Sumitomo Corporation (SSUMY)

OTCMKTS · Delayed Price · Currency is USD
21.82
-0.03 (-0.14%)
Dec 4, 2024, 3:00 PM EST
1.02%
Market Cap 26.46B
Revenue (ttm) 49.45B
Net Income (ttm) 2.48B
Shares Out n/a
EPS (ttm) 2.04
PE Ratio 10.67
Forward PE n/a
Dividend 0.63 (2.85%)
Ex-Dividend Date Sep 29, 2023
Volume 5,999
Open 21.90
Previous Close 21.85
Day's Range 21.82 - 21.92
52-Week Range 19.00 - 28.90
Beta 0.70
Analysts n/a
Price Target n/a
Earnings Date Jan 30, 2025

About Sumitomo

Sumitomo Corporation engages in general trading business. It operates through six segments: Metal Products; Transportation & Construction Systems; Infrastructure; Media & Digital; Living Related & Real Estate; and Mineral Resources, Energy, Chemical & Electronics. The company provides steel sheets and tubular products; and manufactures, leases, sells, services, and finances ships, aircrafts, motor vehicles, construction equipment, and components and parts. It is involved in the development of renewable energy projects comprising power generatio... [Read more]

Industry Conglomerates
Sector Industrials
Founded 1919
Employees 74,920
Stock Exchange OTCMKTS
Ticker Symbol SSUMY
Full Company Profile

Financial Performance

In 2023, Sumitomo's revenue was 6.91 trillion, an increase of 1.36% compared to the previous year's 6.82 trillion. Earnings were 386.14 billion, a decrease of -31.67%.

Financial numbers in JPY Financial Statements

News

Sumitomo consortium lands contract for 2500MW Qatar power plant

The utility projects will be coming up on the site of an old power plant located approximately 25km south of capital Doha

3 days ago - Zawya

Japanese 7-Eleven Owner Triggers International Investor Frenzy, Attracts Bain Capital And KKR Bids

Seven & i Holdings Co. (OTC: SVNDY), the Japanese conglomerate that owns the global convenience store chain 7-Eleven , has become the focus of significant international investment interest. What Happ...

6 days ago - Benzinga

Mahindra Lifespace shares jump nearly 4% on announcement of second phase of industrial parks project in Tamil Nadu

Shares of Mahindra Lifespace Developers Ltd. surged on Monday following the announcement of the second phase of its industrial parks project in Tamil Nadu, under the brand “Origins by Mahindra.” The p...

10 days ago - Business Upturn

Tokyo Metro wins contract to operate London’s Elizabeth line

Consortium including company that runs Tokyo’s metro system will take over from Chinese-owned MTR from May The company behind Tokyo’s renowned metro system has won a deal to take over the operation of...

14 days ago - The Guardian

Tokyo Metro to help run London's Elizabeth line as new operator named

TfL is awarding the contract to GTS Rail Operations Limited, a joint venture between Go Ahead Group, Tokyo Metro and Sumitomo Corporation

15 days ago - Evening Standard

Hong Kong’s MTR Corp loses London Elizabeth line contract after 10 years of operations

London’s transport authority says the contract has been awarded to joint venture between Go Ahead Group, Tokyo Metro and Sumitomo Corporation.

15 days ago - South China Morning Post

Archer Aviation gets another big order for its futuristic air taxis

Image: Archer Archer Aviation, a leading electric flight company based in San Jose, California, is bringing its futuristic air taxis to Japan. The company will sell 100 of its Midnight battery-powered...

27 days ago - The Verge

Sumitomo: Focus On Short-Term Prospects And Long-Term Value Creation Potential

Sumitomo's Q2 FY 2024 results missed expectations, and I think that it will be tough for the company to meet its full-year bottom line target. On the flip side, SSUMY's recent interim dividend and lat...

4 weeks ago - Seeking Alpha

Sumitomo reports 1H results

Read about Sumitomo's first half earnings report, including EPS of 209.20 yen and revenue of 3.5T yen.

4 weeks ago - Seeking Alpha

Sumitomo Corporation Group Establishes Joint Venture to Develop Renewable Energy Projects in Virginia; Expanding Over 1.5 GW of Solar Power Projects in a Key IT Infrastructure Hub and Data Center Cluster

TOKYO , Oct. 15, 2024 /PRNewswire/ -- Sumitomo Corporation (Head Office: Chiyoda-ku); Representative Director, President and Chief Executive Officer: Shingo Ueno), through Sumitomo Corporation of Amer...

7 weeks ago - PRNewsWire

Ecopetrol Taps Sumitomo Loan After Postponing Dollar Bond Deal

Ecopetrol SA is using a loan with Sumitomo Mitsui Banking Corporation to pay down other debt after it postponed the sale of bonds in the international market this week.

7 weeks ago - BNN Bloomberg

ACWA Power, Sumitomo to co-develop $4.2bln projects in Uzbekistan

The Saudi-listed company will divest 49% stake in Samarkand and Kongrad projects to Japanese firm

2 months ago - Zawya

ACWA Power and Sumitomo Corporation sign joint agreement to develop Uzbekistans largest renewable energy projects

The Samarkand and Kungrad projects are one of the largest solar PV, battery storage and wind projects in the country

2 months ago - Zawya

Sumitomo Hires Juan Toro as CEO of Its Mexican Non-Bank Lender

Sumitomo Mitsui Banking Corp. hired Juan Toro as managing director and chief executive officer for its Mexican non-bank financial company.

2 months ago - BNN Bloomberg

Sumitomo Files Debt Overhaul Plan for Madagascar Nickel Mine

Sumitomo Corp. has filed a debt restructuring plan to a UK court for its Ambatovy nickel and cobalt project in Madagascar.

3 months ago - BNN Bloomberg

Sumitomo Corporation: Consider Both Results Miss And Value Enhancement Moves

Sumitomo Corporation registered a -19% earnings miss for the most recent quarter, due to the underperformance of its cyclical business such as automotive and steel. Sumitomo Corporation has plans to r...

4 months ago - Seeking Alpha

Sumitomo Corporation of Americas Investment in Vast Medical Holdings; Marks Entry into U.S. Healthcare Market with Goals to Improve Patient Outcomes

NEW YORK and CORAL SPRINGS, Fla. , July 17, 2024 /PRNewswire/ -- Sumitomo Corporation, through its U.S. subsidiary Sumitomo Corporation of Americas (SCOA), announced an investment in Vast Medical Hold...

5 months ago - PRNewsWire

Sumitomo Corporation of Americas Diversifies into Distributed Energy with Solar and Storage Investment, Opportunity to Expand Globally

NEW YORK , June 26, 2024 /PRNewswire/ -- Sumitomo Corporation, through Sumitomo Corporation of Americas (hereinafter collectively referred to as, "Sumitomo Corporation Group") announced today a tax eq...

5 months ago - PRNewsWire

Reconciliation Energy Transition Inc. and Sumitomo Corporation Group sign Joint Development Agreement for RETI East Calgary Region CTS Hub Project

CALGARY, AB and NEW YORK , May 23, 2024 /PRNewswire/ -- Reconciliation Energy Transition Inc. ("RETI"), and Sumitomo Corporation, through its subsidiary Ammolite Carbon Sequestration (Collectively "Su...

6 months ago - PRNewsWire

Warren Buffett Was There for the Japanese Market Rally

Berkshire Hathaway holds stakes in five Japanese trading companies.

10 months ago - WSJ

Strategic Biofuels and Sumitomo Corporation of Americas Announce Major Investment Commitment

Renewable fuels company also announces a strategic shift from Renewable Diesel to Sustainable Aviation Fuel production at its Louisiana Green Fuels project COLUMBIA, La. and NEW YORK , Feb. 7, 2024 /P...

10 months ago - PRNewsWire

Sumitomo Corporation makes investment in Brazilian insect protein production and biotechnology company Cyns to Support Next Generation Sustainable Feed Production

NEW YORK , Jan. 30, 2024 /PRNewswire/ -- Sumitomo Corporation, through Sumitomo Corporation do Brasil S.A. announced today a joint investment in a Seed round for Cyns, a biotechnology company located ...

11 months ago - PRNewsWire

Warren Buffett Steadily Increasing Stakes in 5 Japanese Companies: Sumitomo CEO

The CEO of one of Japan's largest general trading companies said Berkshire Hathaway has been increasing its interest.

11 months ago - Barrons

Sumitomo Corporation Group Establishes Renewable Energy Development Company in the United States

NEW YORK , Sept. 11, 2023 /PRNewswire/ -- Sumitomo Corporation, through Sumitomo Corporation of Americas (hereinafter referred to as "SC Group") together with Advantage Capital (AC) — a U.S. impact in...

1 year ago - PRNewsWire