Sumitomo Corp.

Company Overview

Founded in 1919, Sumitomo Corp. is an infrastructure and development company. As one of the multinational corporations driving worldwide development, Sumitomo Corp. has been listed on the Fortune Worldwide 500, an annual list compiled and published in the U.S. by Fortune magazine, for 28 years. The company operates with over 83,000 employees in 129 locations in 66 countries and regions. The company has 886 subsidiaries. The operating segments of the company include metal products, media and digital, transportation and construction systems, living-related and real estate, infrastructure, and mineral resources, energy, chemical, and electronics.

Financial Highlights (FY 2024)

Company's Business Segments

• Steel : Steel products such as tubular products and steel sheets.
• Automotive : Manufacturing, distribution, finance, lease and other services of automobiles, parts, tires, and other related products.
• Transportation & Construction Systems : It is engaged in various transactions and business investments, including the lease and finance business, the aircraft, ship and marine, and construction equipment businesses that develop a value chain globally, and the defense and aerospace business.
• Diverse Urban Development : It is engaged in the development, operation, and asset management of real estate, industrial parks, sustainable cities, and urban infrastructure. Additionally, it is involved in the construction material and equipment business, including cement and industrial facilities, and logistics and insurance-related businesses.
• Media & Digital : Digital solution business, telecommunication business, mobile device distribution business, 5G related businesses, media businesses in the cable television, TV shopping business, video content-related businesses, global corporate venture capital, etc.
• Lifestyle Business : Supermarkets and brands, food businesses such as food and food ingredients and fruits, and healthcare businesses such as drugstores, dispensing pharmacy business, managed care business and clinics.
• Mineral Resources : This group develops, operates, and produces metal resources and other commodities, manufactures and sells products, and also provides various functions in the trading field, realizing between trading and operating assets sector and utilizing commodity derivatives.
• Chemical Solutions : This group is engaged in developing, manufacturing, and selling basic chemical products, agricultural inputs, pharmaceuticals, animal health products, cosmetics, and electronics materials/products.
• Energy Transformation Business : This group is engaged in power generation business in Japan and overseas, domestic power retail business, development, production and sales of energy interests such as natural gas and LNG, offshore infrastructure and marine fuel supply business, and business development in the field of next-generation energy contributing to the realization of a carbon-neutral society.