Sumitomo Corp - Company Profile

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Sumitomo Corp: Overview

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Sumitomo Corp (Sumitomo) is a business enterprise that operates in metal products, infrastructure, transportation, construction systems, media, network and lifestyle retail, general products, real estate, financial services, logistics, mineral resources and energy, chemicals, and electronics industries. It provides crop protection products, fertilizers, and other agricultural materials. The company also provides leasing of aircraft; telecommunication services in Myanmar; and carries out the import and export of chemicals, machinery, metals, fuels; trilateral trade and domestic and international business investment. It operates in several countries in Asia, Europe, the Middle East, CIS, Africa, Oceania, and the Americas. Sumitomo is headquartered in Tokyo, Japan.

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Headquarters Japan
Address Otemachi Place East Tower, 2-3-2, Ote-Machi, Chiyoda-Ku, Tokyo, 100-8601
Website www.sumitomocorp.com
Telephone 81 3 62855000
No of Employees 78,235
Industry Metals and Mining
Ticker Symbol & Exchange 8053 (TYO)
Revenue (2023) $50.4B 24.1% (2023 vs 2022)
EPS XYZ
Net Income (2023) XYZ 21.9% (2023 vs 2022)
Market Cap* $25.6B
Net Profit Margin (2023) XYZ -1.8% (2023 vs 2022)
* As of and is in US$
View Sumitomo Corp financials
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Sumitomo Corp premium industry data and analytics

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Mines & Projects

Comprehensive coverage on mines and projects for Sumitomo Corp with details including commodities, ownership and operations, production, reserves and resources, plant and equipment and key contacts.

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Sumitomo Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Crude Oil Financial Services
Liquefied Natural Gas Planning and Operation of Industrial Projects
Copper Transportation and Logistics
XYZ XYZ
XYZ XYZ
XYZ XYZ
Understand Sumitomo Corp portfolio and identify potential areas for collaboration Understand Sumitomo Corp portfolio and identify potential areas for collaboration Find out more

History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Contracts/Agreements In November, the company signed a memorandum of understanding with NYK Bulk Project Co and Oshima Shipbuilding to conduct technical verification and development for the construction of ammonia-fueled Handymax bulk carriers.
2023 Contracts/Agreements In November, the company and Nippon Steel Corporation entered into an extended contract with Brunei Shell Petroleum Company Sdn Bhd for the supply of oil country tubular goods.
2023 Contracts/Agreements In November, Sumitomo Corporation of Americas and Invest Alberta signed a memorandum of understanding to support SCOA's development of clean energy initiatives throughout the province of Alberta, Canada.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Sumitomo Corp Mitsubishi Corp Mitsui & Co Ltd Itochu Corp Marubeni Corp
Headquarters Japan Japan Japan Japan Japan
City Chiyoda-Ku Chiyoda-Ku Chiyoda-Ku Minato-Ku Chiyoda-Ku
State/Province Tokyo Tokyo Tokyo Tokyo Tokyo
No. of Employees 78,235 79,706 46,811 110,698 45,995
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Kuniharu Nakamura Chairman Executive Board 2018 -
Masayuki Hyodo Chief Executive Officer; President; Director Executive Board 2018 -
Reiji Morooka Director; Chief Financial Officer; Senior Managing Executive Officer Executive Board 2022 -
Takayuki Seishima Chief Administration Officer; Chief Compliance Officer; Executive Vice President; Director Executive Board 2023 -
Shingo Ueno Executive Vice President; Director Executive Board 2023 -
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
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