steel, the AC630M offers exceptional peeling and notch wear resistance. Featuring superior plastic deformation control and wear resistance, the AC610M is ideal for applications...
Tooling and Workholding
Materials, geometries, and coatings are elements in a changing field Overall, there are two overriding customer needs: reducing cycle time and machine downtime. They want higher feed rates and depth of cut for greater metal removal. "In the past these needs have been met with bigger tools, but...
Anti-Vibration boring bars.(EDITOR'S CHOICE)
Sumitomo's Anti-Vibration X-Bar for deep-hole boring features a special dampening mechanism that eliminates chatter, resulting in extremely fine finishes and extra long tool life. Ideal for extended overhangs, the product provides smooth finishes at up to 6X the length to diameter. In addition, the X-Bar is...
Boring bar with dampening mechanism.(PRODUCT SNAPSHOTS: TOOLING & WORKHOLDING)
Sumitomo Electric introduces its Anti-Vibration X-Bar for deep-hole boring. The tool features a dampening mechanism designed to eliminate chatter. Suited for extended overhangs, the boring bar is designed to provide a smooth finish at up to six times the length to diameter. All are coolant-through and...
PcBN grade for interrupted cutting.(PRODUCT SNAPSHOTS: TOOLING & WORKHOLDING)(Buyers Guide)
Sumitomo introduces its BNC300 coated PcBN grade-- [ILLUSTRATION OMITTED] * Machines hardened steels with interrupted cuts * The PcBN substrate, combined with a TiAIN ceramic gold coating, result in extended tool...
High-tech plot foiled to rob Sumitomo bank in Britain of 220m pounds
LONDON AFP — Police foiled what could have been one of Britain's biggest bank heists ever, after a gang tried to hack into computers at the London branch of the Sumitomo Mitsui bank group to steal 220 million pounds (423 million dollars, 316 million euros), police sources said. The...
Police foil high-tech plot to rob Sumitomo bank of 220 mln pounds
LONDON AFP — Police foiled what could have been one of Britain's biggest bank heists ever, after a gang tried to hack into computers at the London branch of the Sumitomo Mitsui bank group to steal 220 million pounds. The gang broke into Sumitomo's computer systems last October and...
Plot foiled to steal 421 million dollars from Sumitomo in Britain
LONDON AFP — A high-tech gang tried to steal 220 million pounds (421 million dollars) from the London offices of the Japanese banking group Sumitomo and transfer the funds to 10 bank accounts around the world. The Financial Times said police have been investigating the case since October, when...
| 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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