Sumitomo Corporation

Equities

8053

JP3404600003

Diversified Industrial Goods Wholesale

Delayed Japan Exchange Other stock markets 02:00:00 2024-07-18 EDT			5-day change	1st Jan Change
4,038 ^JPY	-1.66%		-0.57%	+31.27%

07-15	44.01 announced that it has received $37 million in funding from a group of investors	CI
07-03	Nippon Steel, Sumitomo renew long-term contract with Equinor to supply pipes	RE

Sumitomo Corporation : CEO meets PM Imran Khan

January 24, 2020 at 03:05 am

Masayoki Hyodo, Chief Executive Officer (CEO) and President of Sumitomo Corporation, a leading Fortune 500 global trading and business investment company, on Thursday called on Prime Minister Imran Khan here in Davos, Switzerland on the sidelines of WEF (World Economic Forum) Annual Meeting 2020.

Advisor to the PM on Commerce Abdul Razaq Dawood, Ambassador at Large on Investments Ali Jehangir Siddiqui and Pakistan's Permanent Representative to the United Nations in Geneva Ambassador Khalil Hashmi were also present on the occasion.

Latest news about Sumitomo Corporation

44.01 announced that it has received $37 million in funding from a group of investors	07-14	CI
Nippon Steel, Sumitomo renew long-term contract with Equinor to supply pipes	07-03	RE
Japanese Stocks Extend Winning Streak on US Fed Chair's Inflation Comments	07-03	MT
Sumitomo Files for Singapore Listing of $1.0 Billion Bonds	07-03	MT
SC Airbag Holdings Co. Ltd. agreed to acquire 82.84% stake in Sumisho Airbag Systems Co., Ltd. from Sumitomo Corporation.	06-27	CI
Japanese Stocks Slide on Currency Intervention Concerns Amid Yen's 38-Year Low	06-27	MT
S&P Assigns A- Issue Rating to Sumitomo's 2029, 2034 Eurobonds	06-26	MT
Sumitomo Corporation (TSE : 8053) acquired Naturevo Srl	06-20	CI
Sumitomo Corporation acquired Compumed Services Sdn. Bhd.	06-18	CI
Tranche Update on Sumitomo Corporation's Equity Buyback Plan announced on May 2, 2024.	06-17	CI
Sumitomo Corporation's Equity Buyback announced on May 2, 2024, has closed with 12,288,300 shares, representing 1.01% for ¥49,999.65 million.	06-16	CI
Nippon Steel, Sumitomo get CCS pipe orders from QatarEnergy	06-14	RE
South Korean Shares Gain for Fourth Straight Day Over US Fed Rate Cut Optimism	06-14	MT
GS Caltex to Provide Cosmetics Material to Sumitomo Affiliate	06-13	MT
Sumitomo Corporation completed the acquisition of an unknown minority stake in EPSILON COMPOSITE SA.	06-11	CI
Multibillion-euro court battle over stranded Russian jets begins in Dublin	06-11	RE
Sumitomo Corporation of Americas Announces Sales Agreement with Rock Identification Hardware and Solutions Provider Hyperspectral Intelligence Inc	06-10	CI
Tivan Signs Agreement with Sumitomo for Speewah Fluorite Project Development; Shares Up 13%	06-06	MT
Sumitomo aims to install 500 MW battery storage in Japan by early 2031	06-05	RE
Elliott rebuilds stake in SoftBank and pushes for $15 bln buyback, FT reports	06-05	RE
Duskin's Repurchases 239 Million Yen worth of Shares in May	06-03	MT
Sumitomo Buys Back Over 23 Billion Yen Worth of Shares in May	06-03	MT
Irish court case on Russia jet insurance claims to begin on June 11	05-30	RE
Iws Fleet As announced that it expects to receive ?60 million in funding from Sumitomo Corporation	05-26	CI
Sumitomo Enters Carbon-Capture JV in Canada	05-23	DJ

Chart Sumitomo Corporation

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Company Profile

Sumitomo Corporation is a diversified group organized around 7 areas of activity: - retail distribution of consumer goods (24.4% of net sales): food products, apparel and accessories, pharmaceuticals, building materials, household and decorative items, etc. The group is also developing a real estate business; - trading of hydrocarbon, mining, chemicals and electronics products (24%): oil, natural gas, copper, gold, silver, zinc, lead, nickel, coal, iron ore, resins, pesticides, petrochemical products, etc.; - trading of steel products and non ferrous metals (20%): flat and long steel products, tubular products, aluminum products, titanium, etc.; - distribution of transportation and construction systems and equipments (15.1%): spatial equipments, landing fields, forest machines, motorcycles, mining operating vehicles, etc.; - telecommunications and multimedia products and services supplies (8.8%): TV wiring, data communication solutions, film distribution services, mobile telephony, Internet access and computing services; - development and implementation of civil engineering infrastructures (7.6%): power plants, wastewater treatment units, industrial plants, telecommunications centers, etc. The group is also providing logistics services; - other (0.1%).

Sector

Diversified Industrial Goods Wholesale

Calendar

2024-07-30 - Q1 2024 Earnings Call

Related indices

Nikkei 225

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Ratings for Sumitomo Corporation

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

4,106 JPY

Average target price

4,439 JPY

Spread / Average Target

+8.11%

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Company calendar

Sector Diversified Industrial Goods Wholesale

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Diversified Industrial Goods Wholesale