Sumitomo Corporation (TYO:8053)
Japan
· Delayed Price · Currency is JPY | Market Cap | 3.94T |
| Revenue (ttm) | 7.17T |
| Net Income (ttm) | 398.50B |
| Shares Out | 1.21B |
| EPS (ttm) | 327.98 |
| PE Ratio | 9.92 |
| Forward PE | 7.19 |
| Dividend | 130.00 (4.01%) |
| Ex-Dividend Date | Mar 28, 2025 |
| Volume | 1,602,500 |
| Average Volume | 3,533,310 |
| Open | 3,248.00 |
| Previous Close | 3,240.00 |
| Day's Range | 3,228.00 - 3,264.00 |
| 52-Week Range | 2,675.50 - 4,433.00 |
| Beta | 0.52 |
| RSI | 47.71 |
| 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 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 StatementsNews
Japanese Banking Giant SMBC Explores Stablecoin Use With Ava Labs, Fireblocks
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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, ...
Sumitomo GAAP EPS of ¥343.31, revenue of ¥5.32T
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...
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...
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...
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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...
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
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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
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...
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...
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...
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
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.