OverviewSuggest Edit
Sumitomo Corporation (住友商事株式会社) is an organization that conducts business activities in a range of industries. It operates through six business units: Metal Products; Transportation and Construction Systems; Infrastructure; Media and Digital; Living Related and Real Estate; Mineral Resources, Energy, Chemical and Electronics. The Metal Products segment offers steel sheets and tubular products, and non-ferrous metals, such as aluminum and titanium. The Transportation and Construction Systems segment manufactures, sells, services, leases, and finances ships, aircraft, aerospace equipment, and automotive and related products. The Infrastructure segment provides engineering, procurement, and construction services, retails electricity, and offers delivery, customs clearance, transportation, and insurance services. The Media and Digital segment engages in the cable television, multi-channel programming distribution, movies, digital media-related, video content-related, TV shopping, e-commerce, and smart communications platform businesses. The Living Related and Real Estate segment operates food supermarkets and drugstore chains, offers vegetables, fruits, and meats, and trades in cement, wood, building materials, and biomass. The Mineral Resources, Energy, Chemical and Electronics segment develops and trades in mineral and energy resources, commodity derivatives, liquefied petroleum gas, battery, carbon products, plastics, organic and inorganic chemicals, pharmaceuticals, agricultural chemicals, fertilizers, and animal drugs.
| Type | Public | |
| Founded | 1919 | |
| HQ | Tokyo, JP | Map |
| Website | sumitomocorp.com | |
| Employee Ratings | More | |
| Overall Culture | C+ | More |
Recent NewsAll News
- Sumitomo Construction Machinery Co.,Ltd. Deploys Iridium® for Heavy Equipment Satcom
- Fiber Optic Preform japan and Korea Market Research Report 2022 Including Manufacturing Strategy with players Furukawa, Sumitomo, Hengtong Guangdian, Fujikura, OFS Fitel, Fasten Group, Fiberhome Says Calibre Research
- Sumitomo Chemicals Q3 Review - Healthy Beat; Long-Term Growth Intact: Nirmal Bang
- Consolidated quarterly results FY2021
Key People/Management at Sumitomo
Masayuki Hyodo
Director, President and Chief Executive Officer
Toshikazu Nambu
Director, Executive Vice President, Chief Digital Officer
Takayuki Seishima
Director, Senior Managing Executive Officer, Chief Administration Officer and Chief Compliance Officer
Masaru Shiomi
Director, Senior Managing Executive Officer
Hideki Yamano
Director, Senior Managing Executive Officer
Kuniharu Nakamura
Director, Chairman
Sumitomo Office Locations
Sumitomo has offices in Tokyo, Fukuoka, Hamamatsu, Imabari and in 116 other locations
Tokyo, JP (HQ)
OTEMACHI PLACE EAST TOWER, 3-2 Otemachi 2-Chome
Fukuoka, JP
Hakata Kangen Building 6F, 30-23, Hakataekimae 3-chome
Hamamatsu, JP
Hamamatsu Act Tower 21F, 111-2, Itaya-machi, Naka-ku
Imabari, JP
Shimanami Building, 2-1, Kyoei-cho 2-chome
Kagoshima, JP
Kagoshima Takamibashi Building, 5-1, Nishida 1-chome
Kitakyushu, JP
Asano 2-Chome, 2-chōme-9 Asano, Kokurakita Ward
Sumitomo Financials and Metrics
Sumitomo Revenue
Sumitomo's revenue was reported to be ¥4.65 t in FY, 2021
| JPY | |
|---|---|
Revenue (Q3, 2022) | 1.4t |
Gross profit (Q3, 2022) | 299.1b |
Net income (Q3, 2022) | 99.4b |
EBITDA (Q3, 2022) | 166.3b |
EBIT (Q3, 2022) | 123.5b |
Market capitalization (13-May-2022) | 2.3t |
Closing stock price (13-May-2022) | 1.8k |
Cash (31-Dec-2021) | 620.7b |
EV | 5.3t |
Sumitomo's current market capitalization is ¥2.3 t.
Annual
| JPY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Revenue | 4.8t | 5.3t | 5.3t | 4.6t |
Cost of goods sold | (3.8t) | (4.3t) | (4.3t) | (3.7t) |
Gross profit | 1.1t | 1.0t | 1.1t | 900.4b |
Quarterly
| JPY | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.2t | 1.2t | 1.4t | 1.3t | 1.3t | 1.3t | 1.0t | 1.1t | 1.1t | 1.3t | 1.3t | 1.4t |
Cost of goods sold | (973.2b) | (999.5b) | (1.1t) | (1.0t) | (1.1t) | (1.0t) | (822.6b) | (883.9b) | (918.1b) | (988.2b) | (982.7b) | (1.1t) |
Gross profit | 257.6b | 249.6b | 262.1b | 266.6b | 257.7b | 253.4b | 213.1b | 228.1b | 226.7b | 277.8b | 294.4b | 299.1b |
Annual
| JPY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Cash | 667.2b | 660.4b | 710.4b | 599.0b |
Accounts Receivable | 1.3t | 1.3t | 1.2t | 1.3t |
Prepaid Expenses | 137.7b | 161.0b | 131.5b | 135.2b |
Inventories | 877.8b | 925.2b | 930.0b | 793.3b |
Quarterly
| JPY | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 700.3b | 707.5b | 675.1b | 675.8b | 645.9b | 650.5b | 604.5b | 587.4b | 629.2b | 637.9b | 671.1b | 620.7b |
Accounts Receivable | 1.3t | 1.3t | 1.4t | 1.3t | 1.3t | 1.3t | 1.1t | 1.1t | 1.2t | 1.3t | 1.3t | 1.5t |
Prepaid Expenses | 172.6b | 176.7b | 161.4b | 158.2b | 164.5b | 170.3b | 192.1b | 171.1b | 136.4b | 131.1b | 121.6b | |
Inventories | 1.0t | 952.0b | 1.2t | 973.1b | 987.3b | 1.0t | 948.0b | 876.7b | 852.7b | 875.2b | 933.7b | 994.4b |
Annual
| JPY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Net Income | 333.9b | 337.8b | 189.5b | (134.5b) |
Depreciation and Amortization | 118.9b | 111.8b | 165.3b | 170.9b |
Inventories | (126.0b) | (46.0b) | 505.0m | 217.4b |
Accounts Payable | 90.8b | 108.7b | (97.3b) | 138.4b |
Quarterly
| JPY | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 94.6b | 186.3b | 253.3b | 83.2b | 161.4b | 225.0b | (37.0b) | (51.7b) | (100.3b) | 112.6b | 252.0b | 351.5b |
Depreciation and Amortization | 27.6b | 56.0b | 83.9b | 38.4b | 77.3b | 119.7b | 39.8b | 82.5b | 125.0b | 42.5b | 84.1b | 128.3b |
Inventories | (130.2b) | (51.8b) | (130.7b) | (37.5b) | (50.5b) | (71.0b) | (39.2b) | 51.4b | 108.7b | (73.2b) | (125.1b) | (127.8b) |
Accounts Payable | 57.6b | 78.4b | 120.5b | (66.2b) | (109.8b) | (79.1b) | (96.3b) | (49.0b) | (11.5b) | (61.2b) | (31.3b) | 104.3b |
| JPY | FY, 2018 |
|---|---|
Revenue/Employee | 67.4m |
Sumitomo Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Aver Asia (S) Pte | January 27, 2021 | |
| Gemadept Corporation | July 09, 2019 | |
| Q-Park | March 12, 2019 | |
| Fyffes | December 09, 2016 | €751 m |
| Sumi Agro Europe | August 28, 2015 | |
| Agro Amazônia | February 02, 2015 | |
| Edgen Group | November 20, 2013 | |
| KUSURI-NO-KATSUMATA | June 16, 2009 | |
| Howco Group | June 15, 2007 | ¥10 b |
| Nissin Sugar | March 08, 2007 |
Sumitomo Revenue Breakdown
Sumitomo revenue breakdown by business segment: 19.6% from METAL PRODUCTS, 14.7% from TRANSPORTATION & CONSTRUCTION SYSTEMS, 7.5% from INFRASTRUCTURE, 8.6% from MEDIA, ELECTRONICS & NETWORK, 23.5% from MINERAL RESOURCES & CHEMICAL, 23.9% from LIVING RELATED & REAL ESTATE and 2.2% from Other
Sumitomo Cybersecurity Score
Sumitomo Online and Social Media Presence
Sumitomo's Trends
Sumitomo Company Culture
Overall Culture
C+
75/100
CEO Rating
F
47/100
Compensation
D+
61/100
Sumitomo News and Updates
March 16, 2022
Sumitomo Construction Machinery Co.,Ltd. Deploys Iridium® for Heavy Equipment Satcom
MCLEAN, Va., March 16, 2022 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that Sumitomo Construction Machinery Co.,Ltd. (SCM) a leading manufacturer of heavy equipment, has deployed Iridium satcom for its Link-Belt Excavators (LBX). Through this partnership,...
February 22, 2022
Fiber Optic Preform japan and Korea Market Research Report 2022 Including Manufacturing Strategy with players Furukawa, Sumitomo, Hengtong Guangdian, Fujikura, OFS Fitel, Fasten Group, Fiberhome Says Calibre Research
DALLAS, Feb. 22, 2022 /PRNewswire/ -- The newly posted research on the Fiber Optic Preform Market report 2022 to 2029 is said to be a comprehensive overview and in-depth study on the recent and upcoming industry of the global Fiber Optic Preform Market. In addition to this, the Fiber...
February 06, 2022
Sumitomo Chemicals Q3 Review - Healthy Beat; Long-Term Growth Intact: Nirmal Bang
Sumitomo Chemicals Q3 Review - Healthy Beat; Long-Term Growth Intact: Nirmal Bang
February 04, 2022
Consolidated quarterly results FY2021
Consolidated results for the nine-month period ended December 31, 2021
February 04, 2022
Notice Concerning Revision Of Consolidated Earnings Forecasts And Dividend Forecast For The Fiscal Year Ending March 31, 2022
Sumitomo Corporation (hereinafter “Sumitomo”) hereby decided the revision of the consolidated
earnings forecasts and dividend forecast for the fiscal year ending March 31, 2022.
February 03, 2022
Sumitomo Standalone December 2021 Net Sales At Rs 707.15 Crore, Up 26.25% Y-o-y
Net Sales at Rs 707.15 crore in December 2021 up 26.25% from Rs. 560.12 crore in December 2020
Sumitomo Frequently Asked Questions
When was Sumitomo founded?
Sumitomo was founded in 1919.
Who are Sumitomo key executives?
Sumitomo's key executives are Masayuki Hyodo, Toshikazu Nambu and Takayuki Seishima.
How many employees does Sumitomo have?
Sumitomo has 75,383 employees.
What is Sumitomo revenue?
Latest Sumitomo annual revenue is ¥4.6 t.
What is Sumitomo revenue per employee?
Latest Sumitomo revenue per employee is ¥61.6 m.
Who are Sumitomo competitors?
Competitors of Sumitomo include TE Connectivity, CITIC and LOTTE.
Where is Sumitomo headquarters?
Sumitomo headquarters is located at OTEMACHI PLACE EAST TOWER, 3-2 Otemachi 2-Chome, Tokyo.
Where are Sumitomo offices?
Sumitomo has offices in Tokyo, Fukuoka, Hamamatsu, Imabari and in 116 other locations.
How many offices does Sumitomo have?
Sumitomo has 120 offices.
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