Sumitomo Corporation (TYO:8053)
Japan · Delayed Price · Currency is JPY | Market Cap | 4.49T |
| Revenue (ttm) | 7.29T |
| Net Income (ttm) | 561.50B |
| Shares Out | 1.21B |
| EPS (ttm) | 463.32 |
| PE Ratio | 8.01 |
| Forward PE | 7.89 |
| Dividend | 140.00 (3.77%) |
| Ex-Dividend Date | Sep 29, 2025 |
| Volume | 1,930,300 |
| Average Volume | 2,192,560 |
| Open | 3,756.00 |
| Previous Close | 3,708.00 |
| Day's Range | 3,698.00 - 3,756.00 |
| 52-Week Range | 2,675.50 - 4,088.00 |
| Beta | 0.56 |
| RSI | 54.47 |
| Earnings Date | Jul 31, 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]
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 StatementsNews
Mahindra Lifespaces and Sumitomo ink strategic pact with Osaka to support Japanese businesses in India
Mahindra Lifespace Developers Ltd., through its subsidiary Mahindra Industrial Park Chennai Limited (MIPCL) and its joint venture partner Sumitomo Corporation, signed a Strategic Cooperation Agreement...
Sumitomo Corporation of Americas Donates $50,000 to Support Texas Flood Relief Efforts
NEW YORK , July 17, 2025 /PRNewswire/ -- Sumitomo Corporation of Americas ("SCOA") has contributed $50,000 to the Kerr County Flood Relief Fund to support relief efforts related to the Texas flash flo...
Sumitomo Corporation of Americas Announces Strategic Investment in Independence Hydrogen to Develop Hydrogen Production and Distribution Projects
NEW YORK and ASHBURN, Va. , July 10, 2025 /PRNewswire/ -- Sumitomo Corporation, through its U.S. subsidiary Sumitomo Corporation of Americas (collectively "Sumitomo Corporation Group"), announced a st...
Sumitomo Corporation of Americas Announces Strategic Investment in Independence Hydrogen to Develop Hydrogen Production and Distribution Projects
NEW YORK and ASHBURN, Va. , July 10, 2025 /PRNewswire/ -- Sumitomo Corporation, through its U.S. subsidiary Sumitomo Corporation of Americas (collectively "Sumitomo Corporation Group"), announced a st...
Sumitomo: Turning Bullish Due To Conservative Guidance And Peer Discount (Upgrade)
Auto deal cleared: CCI approves Mahindra’s Rs 555‑cr purchase of 59 % in SML Isuzu, open offer for 26 % stake next
The Competition Commission of India (CCI) has approved Mahindra & Mahindra's proposal to acquire a 58.96% stake in commercial vehicle manufacturer SML Isuzu for ₹555 crore. This acquisition involves p...
Teck Resources, Sumitomo at odds over copper supply deal, exposing cracks in pricing system
Warren Buffett Found Billions In A Tiny Japanese Guidebook He Could Barely Read — No Analysts, No Travel, Just Pure Instinct
At what will be his last annual meeting as CEO of Berkshire Hathaway, Warren Buffett shared a story that succinctly demonstrated his unique ability to spot value in unexpected places, like a small Jap...
Warren Buffett's Cheap Debt Bet On These Japanese Stocks Is Minting 'Infinite Returns', Fund Manager Calls It A 'No-Brainer'
Warren Buffett in 2020 got Berkshire Hathaway (NYSE: BRK)(NYSE: BRK) to borrow yen at roughly 0.5 percent, bought five Japanese blue-chip trading houses paying total shareholder yields of 7-8 percen...
Yes Bank share price jumps over 8% after Japan’s Sumitomo acquires a 20% stake
Yes Bank's shares surged following Sumitomo Mitsui Banking Corporation's agreement to acquire a 20% stake for Rs 13,483 crore. This significant deal, five years after Yes Bank's rescue, involves SBI a...
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.
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) ...
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 ...
Berkshire Hathaway has no plans to sell Japan's trading firms, despite their tariff troubles
Berkshire Hathaway endorses Japan trading houses
Sumitomo reports FY results
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...
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...
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% ...
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...
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.
Sumitomo Corporation: Similar To Investing In A Fund
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....
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...
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...
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...