Sumitomo Corporation (TYO:8053)

Japan flag Japan · Delayed Price · Currency is JPY
3,536.00
-57.00 (-1.59%)
Mar 28, 2025, 3:30 PM JST
-5.10%
Market Cap 4.28T
Revenue (ttm) 7.17T
Net Income (ttm) 398.50B
Shares Out 1.21B
EPS (ttm) 327.98
PE Ratio 10.78
Forward PE 7.98
Dividend 130.00 (3.68%)
Ex-Dividend Date Mar 28, 2025
Volume 3,625,500
Average Volume 3,169,380
Open 3,592.00
Previous Close 3,593.00
Day's Range 3,517.00 - 3,610.00
52-Week Range 2,675.50 - 4,433.00
Beta 0.65
RSI 53.58
Earnings Date May 2, 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 Tokyo Stock Exchange
Ticker Symbol 8053
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 Statements

News

Ashok Leyland denies media reports of acquiring stake in SML Isuzu

Earlier today, multiple reports, including one from Moneycontrol, suggested that Ashok Leyland was in advanced discussions with Japan’s Sumitomo Corporation to acquire its promoter stake in SML Isuzu....

3 days ago - Business Upturn

Ashok Leyland shares jump 3% on reports on SML Isuzu acquisition

Shares of Ashok Leyland surged 3% on Wednesday following reports that the commercial vehicle giant is in advanced talks to acquire the promoter’s stake in SML Isuzu. As of 10:30 AM, the shares were tr...

3 days ago - Business Upturn

SML Isuzu shares rally 4% on reports of Ashok Leyland buying stake in company

SML Isuzu shares rallied 4% after reports emerged that Ashok Leyland is in advanced discussions to acquire the promoter stake in the company. According to a Moneycontrol report, negotiations are ongoi...

3 days ago - Business Upturn

Classiq Powers Quantum Breakthrough with Sumitomo Corporation and Mizuho-DL Financial Technology

Achieved 95% quantum circuit compression to drive finance innovation Demonstrated efficiency improvements in implementing quantum algorithms for credit portfolio risk management calculations Accelerat...

4 days ago - GlobeNewsWire

How To Invest $100,000 In A Buffett-Inspired Dividend Portfolio

Berkshire Hathaway has increased its stakes in five major Japanese trading houses, nearing the 10% ownership threshold. Warren Buffett's annual letter revealed that these trading houses have agreed to...

5 days ago - Seeking Alpha

Warren Buffett-Backed Japanese Trading Stocks Surge As Tokyo Market Digest Berkshire's Increased Stake

Shares of Japan’s five major trading houses soared on Tuesday on the Tokyo exchange after Warren Buffett ‘s Berkshire Hathaway Inc. (NYSE: BRK) (NYSE: BRK) increased its stakes in the companies . Wh...

11 days ago - Benzinga

Warren Buffett Raises Stakes in 5 Japanese Trading Houses

Warren Buffett's Berkshire Hathaway (BRK.A)(BRK.B) has reportedly raised its stakes in five of Japan's largest trading houses.

11 days ago - Investopedia

Warren Buffet's Berkshire Hathaway Boosts Stake In Japan's Top Trading Firms

Legendary investor, Warren Buffett ‘s Berkshire Hathaway (NYSE: BRK) (NYSE: BRK) has amplified its investment in Japan’s five leading trading companies What Happened : After successfully negotiating...

11 days ago - Benzinga

Warren Buffett's Berkshire Boosts Bets On 5 Japanese Companies: Oracle Of Omaha Says Admiration 'Has Consistently Grown'

After stellar fourth-quarter earnings, Warren Buffett , in his letter to shareholders revealed that Berkshire Hathaway Inc.’s (NYSE: BRK) (NYSE: BRK) performance exceeded his expectations. However, ...

4 weeks ago - Benzinga

Dunlop Brand Changes Hands: Goodyear Strikes $701 Million Deal with Sumitomo To Power Forward Plan

The Goodyear Tire & Rubber Company (NASDAQ: GT) shares are trading flat premarket on Wednesday. On Tuesday, the company entered a deal to sell its Dunlop brand to Sumitomo Rubber Industries (SRI) for...

2 months ago - Benzinga

Nickel Asia Aims to Sell Processing Plant Stake to Sumitomo

Nickel Asia Corp. is in talks to unload its minority stake in a key processing plant to Japan’s Sumitomo Metal Mining Co. as the Philippines’ top producer of the metal focuses on upstream mining and r...

2 months ago - BNN Bloomberg

Aramco’s Venture Arm Joins $30 Million Round for Saudi Startup

Saudi Aramco’s early-stage venture fund and Japanese conglomerate Sumitomo Corp. are backing Saudi consumer electronics startup Zension Technologies, defying a drop in fund-raising across the Middle E...

2 months ago - BNN Bloomberg

Warren Buffett stocks for your IRA in 2025

These picks look even more interesting than Berkshire Hathaway

3 months ago - Market Watch

Fortera and Sumitomo Corporation Join Forces to Bring Low-Carbon Cement Technology to Asia

SAN JOSE, Calif.--(BUSINESS WIRE)--With the Asian market accounting for 73% of global cement output, green cement manufacturer Fortera is partnering with multinational Sumitomo Corporation to position...

3 months ago - Business Wire

UAE Methionine Market Report 2024, with Profiles of Evonik Gulf FZE, Novus International FZE, Sumitomo Corporation Middle East FZE, Soukare Pharmacy and Adisseo Animal Nutrition DMCC

UAE Methionine Market Set for Notable Growth, Surpassing USD 25 Million By 2029 UAE Methionine Market Set for Notable Growth, Surpassing USD 25 Million By 2029

3 months ago - GlobeNewsWire

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

4 months 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...

4 months 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...

4 months 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...

4 months 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

4 months 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.

4 months 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...

5 months ago - The Verge