Sumitomo Corporation

8053

JP3404600003

Diversified Industrial Goods Wholesale

Delayed Japan Exchange Other stock markets 08:09:39 2024-12-12 pm EST			5-day change	1st Jan Change
3,336.00 ^JPY	-0.74%		+1.74%	+8.49%

Dec. 09	Kamereo International Pte. Ltd. announced that it has received ¥1.2 billion in funding from Sumitomo Corporation, Inspire Corporation, SMBC Venture Capital Co., Ltd., Mitsubishi UFJ Capital Co., Ltd., Reazon Holdings, Inc. and other investors	CI
Nov. 28	Sumitomo, U.S. Funds Reportedly Bid for Seven & i's Supermarket Biz	CI

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Latest news about Sumitomo Corporation

Kamereo International Pte. Ltd. announced that it has received ¥1.2 billion in funding from Sumitomo Corporation, Inspire Corporation, SMBC Venture Capital Co., Ltd., Mitsubishi UFJ Capital Co., Ltd., Reazon Holdings, Inc. and other investors	Dec. 08	CI
Sumitomo, U.S. Funds Reportedly Bid for Seven & i's Supermarket Biz	Nov. 28	CI
Sumitomo Corporation and Rikkeisoft Corporation Enter Strategic Partnership to Drive Global Digital Transformation	Nov. 27	CI
Fortress eyes Seven & i's supermarket operations, TV Tokyo says	Nov. 26	RE
Mahindra World City Developers Limited, Sumitomo Corporation and Mahindra Industrial Park Chennai Limited Executes Supplemental Joint Venture Agreement for Expanding the Existing Industrial Park in the State of Tamil Nadu, India	Nov. 22	CI
Brazil's Gerdau buys out Sumitomo Corp and JSW in Gerdau Summit	Nov. 21	RE
MTR Loses Control of London's Elizabeth Line After 10 Years	Nov. 21	MT
Gerdau S.A. entered into an agreement to acquire remaining 41.23% stake in Gerdau Summit Acos Fundidos e Forjados S.A. from Sumitomo Corporation and The Japan Steel Works, Ltd. for $32.6 million.	Nov. 20	CI
BCJ-81 completed the acquisition of the remaining unknown majority stake in T-Gaia Corporation from a group of shareholders for approximately ¥32 million.	Nov. 19	CI
Kamereo LLP announced that it has received $2.8 million in funding from Sumitomo Corporation	Nov. 12	CI
JAL-Sumitomo JV secures right to place order for up to 100 Archer air-taxis	Nov. 07	RE
Green House Co., Ltd. and Sumitomo Corporation agreed to acquire 20% stake in Epicure Catering Co. Ltd.	Nov. 04	CI
Sumitomo's Fiscal H1 Profit Falls 11%	Nov. 04	MT
Saudi Arabia's PIF signs MoUs worth up to $51 billion with Japanese banks	Oct. 31	RE
Sumitomo Corp H1 net profit down 11% at 254 billion yen	Oct. 31	RE
Minehub Technologies Inc. and Sumitomo Corporation Expand Commercial Agreement to Include Non-Ferrous Metals Business	Oct. 16	CI
Jentayu Sustainables, Sumitomo To Develop Hydropower Plant in Malaysia	Oct. 03	MT
Bain Capital Launches Tender Offer to Take Sumitomo's T-Gaia Private	Sep. 30	MT
Sumitomo Corporation acquired an unknown minority stake in Social Interior Inc.	Sep. 30	CI
Bain launches discount tender offer for Japanese mobile retailer T-Gaia	Sep. 30	RE
Bain Capital Private Equity, LP proposed to acquire T-Gaia Corporation from a group of shareholders for ¥110 billion.	Sep. 29	CI
Japan's Sumitomo Corp enters renewable energy market in India	Sep. 13	RE
Sumitomo's US Sub-Subsidiary Presperse Files for Corporate Rehabilitation	Sep. 10	MT
NEXT Logistics Japan, Ltd. announced that it has received funding from Sumitomo Corporation	Aug. 29	CI
BIA GROUP sa announced that it has received funding from Sumitomo Corporation	Aug. 27	CI

Sumitomo Corporation is a diversified group organized around 7 areas of activity: - retail distribution of consumer goods (24.4% of net sales): food products, apparel and accessories, pharmaceuticals, building materials, household and decorative items, etc. The group is also developing a real estate business; - trading of hydrocarbon, mining, chemicals and electronics products (24%): oil, natural gas, copper, gold, silver, zinc, lead, nickel, coal, iron ore, resins, pesticides, petrochemical products, etc.; - trading of steel products and non ferrous metals (20%): flat and long steel products, tubular products, aluminum products, titanium, etc.; - distribution of transportation and construction systems and equipments (15.1%): spatial equipments, landing fields, forest machines, motorcycles, mining operating vehicles, etc.; - telecommunications and multimedia products and services supplies (8.8%): TV wiring, data communication solutions, film distribution services, mobile telephony, Internet access and computing services; - development and implementation of civil engineering infrastructures (7.6%): power plants, wastewater treatment units, industrial plants, telecommunications centers, etc. The group is also providing logistics services; - other (0.1%).

Employees

74,920

Sector

Diversified Industrial Goods Wholesale

Calendar

2025-02-09 - Q3 2024 Earnings Release (Projected)

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