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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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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Stocks Await Service Sector Data To Break Lackluster Phase - RTTNews Daily Market Analysis
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Atlantic Power Signs Deal To Sell 50% Interest In Mid-Georgia Project - Quick Facts
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Sumitomo posts net loss in the first half
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Aviza to sell assets to Sumitomo
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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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sumitomo corp. - All News and Analysis
Sumitomo & Mitsubishi Go "Head-to-Head" Again In Battle For Dominance Of Japan's Reviving Banking Sector
Japan's two leading "megabanks" are sketching out their borders in the country's fledgling securities industry. by Daniel M. Harrison
JAPAN
Stock markets Stocks joined a regional sell-off as a new round of jitters about the health of global banks swept through the markets. Top Japanese bank Mitsubishi UFJ Financial Group lost 2.9 per cent, Sumitomo Mitsui Financial fell 3.8 per cent and Mizuho Financial shed 6.2 per...
IAC Sells Off Its Japanese TV Channel Stake To Sumitomo For $493 Million
IAC (NSDQ: IACI), as part of the rationalization of its business, has sold off its 30 percent equity stake in Jupiter Shop Channel, a Japanese TV shopping company, to Sumitomo Corp for about $493 million. The company had previously mentioned its intent to sell off the business. Last...
IAC Sells Off Its Japanese TV Channel Stake To Sumitomo For $493 Million
IAC (NSDQ: IACI), as part of the rationalization of its business, has sold off its 30 percent equity stake in Jupiter Shop Channel, a Japanese TV shopping company, to Sumitomo Corp for about $493 million. The company had previously mentioned its intent to sell off the business. Last...
Sumitomo Electric Introduces 10G CWDM SFP+ Module with Internal CWDM DFB LD Chip
TOKYO -- Sumitomo Electric Industries, Ltd. (TOKYO:5802)(ISIN:JP3407400005), a leading supplier of solutions for optical components, modules and sub-systems, today announced that it is expanding its 10Gbps portfolio with the introduction of a CWDM-SFP+ transceiver module that can provide parallel transmission at 80Gbps. Sumitomo Electric is a leader in long-wave...
JAPAN
Stock markets Spreading pessimism over corporate earnings and a strengthening yen sent the Nikkei tumbling almost 7 per cent. The benchmark fell 631.56 points to 8,674.69. The broader Topix index lost 7.05 per cent to 889.23. Major banks were hit hard - Mitsubishi UFJ Financial Group shed...
Examine the World Biopesticides Market
Reportlinker.com announces that a new market research report related to the Chemicals industry industry is available in its catalogue. World Biopesticides Market http://www.reportlinker.com/p092432/World-Biopesticides-Market.html This report analyzes the worldwide markets for Biopesticides in US$ Million. The report provides separate comprehensive analytics for the US,...
Sumitomo Electric Develops 10Gbps 80km Transceiver with Built-in EDC Circuit and DML
TOKYO -- Sumitomo Electric Industries, Ltd. (TOKYO:5802) (ISIN:JP3407400005), a leader in optical solutions, today announced that it is expanding its 10Gbps portfolio with the introduction of an integrated direct modulation laser diode DML and a built-in electronic dispersion compensation EDC feature for use in 80km transceivers. Sumitomo Electric will unveil...
Strathmore Receives Positive Core Assay Results from Monitor Well Installation Program at Roca Honda Uranium Project
Strathmore Minerals Corp. ("Strathmore or "the Company") (TSX VENTURE: STM) is pleased to announce positive core assay results from the 2007-08 well installation program at its Roca Honda uranium development project in New Mexico. The program successfully installed groundwater monitor and sampling wells on the project site. In addition, cores...
Sumitomo Electric Develops New Coaxial Laser Diode Module for High Bandwidth Wireless Applications
TOKYO -- Sumitomo Electric Industries, Ltd. (TOKYO:5802)(ISIN:JP3407400005), today announced that it has developed a new coaxial laser diode module capable of supporting high frequency bandwidth applications. With the addition of the newly-designed model, Sumitomo Electric's family of coaxial laser diode modules will be capable of supporting a broader frequency...
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| Volume | 600 |
| Shares Outstanding | 0. |
| Market Cap | 0. |
| Year High | 10.3380 |
| Year Low | 7.50 |
| Earnings Per Share | 0.00 |
| P/E Ratio | N/A |
| Dividend | 0.00 |
| Yield | 0.00 |
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