Sumitomo Corporation (TYO:8053)
Japan
· Delayed Price · Currency is JPY | Market Cap | 4.52T |
| Revenue (ttm) | 7.29T |
| Net Income (ttm) | 561.50B |
| Shares Out | 1.21B |
| EPS (ttm) | 463.32 |
| PE Ratio | 8.05 |
| Forward PE | 8.08 |
| Dividend | 140.00 (3.82%) |
| Ex-Dividend Date | Mar 28, 2025 |
| Volume | 1,293,100 |
| Average Volume | 3,233,260 |
| Open | 3,670.00 |
| Previous Close | 3,732.00 |
| Day's Range | 3,655.00 - 3,699.00 |
| 52-Week Range | 2,675.50 - 4,164.00 |
| Beta | 0.54 |
| RSI | 58.02 |
| 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]
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
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...
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...
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...
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.
Sumitomo: At Least They Have Localised Steel And Aluminium Production
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...
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, ...