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.
TypePublic
Founded1919
HQTokyo, JP
Websitesumitomocorp.com
Employee Ratings3
Overall CultureC+

Latest Updates

Employees (est.) (Sept 2021)75,383
Revenue (FY, 2021)¥4.6 T(-12%)
Share Price (May 2022)¥1.8 K
Cybersecurity ratingCMore
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Key People/Management at Sumitomo

Masayuki Hyodo

Masayuki Hyodo

Director, President and Chief Executive Officer
Toshikazu Nambu

Toshikazu Nambu

Director, Executive Vice President, Chief Digital Officer
Takayuki Seishima

Takayuki Seishima

Director, Senior Managing Executive Officer, Chief Administration Officer and Chief Compliance Officer
Masaru Shiomi

Masaru Shiomi

Director, Senior Managing Executive Officer
Hideki Yamano

Hideki Yamano

Director, Senior Managing Executive Officer
Kuniharu Nakamura

Kuniharu Nakamura

Director, Chairman
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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
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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
JPYFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

4.8t5.3t5.3t4.6t

Cost of goods sold

(3.8t)(4.3t)(4.3t)(3.7t)

Gross profit

1.1t1.0t1.1t900.4b
Quarterly
JPYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Revenue

1.2t1.2t1.4t1.3t1.3t1.3t1.0t1.1t1.1t1.3t1.3t1.4t

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

257.6b249.6b262.1b266.6b257.7b253.4b213.1b228.1b226.7b277.8b294.4b299.1b
Annual
JPYFY, 2018FY, 2019FY, 2020FY, 2021

Cash

667.2b660.4b710.4b599.0b

Accounts Receivable

1.3t1.3t1.2t1.3t

Prepaid Expenses

137.7b161.0b131.5b135.2b

Inventories

877.8b925.2b930.0b793.3b
Quarterly
JPYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Cash

700.3b707.5b675.1b675.8b645.9b650.5b604.5b587.4b629.2b637.9b671.1b620.7b

Accounts Receivable

1.3t1.3t1.4t1.3t1.3t1.3t1.1t1.1t1.2t1.3t1.3t1.5t

Prepaid Expenses

172.6b176.7b161.4b158.2b164.5b170.3b192.1b171.1b136.4b131.1b121.6b

Inventories

1.0t952.0b1.2t973.1b987.3b1.0t948.0b876.7b852.7b875.2b933.7b994.4b
Annual
JPYFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

333.9b337.8b189.5b(134.5b)

Depreciation and Amortization

118.9b111.8b165.3b170.9b

Inventories

(126.0b)(46.0b)505.0m217.4b

Accounts Payable

90.8b108.7b(97.3b)138.4b
Quarterly
JPYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Net Income

94.6b186.3b253.3b83.2b161.4b225.0b(37.0b)(51.7b)(100.3b)112.6b252.0b351.5b

Depreciation and Amortization

27.6b56.0b83.9b38.4b77.3b119.7b39.8b82.5b125.0b42.5b84.1b128.3b

Inventories

(130.2b)(51.8b)(130.7b)(37.5b)(50.5b)(71.0b)(39.2b)51.4b108.7b(73.2b)(125.1b)(127.8b)

Accounts Payable

57.6b78.4b120.5b(66.2b)(109.8b)(79.1b)(96.3b)(49.0b)(11.5b)(61.2b)(31.3b)104.3b
JPYFY, 2018

Revenue/Employee

67.4m
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Sumitomo Operating Metrics

Sumitomo's Enterprise Customers was reported to be 100 k in FY, 2020.
FY, 2017FY, 2018FY, 2019FY, 2020

Enterprise Customers

100 k100 k100 k100 k

Locations

129133136135

Countries

66666666

Member Companies

947931957935
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Sumitomo Acquisitions / Subsidiaries

Company NameDateDeal Size
Aver Asia (S) PteJanuary 27, 2021
Gemadept CorporationJuly 09, 2019
Q-ParkMarch 12, 2019
FyffesDecember 09, 2016€751 m
Sumi Agro EuropeAugust 28, 2015
Agro AmazôniaFebruary 02, 2015
Edgen GroupNovember 20, 2013
KUSURI-NO-KATSUMATAJune 16, 2009
Howco GroupJune 15, 2007¥10 b
Nissin SugarMarch 08, 2007
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Sumitomo Revenue Breakdown

Embed Graph

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

Cybersecurity ratingPremium dataset

C

70/100

SecurityScorecard logo

Sumitomo Online and Social Media Presence

Embed Graph

Sumitomo Company Culture

  • Overall Culture

    C+

    75/100

  • CEO Rating

    F

    47/100

  • Compensation

    D+

    61/100

Learn more on Comparably

Sumitomo News and Updates

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,...

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...

Sumitomo Chemicals Q3 Review - Healthy Beat; Long-Term Growth Intact: Nirmal Bang

Sumitomo Chemicals Q3 Review - Healthy Beat; Long-Term Growth Intact: Nirmal Bang

Consolidated quarterly results FY2021

Consolidated results for the nine-month period ended December 31, 2021

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.

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
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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.