Sumitomo Corporation (TYO:8053)

Japan flag Japan · Delayed Price · Currency is JPY
3,648.00
+21.00 (0.58%)
May 9, 2025, 3:30 PM JST
-12.73%
Market Cap 4.41T
Revenue (ttm) 7.29T
Net Income (ttm) 561.50B
Shares Out 1.21B
EPS (ttm) 463.32
PE Ratio 7.87
Forward PE 8.04
Dividend 140.00 (3.86%)
Ex-Dividend Date Mar 28, 2025
Volume 3,456,200
Average Volume 3,433,990
Open 3,660.00
Previous Close 3,627.00
Day's Range 3,608.00 - 3,662.00
52-Week Range 2,675.50 - 4,287.00
Beta 0.54
RSI 64.23
Earnings Date May 1, 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 2024, Sumitomo's revenue was 7.29 trillion, an increase of 5.52% compared to the previous year's 6.91 trillion. Earnings were 561.50 billion, an increase of 45.41%.

Financial Statements

News

Sumitomo Corporation Acquires Full Ownership of U.S.-based ActivStyle, Provider of Home Medical Supplies for Patients with Chronic Conditions

Second investment in the U.S. healthcare market – expanding business foundations and pursuing synergy with Quest ST. PAUL, Minn.

2 days ago - PRNewsWire

Yes Bank shares fall from day’s high on reports of Sumitomo stake acquisition stated ‘incorrect’

Shares of Yes Bank declined on Tuesday after CNBC-TV18 reported, citing banking sources, that the earlier Mint report claiming Sumitomo Mitsui Banking Corp (SMBC) received Reserve Bank of India (RBI) ...

3 days ago - Business Upturn

Warren Buffett And His Successor Greg Abel Say Berkshire Hathaway Could Hold This $20B Bet For '50 Years Or Forever'

What began quietly years ago has grown into a defining long-term play for Berkshire Hathaway Inc. (NYSE: BRK) (NYSE: BRK), as the company signals no intention of slowing down or reassessing its $20 ...

4 days ago - Benzinga

Berkshire Hathaway has no plans to sell Japan's trading firms, despite their tariff troubles

Berkshire Hathaway endorses Japan trading houses

4 days ago - CNBC International TV

Sumitomo reports FY results

7 days ago - Seeking Alpha

Japan's Sumitomo, Builders Vision back US rare earths startup Phoenix Tailings

Japan's Sumitomo and impact investment fund Builders Vision have invested in U.S.-based rare earths processing startup Phoenix Tailings, the latest move by manufacturers to boost production of the cri...

8 days ago - Reuters

Mahindra to acquire nearly 59% of SML Isuzu for Rs 555 crore

Mahindra & Mahindra Ltd. has announced its strategic move to acquire approximately 59% stake in SML Isuzu for Rs 555 crore, purchasing shares at Rs 650 each. This acquisition includes Sumitomo Corpora...

12 days ago - The Times of India

Mahindra to acquire majority control in SML Isuzu at Rs 650 per share; launches open offer at Rs 1,554.60 per share

Mahindra & Mahindra Ltd (M&M) has announced that it will acquire a 58.96% stake in SML Isuzu Limited (SML) for an aggregate consideration of Rs 555 crore. The acquisition includes purchasing a 43.96% ...

12 days ago - Business Upturn

Mahindra & Mahindra to acquire 58.96% stake in SML Isuzu for Rs 555 crore

Mahindra & Mahindra Limited (M&M) announced on Friday that it has entered into definitive agreements to acquire a 58.96% stake in SML Isuzu Limited (SML) for a total outlay of Rs 555 crore, strengthen...

12 days ago - Business Upturn

Japanese Banking Giant SMBC Explores Stablecoin Use With Ava Labs, Fireblocks

Sumitomo is the latest example in a roster of firms eyeing the booming stablecoin market, which has grown 50% to around $230 billion in a year.

5 weeks ago - CoinDesk

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....

6 weeks 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...

6 weeks 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...

6 weeks 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...

6 weeks 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...

6 weeks 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...

7 weeks 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.

7 weeks 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...

7 weeks 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, ...

2 months 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...

4 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...

4 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...

4 months ago - BNN Bloomberg