76 items
2026-09-30
MILIZE, Inc. announced that it has entered into an agreement and received funding from new investors, Sompo Holdings, Inc. and Sumitomo Corporation on September 30, 2026. The company issued convertible preferred shares in the transaction. The company issued through third-party allotment.
2026-09-18
Shikoku Electric Power Company, Incorporated (TSE:9507) acquired 15% stake in Amata B.Grimm Power Limited from Sumitomo Corporation (TSE:8053) on September 17, 2026. Shikoku Electric Power Company, Incorporated (TSE:9507) completed the acquisition of 15% stake in Amata B.Grimm Power Limited from Sumitomo Corporation (TSE:8053) on September 17, 2026.
2026-09-04
Sumitomo Corporation participated in the Dos Amigos copper-gold project in the Atacama Region of Chile through a special purpose vehicle funded with the G Mining Group, on a 50:50 basis, under its strategic partnership. The SPV subscribed for approximately CAD 48 million of Tintina Mines Limited's CAD 91 million private placement. Following the completion of the financing, the SPV holds approximately a 25% equity interest in Tintina, providing an effective economic interest of approximately 25% in the Project through its investment in Tintina effectively. The proceeds funded the acquisition of additional ownership interests in the Project resulting in Tintina obtaining 100% ownership, and will fund the Project's advancement towards a final investment decision. Sumitomo Corporation has established a strategic partnership with the G Mining Group for upstream copper investments. The Project was identified and structured through G Mining Capital Inc., an upstream copper business development platform jointly established and operated by Sumitomo Corporation and the Gignac family. It represents a tangible outcome of collaborative activities.
2026-08-21
NIPPON REIT Investment Corporation (TSE:3296) agreed to acquire WORK VILLA MYJ kanda from Sumitomo Corporation (TSE:8053) for ¥8.4 billion on August 20, 2026. A cash consideration of ¥8.4 billion will be paid by NIPPON REIT Investment Corporation. As part of consideration, ¥8.4 billion is paid towards assets of WORK VILLA MYJ kanda. For the period ending December 31, 2025, WORK VILLA MYJ kanda reported total revenue of ¥406 million. The expected completion of the transaction is January 15, 2027. Japan Real Estate Institute acted as the appraiser for the transaction
2026-08-20
Sumitomo Corporation has submitted the following document to the Federal Energy Regulatory Commission: Federal Energy Regulatory Commission 888 First Street, NE Washington, DC 20426 Re: Notice of Request to Update Service List for Docket No. EL25-97 Pursuant to Rules 2010(c)(2) and 2101 of the Rules of Practice and Procedure of the Federal Energy Regulatory Commission, 18 C.F.R §§ 385.2010(c)(2) and 385.2101, Sumitomo Corporation hereby requests the following amendments to the official service list in Docket No. EL25-97. Remove Hideki Hayashi Director 277 Park Avenue New York, NY 10172 hideki.hayashi@sumitomocorp.com Add So Ozawa Senior Legal Consultant 277 Park Avenue New York, NY 10172 so.ozawa@sumitomocorp.com CERTIFICATE OF SERVICE I hereby certify that I have this day served the foregoing document upon each person designated on the official service lists compiled by the Secretary in the above-referenced proceedings. Dated at Washington, D.C, this 17th day of August, 2026.
2026-08-18
Sumitomo Osaka Cement Co., Ltd. (TSE:5232) agreed to acquire 70% stake in S.C.CEMENT CO., Ltd. from Sumitomo Corporation (TSE:8053) on July 1, 2026. Following the transfer, Sumitomo Corporation will continue to be involved in S.C. Cement's business while working closely with Sumitomo Osaka Cement. Upon completion, Junji Kitao will serve as Chairman of the Board and Takayuki Hisamitsu will serve as President of S.C. Cement. The transaction is subject to the completion of the required procedures, including approvals from the relevant authorities, and the fulfillment of other agreed conditions. The transfer is scheduled to be completed on October 1, 2026.
2026-08-01
Sumitomo Corporation provided consolidated earnings forecast for the fiscal year ending March 31, 2027. For the period, the company continues to expect profit attributable to owners of the parent of JPY 630,000 million and basic earnings per share of JPY 132.54. The company stated that there were no revisions to the annual forecast announced on May 1, 2026.
2026-07-27
TWO Inc. announced that it has received ¥500 million in a round of funding on July 27, 2026. The transaction included participation from new investors Sinar Mas Spiral Japan Theme Fund LLC, Sumitomo Corporation, returning investor Energy & Environment Investment, Inc. and individual investor Yoshikazu Higashi. The company issued convertible preferred stock in the transaction. The company has raised ¥2.2 billion in funding till date.
2026-07-24
Sumitomo Corporation, ¥ 20.0, Cash Dividend, Sep-29-2026
2026-07-22
Mahindra World City Developers Limited, Sumitomo Corporation, Japan and Mahindra Industrial Park Chennai Limited, subsidiary of Mahindra World City Developers Limited and step-down and material subsidiary of the Company, has on 22 July 2026 executed a Second Supplemental Agreement. A Second Supplemental Agreement has been executed amongst Sumitomo Corporation, Japan, Mahindra World City Developers Limited and Mahindra Industrial Park Chennai Limited, herein after referred as “JV Partners”, on 22 July 2026 at around 10:40 am. The Supplemental Agreement records the Parties’ intention to collaborate and to further expand the existing Industrial Park in the State of Tamil Nadu, India by developing Phase 2B in Chennai (the “Project”). This Agreement is an extension of the Joint Venture Agreement dated 28 May 2015 (including amendments undertaken from time to time) and the first Supplemental Agreement dated 22 November 2024, under which the Parties have jointly developed Phase 1 and Phase 2A of the Project, respectively.
2026-07-15
Jera Nex Bp Uk Holding Limited acquired 39.02% stake in Nobelwind Offshore Wind Farm from Sumitomo Corporation (TSE:8053) on July 3, 2026. As a result, JERA Nex bp's ownership in the project has increased to 80.1%. The sale is part of Sumitomo Corporation's broader strategic decision to divest its equity stakes in three Belgian offshore wind projects. Jera Nex Bp Uk Holding Limited completed the acquisition of 39.02% stake in Nobelwind Offshore Wind Farm from Sumitomo Corporation (TSE:8053) on July 3, 2026.
2026-07-15
Ethias SA, SFPIM Real Estate and Socofe SA agreed to acquire Northwind Offshore Wind Farm from Sumitomo Corporation (TSE:8053) on July 3, 2026. Subject to approval from relevant authorities, the transaction is scheduled to be completed during fiscal year 2026.
2026-07-14
On July 14, 2026 Forge Nano, Inc. closed the transaction. The company has amended the terms of the transaction. The company has received $14.8 million in its second and final tranche. The transcation included participation from new investor Samsung SDI comprised of $10 million in the transaction. The company has received $97 million so far in the transaction.
2026-07-01
From May 1, 2026 to June 30, 2026, the company has repurchased 33,425,200 shares, representing 0.7% for ¥57,305.75 million. With this, the company has completed the repurchase of 33,425,200 shares, representing 0.7% for ¥57,305.75 million under the buyback announced on May 1, 2026.
2026-07-01
Sumitomo Corporation, Q1 2027 Earnings Call, Jul 31, 2026
2026-07-01
Sumitomo Corporation announced that they will report Q1, 2027 results on Jul 31, 2026
2026-06-13
Sumitomo Corporation (TSE:8053) agreed to acquire Ichigo Hanzomon Building, Ichigo Nishi Ikebukuro Building, Ichigo Kudan Building, and Ichigo Ningyoc from Ichigo Office REIT Investment Corporation (TSE:8975) for ¥14.2 billion on June 10, 2026. The expected completion of the transaction is July 17, 2026.
2026-06-09
Tivan Limited is focused on development planning for the Project for a mining and processing operation of fluorite ore to produce acidgrade fluorspar, in joint venture with Sumitomo Corporation and Japan Organization for Metals and Energy Security (JOGMEC) via their subsidiary Japan Fluorite Corporation (JFC). Tivan and Sumitomo Corporation are progressing an offtake marketing program for the Project through sample assessment by potential end users. Tivan, Sumitomo Corporation and JFC previously agreed a term sheet for the offtake of up to 100% of the product produced over the life of the Project. Under the term sheet, JFC will have the right to acquire up to 100% of the product, with a commitment to purchase a total of 80% of the offtake on a take or pay basis. Final offtake terms are subject to the parties agreeing and executing a full-form binding offtake agreement (see ASX announcement of 7 May 2025 for further details), targeted for third quarter 2026. Tivan recently announced it had successfully completed a mini-pilot plant program for the Project delivering excellent results for acidgrade fluorspar production and providing further confirmation that a premium quality acidgrade fluorspar product, considered suitable for hydrofluoric acid production, can be delivered. Tivan is working with Sumitomo Corporation to dispatch sub-samples produced during the mini-pilot program for shipping to up to 14 end users globally for evaluation as part of the next phase of the product marketing campaign.
2026-06-03
Tintina Mines Limited announced a private placement to issue 91,176,470 Tranche A Subscription Receipts at an issue price of CAD 0.68 for the proceeds of CAD 61,999,999.6 and 42,647,058 Tranche B Subscription Receipts at an issue price of CAD 0.68 for the proceeds of CAD 28,999,999.44 on June 2, 2026. Transaction involves participation of Sumitomo Corporation Gignac family, Franco-Nevada Corporation and other investor. Targeted closing of Subscription Receipt issuance in mid-July of 2026, subject to the satisfaction of the Offering Conditions In consideration for its services, Canaccord will receive a cash finder's fee equal to 5% of the gross proceeds raised through Canaccord, subject to TSX Venture Exchange The gross proceeds of the Offering will be held in escrow by an independent, arm's-length Canadian trust company pending satisfaction of the Escrow Release Conditions. Upon satisfaction (or waiver, where permitted) of the Escrow Release Conditions, (A) each Tranche A Subscription Receipt will automatically convert into one unit comprising one Common Share, one-half of one First Warrant and one-half of one Second Warrant, and (B) each Tranche B Subscription Receipt will convert into one Common Share. All securities issued under the Offering will be subject to a statutory hold period of four months and one day from the date of issuance of the Subscription Receipts. The Offering is subject to several specific shareholder and regulatory approvals under Canadian securities laws and TSXV policies: Closing of the Subscription Receipt issuance will be subject to customary conditions precedent, including: the execution of definitive transaction documentation (including the Minority Acquisition Agreement); the receipt of approval from all creditors having oversight over, or a security interest in, the 26.25% minority interest in ABR; and the receipt of all necessary TSXV and other regulatory approvals
2026-05-15
Sumitomo Corporation Presents at Macquarie Asia Conference 2026, May-18-2026 . Venue: Conrad Hong Kong Hotel, Hong Kong, Hong Kong.
2026-05-12
To discuss the DAIS (Digital AI Strategy) Briefing
2026-05-11
Sumitomo Corporation proposed Year-End Cash Dividend for the Year Ended March 31, 2026. For the year, the company announced dividend of JPY 80.00 per share compared to JPY 65.00 per share. Record date; March 31, 2026. Effective date June 22, 2026. This resolution is subject to approval at the ordinary general meeting of shareholders scheduled for June 19, 2026. Shareholder return policy in the Medium-Term Management Plan 2026 and thereafter are as follows: Pay dividends and repurchase our shares in a flexible and agile manner with a total payout ratio of 40% or higher; and further improve dividend stability and increase dividends in line with profit growth through progressive dividend payments. Dividends to be maintained or increased. The annual dividend for the fiscal year ended March 31, 2026 will be JPY 150 per share, taking into account that profit attributable to owners of the parent for the year amounted to JPY 600.3 billion. This represents an increase of JPY 10 per share from the dividend forecast announced at the time of the announcement of financial results (on May 1, 2025) for the fiscal year ended March 31, 2025. As the interim dividend for the fiscal year was JPY 70 per share, the year-end dividend will be JPY 80 per share.
2026-05-11
Sumitomo Corporation at its Board of Directors meeting held on May 1, 2026, resolved to conduct a share split and make a partial amendment to its articles of incorporation in conjunction with this split. In accordance with this share split, by resolution of the Board of Directors pursuant to Article 184 (2) of the Companies Act of Japan, Sumitomo will make the following partial amendment to the Articles of Incorporation, effective from July 1, 2026. Current Articles of Incorporation ARTICLE 6. TOTAL NUMBER OF AUTHORIZED SHARES The total number of shares the Corporation is authorized to issue shall be 2,000,000,000 shares. Amended Articles of Incorporation ARTICLE 6. TOTAL NUMBER OF AUTHORIZED SHARES The total number of shares the Corporation is authorized to issue shall be 8,000,000,000 shares. The effective date is July 1, 2026. The reason for change is in accordance with this share split.
2026-05-11
Sumitomo Corporation provided consolidated Earnings Guidance for the Firsts quarter ending June 30, 2026 and provided consolidated and non-consolidated Earnings Guidance for Fiscal Year Ending March 31, 2027. For the first quarter of the fiscal year ending March 31, 2027 (April 1, 2026 to June 30, 2026), Sumitomo expects to record a loss of approximately JPY 70.0 billion under "gains (losses) on securities," among other items, in connection with the transfer. For the year Ending March 31, 2027, on consolidated bases the company expects to record Profit attributable to owners of the parent of JPY 630,000 million and Basic earnings per share of JPY 132.06 per share. For the year Ending March 31, 2027, on Non-Consolidated bases the company expects to record a loss of approximately JPY 85.0 billion under "non-operating expenses" (including loss on sale of investment securities and other non-operating expenses) in connection with the transfer.
2026-05-06
Ambatovy Mineral Resources Investment Holding Company agreed to acquire Summit Ambatovy Mineral Resources Investment B.V from Sumitomo Corporation (TSE:8053) on May 1, 2026. The expected completion of the transaction is May 1, 2026 to September 30, 2026.
2026-05-04
Sumitomo Corporation, alongside Kawasaki Kisen Kaisha, Ltd. and Nippon Yusen Kabushiki Kaisha have jointly applied to run a demonstration project related to the supply of ammonia fuel for vessels in Singapore, with Sumitomo Corporation serving as the coordinating company. The Demonstration Project has been selected for the Fiscal year 2024 Supplementary Budget Grant for the 'Global South Future-Oriented Co-creation Project (Large-scale Demonstration - ASEAN Member States: 2nd Call for Proposals)' funded by Ministry of Economy, Trade and Industry through AEM-METI Economic and Industrial Cooperation Committee (AMEICC), effective March 23, 2026. The Demonstration Project is designed to establish the groundwork for the future commercialization of ammonia as a next-generation clean fuel. As part of this initiative, the project partners will conduct a trial supply of ammonia fuel using the 'Ship-to-Ship' (STS) transfer method, employing a bunkering vessel that complies with the requirements set by the Singapore Government. This demonstration project marks the first demonstration of ammonia bunkering by the collaborators. Through this demonstration, the collaborators aim to develop robust safety standards and refine operational procedures, paving the way for the eventual launch of commercial ammonia bunkering services in Singapore. Singapore is the world's largest bunkering hub. With its well-developed port infrastructure and operational expertise, the country offers a practical testing environment for the commercialization of ammonia fuel. Through the Demonstration Project, feasibility studies will assess supply facilities while managing operational risks, establishing procedures, and evaluating environmental and safety factors to confirm the viability of safe, sustainable ammonia fuel supply.
2026-05-02
Sumitomo Corporation, 4 : 1, Stock Split or Significant Stock Dividend, Jun-29-2026
2026-05-01
Sumitomo Corporation, Annual General Meeting, Jun 19, 2026.
2026-05-01
The Board of Directors of Sumitomo Corporation has authorized a buyback plan on May 1, 2026.
2026-05-01
Sumitomo Corporation (TSE:8053) announces a share repurchase program. Under the program, the company will repurchase up to 22,000,000 common stock, representing 1.84% of its total shares outstanding (excluding treasury shares), for a total of ¥80,000 million. The purpose of repurchase program is to improve capital efficiency and enhance shareholder returns. The repurchase program is valid till March 31, 2027. As of March 31, 2026, the company had 1,192,660,499 shares outstanding and 18,766,168 shares in treasury.
2026-05-01
Sumitomo Corporation expected to report Q1 2027 results on August 4, 2026. This event was calculated by S&P Global (Created on June 29, 2026).
2026-05-01
Sumitomo Corporation, Board Meeting, May 01, 2026. Agenda: To consider the Occurrence of Losses in Consolidated and Non-Consolidated Financial Results due to the Transfer of the Ambatovy Nickel Project.
2026-05-01
Sumitomo Corporation reported earnings results for the full year ended March 31, 2026. For the full year, the company reported revenue was JPY 7,337,259 million compared to JPY 7,292,084 million a year ago. Net income was JPY 600,334 million compared to JPY 561,859 million a year ago.
2026-04-21
On April 21, 2026, Forge Nano, Inc. amended the terms of the transaction and received $42.5 million in its second and final tranche of series D funding round with $82.5 million funded and committed to date. The company reported pre-money, pre-merger valuation as $1.2 billion.
2026-04-08
Sumitomo Corporation (TSE:8053), Funds managed by Apollo Capital Management, L.P., Brookfield Asset Management Ltd. (TSX:BAM) and SMBC Aviation Capital Limited entered into letter of intent to acquire Air Lease Corporation (NYSE:AL) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Dimensional Fund Advisors LP and others July 30, 2025. Sumitomo Corporation, Funds managed by Apollo Capital Management, L.P., Brookfield Asset Management Ltd., and SMBC Aviation Capital Limited entered into definitive agreement to acquire Air Lease Corporation from BlackRock, Inc., The Vanguard Group, Inc., Dimensional Fund Advisors LP and others for $7.4 billion on September 1, 2025. Air Lease stockholders will receive $65.00 in cash for each share of Class A common stock of Air Lease. SMBC, Citi, and Goldman Sachs Bank USA have provided $12.1 billion of committed financing in connection with the transaction. Upon closing, Air Lease will be renamed Sumisho Air Lease. In case of termination Air Lease will pay a termination fee of $225 million. The buyers must pay a termination fee of $350 million upon termination of the transaction under certain circumstances where the merger agreement is terminated due to failure to obtain a required regulatory approval. The Board of Directors of Air Lease and the Board of Directors of the buyers have unanimously approved the agreement. The transaction is subject to customary closing conditions, the expiration or termination of the waiting period applicable including approval by Air Lease’s Class A common stockholders and receipt of certain regulatory approvals, and is expected to close in the first half of 2026. The HSR Waiting Period expired at 11:59 p.m. Eastern Time on November 7, 2025. As of December 18, 2025, the transaction has been approved by the shareholders of Air Lease. As on March 30, 2026, the final regulatory approval have been received and the transaction is expected to be completed on on April 8, 2026. J.P. Morgan Securities LLC acted as financial advisor and fairness opinion provider and Thomas W. Greenberg of Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor for Air Lease Corporation. Citigroup Global Markets Limited and Goldman Sachs International acted as financial advisor for SMBC Aviation Capital Limited. William H. Aaronson, Luigi L. De Ghenghi, Lee Hochbaum, Eric McLaughlin, Eric McLaughlin, Ajay B. Lele, Jack Orford, Pritesh P. Shah, Yana Kipnis, Jennifer S. Conway and Joseph S. Brown of Davis Polk & Wardwell LLP and David Lydon and Georgina O'Riordan of McCann FitzGerald LLP acted as legal advisors for SMBC Aviation Capital Limited. Goldman Sachs Securities Co., Ltd and Citigroup Global Markets Japan Inc. acted as financial advisor for Sumitomo Corporation. Norton Rose Gaikokuho Jimu Bengoshi Jimusho acted as legal advisor for Sumitomo Corporation. John Franchini, Alexandra Johnson, Freyda Mechlowicz, Sean C. O’Neill, Daniel P. Tyrrell, Benjamin Fidler, Grant Bermann, Andrea Hamilton, Alexis Brown-Reilly, Max Goodman, Andrew Walker, John Beahn, Carolina Walther-Meade and Catherine Leef Martin of Milbank LLP acted as legal advisors for Brookfield Asset Management Ltd. and Apollo Capital Management, L.P. Annie Herdman and Nadeem Waeen of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor to Apollo Global Management. Innisfree M&A Incorporated acted as information agent to Air Lease and will receive a fee of $50,000 for its services. Equiniti Trust Company, LLC acted as transfer agent to Air Lease Corporation. Sumitomo Corporation (TSE:8053), Funds managed by Apollo Capital Management, L.P., Brookfield Asset Management Ltd. (TSX:BAM) and SMBC Aviation Capital Limited completed the acquisition of Air Lease Corporation (NYSE:AL) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Dimensional Fund Advisors LP and others on April 8, 2026.
2026-04-02
Halliburton Company (NYSE:HAL) acquired Sekal AS from Sumitomo Corporation (TSE:8053) on April 1, 2026. This acquisition advances Halliburton’s strategy to strengthen its drilling automation services and maximize customer asset value. Halliburton Company (NYSE:HAL) completed the acquisition of Sekal AS from Sumitomo Corporation (TSE:8053) on April 1, 2026.
2026-04-01
Sumitomo Corporation, 2026 Earnings Call, May 07, 2026
2026-04-01
Sumitomo Corporation announced that they will report fiscal year 2026 results on May 01, 2026
2026-03-05
Sumitomo Corporation has completed a Fixed-Income Offering in the amount of $500 million. Security Name: 4.9% Notes due 2036 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: $500 million Price\Range: 100% Security Features: EuroBonds; Eurodollar bonds Coupon Type: Fixed
2026-03-05
Sumitomo Corporation has completed a Fixed-Income Offering in the amount of $500 million. Security Name: 4.2% Notes due March 4, 2031 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: $500 million Price\Range: 100% Security Features: Euro MTN; EuroBonds; Eurodollar bonds; MTN; Senior; Unsecured Coupon Type: Fixed
2026-02-20
From January 1, 2026 to February 19, 2026, the company has repurchased 4,262,700 shares, representing 0.36% for ¥26,205.92 million. With this, the company has completed the repurchase of 17,714,775 shares, representing 1.47% for ¥79,999.45 million under the buyback announced on May 1, 2025.
2026-02-20
The company closed its plan on February 19, 2026.
2026-02-04
Sumitomo Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, the company expects profit attributable to owners of the parent to be JPY 570,000 million. Earnings per share attributable to owners of the parent to be JPY 473.07.
2026-02-04
Sumitomo Corporation reported earnings results for the nine months ended December 31, 2025. For the nine months, the company reported revenue was JPY 5,382,725 million compared to JPY 5,319,722 million a year ago. Net income was JPY 408,455 million compared to JPY 416,464 million a year ago. Basic earnings per share from continuing operations was JPY 338.72 compared to JPY 343.54 a year ago. Diluted earnings per share from continuing operations was JPY 338.45 compared to JPY 343.31 a year ago.
2026-02-03
Sumitomo Corporation (TSE:8053) concluded an agreement to acquire Bank Display business of Nomura Research Institute, Ltd. on January 26, 2026. Under this agreement, Sumitomo Corporation is scheduled to assume operations of the business beginning April 1, 2026.
2026-02-02
Sumitomo Corporation has completed a Fixed-Income Offering in the amount of ¥32.5 billion. Security Name: 1.64% Unsecured Straight Bonds due January 22, 2029 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: ¥32.5 billion Price\Range: 100% Security Features: Unsecured Coupon Type: Fixed
2026-02-02
Sumitomo Corporation has completed a Fixed-Income Offering. Security Name: Unsecured Straight Bonds due January 22, 2036 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: ¥13.4 billion Security Features: Unsecured
2026-01-29
Sumitomo Corporation announced the following management changes effective April 1, 2026: Tsuyoshi Yamashiro, previously Head of Financial Planning & Coordination Dept., will become Deputy Head of Internal Audit Dept. Yutaka Nishimaki, previously Head of Internal Control Promotion Dept., will assume the role of Finance, Accounting & Risk Management Group, Sumitomo Shoji Financial Management Co. Ltd. Junichi Kawakami, previously Deputy Head of Finance Dept., will become Head of Business Process Innovation & Promotion Dept. Katsuhiro Suzuki, previously with the Director’s Administration Dept., will take on the role of Head of Risk Management Dept. Yusuke Nagai, previously Deputy Head of Investor Relations Dept., will become Head of Investor Relations Dept. Koichi Sakamoto, previously Deputy Group CFO, Steel Group, will now serve as Group CFO, Steel Group. Shingo Takaichi, formerly was Group CFO, Steel Group. Takanori Otsuka, previously General Manager, Beyond Mobility Strategic Business Unit, will take on the role of Head of Auto Financing Business Unit, Mobility Services Strategic Business Unit. Kenichi Hyuga, previously Deputy Group CEO, Transportation & Construction Systems Group, and General Manager, Construction & Mining Systems Strategic Business Unit, will transition to Aerospace Defense & Technology Strategic Business Unit, Sumisho Aero-Systems Corporation. Kazushige Higo, previously Head of Basic Materials Chemicals Unit, will now serve as Head of Basic Materials Chemicals Unit. Hitoshi Nagase, formerly Head of Risk Management Dept., will become Basic Chemicals Strategic Business Unit, Sumitomo Shoji Chemicals Co. Ltd. Jiro Miyazaki, formerly Head of Gas & Power Trading Unit will no longer hold the position. Tetsuya Kawate, previously Head of Structured Finance Dept., will take on the role of CFO of Sumitomo Corporation of Americas Group, CFO of Sumitomo Corporation of Americas. Yasuo Sugahara, previously CFO of Sumitomo Corporation of Americas Group, CFO of Sumitomo Corporation of Americas, will no longer hold that position. Kotaro Kobayashi, previously Deputy Group CFO, Media & Digital Group, becomes Group CFO, Digital AI Group. Wataru Shiotani, previously Head of DX-IT, Head of Digital Strategy & Promotion Dept., will now serve as Head of Digital Strategy & Promotion Dept. Hitoshi Nagase, Head of Risk Management Dept will no longer hold that position.
2026-01-29
Sumitomo Corporation announced that Shinichiro Wakasugi was born on December 23, 1970. He graduated in March 1993 from Faculty of Economics, Kyoto University. His business career includes: April 2025: Group CFO, Automotive Group; April 2024: Corporate Officer, Group CFO, Automotive Group; April 2022: Corporate Officer, General Manager, Planning & Coordination Dept., Transportation & Construction Systems Business Unit; April 2018: General Manager, Automotive Group in Sumitomo Corporation of Americas Group, Sumitomo Corporation of Americas; April 1993: Joined Sumitomo Corporation. Shimpei Nitta was born on January 7, 1970. He graduated in March 1992 from Faculty of Business Administration, Meiji University. His business career includes: April 2025: General Manager for Africa, Deputy CEO of Sumitomo Corporation Middle East & Africa Group, General Manager, Sumitomo Corporation Africa Pty Ltd; April 2024: Corporate Officer, Assistant General Manager for Middle East & Africa, General Manager for Africa, Deputy CEO of Sumitomo Corporation Middle East & Africa Group, General Manager, Sumitomo Corporation Africa Pty Ltd; April 2022: Corporate Officer, General Manager, Mineral Resources Division No.2; April 2021: Corporate Officer, General Manager, Iron & Steel Making Raw Materials Dept.; April 2020: General Manager, Iron & Steel Making Raw Materials Dept.; April 2018: General Manager, Nickel & New Metals Business Dept.; April 1992: Joined Sumitomo Corporation. Jun Minase was born on September 11, 1971. He graduated in March 1994 from Faculty of Economics, Kyoto University. His business career includes: April 2025: General Manager, Overseas Energy Solution Strategic Business Unit, Deputy General Manager, Energy Innovation Initiative Strategic Business Unit; April 2024: Corporate Officer, General Manager, Japan Energy Solution Strategic Business Unit, Deputy General Manager, Overseas Energy Solution Strategic Business Unit; July 2023: Corporate Officer, Deputy General Manager, Global Power Infrastructure Business Division, General Manager, Power Infrastructure Dept. No.2, General Manager, Power Infrastructure Dept. No.6; April 2023: Corporate Officer, Deputy General Manager, Global Power Infrastructure Business Division, General Manager, Power Infrastructure Dept. No.2; April 2022: Corporate Officer, General Manager, Power Infrastructure Dept. No.1; April 2020: General Manager, Power Infrastructure Dept. No.1; April 2019: General Manager, Renewable Power Generation Dept.; April 1994: Joined Sumitomo Corporation. Yoshiyasu Fuse was born on September 14, 1969. He graduated in March 1992 from Faculty of Economics, Sophia University. His business career includes: April 2025: General Manager, Accounting Controlling Dept.; May 2023: Corporate Officer, General Manager, Accounting Controlling Dept.; April 2023: Corporate Officer, General Manager, Accounting Controlling Dept., General Manager, General Accounting Dept.; June 2022: General Manager, Accounting Controlling Dept.; May 2019: General Manager, Finance & Accounting Group in Sumitomo Corporation of Americas Group, Sumitomo Corporation of Americas, Assistant to General Manager for the Americas; April 1992: Joined Sumitomo Corporation. Hiroshi Kato was born on October 6, 1972. He graduated in March 1995 from School of Commerce, Waseda University. His business career includes: April 2025: Head of Finance Dept.; April 2023: Corporate Officer, General Manager, Corporate Sustainability Dept.; April 1995: Joined Sumitomo Corporation. Daisuke Kajikawa was born on July 15, 1968. He graduated in March 1993 from School of Commerce, Waseda University. His business career includes: January 2026: General Manager, Mobility Services Strategic Business Unit, Head of Auto Financing Business Unit; April 2025: General Manager, Mobility Services Strategic Business Unit; April 2024: Corporate Officer, General Manager, Mobility Services Strategic Business Unit; April 2023: Corporate Officer, Deputy General Manager, Mobility Business Division No.2, General Manager, Fleet Management Dept. No.1; April 2022: General Manager, Mobility Business Planning Dept.; April 2020: Automotive Business Unit in Sumitomo Corporation Europe Group, SUMITOMO DEUTSCHLAND GMBH, KIENLE + SPIESS GMBH; December 2018: Rolled Steel & Non-Ferrous Products Unit in Sumitomo Corporation Europe Group, SUMITOMO DEUTSCHLAND GMBH, KIENLE + SPIESS GMBH; April 2018: General Manager, Automotive Components Business Dept.; April 1993: Joined Sumitomo Corporation. Shinichiro Wakasugi was born on December 23, 1970. He graduated in March 1993 from Faculty of Economics, Kyoto University. His business career includes: April 2022: Corporate Officer, General Manager, Planning & Coordination Dept., Transportation & Construction Systems Business Unit; April 2018: General Manager, Automotive Group in Sumitomo Corporation of Americas Group, Sumitomo Corporation of Americas; April 1993: Joined Sumitomo Corporation.
2026-01-29
Sumitomo Corporation announced personnel changes involving Board Members, Executive Officers, and other positions resolved at the meeting of the Board of Directors held on January 29, 2026. The following changes are effective as of April 1, 2026: Shimpei Nitta will move from his current role as General Manager for Africa, Deputy CEO of Sumitomo Corporation Middle East & Africa Group, and General Manager of Sumitomo Corporation Africa Pty Ltd. to the new corporate title of Executive Officer while continuing in those same Africa/Middle East & Africa assignments; Shinichiro Wakasugi will move from current Group CFO, Automotive Group to the new corporate title of Executive Officer, Group CFO, Automotive Group; Atsuki Kawakami will move from current General Manager, Energy Business Division in Sumitomo Corporation of Americas Group; Sumitomo Corporation of Americas; General Manager, Houston Office to the new corporate title of Executive Officer; Jun Minase will move from current General Manager, Overseas Energy Solution Strategic Business Unit; Deputy General Manager, Energy Innovation Initiative Strategic Business Unit to the new corporate title of Executive Officer while continuing those same assignments; Yoshiyasu Fuse will move from current Head of Accounting Controlling Dept. to the new corporate title of Executive Officer, Head of Accounting Controlling Dept.; Daisuke Kajikawa will move from current General Manager, Mobility Services Strategic Business Unit; Head of Auto Financing Business Unit to the new corporate title of Executive Officer and Hiroshi Kato will move from current Head of Finance Dept. to the new corporate title of Executive Officer, Head of Finance Dept. In addition, Sumitomo Corporation will implement seven promotions of existing Executive Officers (effective April 1): Katsuya Inubushi will be promoted from current Senior Managing Executive Officer, Group CEO, Steel Group to new Executive Vice President, Group CEO, Steel Group; Hajime Mori will be promoted from current Managing Executive Officer, Group CEO, Energy Transformation Business Group to new Senior Managing Executive Officer, Group CEO, Energy Transformation Business Group; Tadayuki Ueno will be promoted from current Managing Executive Officer (Communication Services/Media & Digital-related assignment), JCOM Co. Ltd. to new Senior Managing Executive Officer (Communication Services Group; Media & Digital Group-related assignment), JCOM Co. Ltd.; Yasuhiro Yoshida will be promoted from current Managing Executive Officer, Chief Administration Officer and Chief Compliance Officer to new Senior Managing Executive Officer, Chief Administration Officer and Chief Compliance Officer; Takao Kusaka will be promoted from current Managing Executive Officer, Group CEO, Automotive Group; Group CEO, Transportation & Construction Systems Group to new Senior Managing Executive Officer, Group CEO, Automotive Group; Group CEO, Transportation & Construction Systems Group; Seiji Kitajima will be promoted from current Executive Officer, General Manager, Energy Innovation Initiative Strategic Business Unit to new Managing Executive Officer; and Tatsushi Tatsumi will be promoted from current Executive Officer, Group CEO, Digital AI Group; Chief Digital Officer and Chief Information Officer to new Managing Executive Officer, Group CEO, Digital AI Group; Chief Digital Officer and Chief Information Officer.Five Executive Officers will retire from their Executive Officer positions effective March 31, 2026: Takayuki Seishima will change from current Representative Director; Executive Vice President (Corporate Group); to new Director; Mitsuhiro Takeda will change from current Senior Managing Executive Officer, Head of Risk Management to new Adviser, Haruhiko Aritomo will move from current Senior Managing Executive Officer; CEO of Sumitomo Corporation China Group; Takayuki Sumita will move from current Senior Managing Executive Officer, Chief Strategy Officer; and Yoshinori Mukaida will move from current Managing Executive Officer; Head of Finance, Sumitomo Shoji Financial Management Co. Ltd.
2026-01-29
Sumitomo Corporation, Board Meeting, Jan 29, 2026. Agenda: To consider the personnel changes involving Board Members, Executive Officers, and other positions.
2026-01-26
On January 26, 2026, enechain Corporation closed the transaction. The company amended the terms of the transaction. The company now raised ¥5.05 billion in its final tranche bringing its total funding to ¥11.05 billion in the transaction. The final tranche was led by new investor Coreline and included participation from DCM Ventures Inc., Minerva Growth Partners, Inc., JPS Growth Investment Limited Liability Partnership, a fund co-managed by Sumitomo Mitsui Trust Investment Co., Ltd. and Japan Post Investment Corporation, Soros Capital Management LLC, Mizuho Capital Co., Ltd. and new investor Mitsubishi UFJ Capital Co., Ltd.
2026-01-22
Sumitomo Corporation has announced a Fixed-Income Offering. Security Name: Unsecured Straight Bonds due January 22, 2036 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: ¥13.4 billion Security Features: Unsecured
2026-01-22
Sumitomo Corporation has announced a Fixed-Income Offering. Security Name: Unsecured Straight Bonds due January 22, 2031 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: ¥16.3 billion Security Features: Unsecured
2026-01-22
Sumitomo Corporation has announced a Fixed-Income Offering. Security Name: Unsecured Straight Bonds due January 22, 2031 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: ¥24.4 billion Security Features: Unsecured
2026-01-22
Sumitomo Corporation has announced a Fixed-Income Offering. Security Name: Unsecured Straight Bonds due January 22, 2029 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: ¥32.5 billion Security Features: Unsecured
2026-01-22
Sumitomo Corporation has announced a Fixed-Income Offering. Security Name: Unsecured Straight Bonds due January 21, 2028 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: ¥13.4 billion Security Features: Unsecured
2026-01-13
Sumitomo Corporation (TSE:8053), Electric Power Development Co., Ltd. (TSE:9513) and Aboitiz Renewables, Inc., through the Thunder Consortium, signed a letter of intent to acquire Caliraya-Botocan-Kalayaan Hydro Electric Power Plant Complex from Power Sector Assets and Liabilities Management Corporation for PHP 36.3 billion on July 4, 2025. A cash consideration of PHP 36.27 billion will be paid by Sumitomo Corporation, Electric Power Development Co., Ltd. and Aboitiz Renewables, Inc. As part of consideration, PHP 36.27 billion is paid towards assets of Caliraya-Botocan-Kalayaan Hydro Electric Power Plant Complex. The Consortium will undergo the post-qualification process required by Power Sector Assets and Liabilities Management Corporation (PSALM). On December 17, 2025, The buyers have secured Bridge Loan Facilities from BDO Unibank and Metropolitan Bank and Trust Company of up to PHP 35 billion each. The acquisition will be financed with combination of debt and equity. The closing of the transaction is subject to customary closing conditions, including securing the necessary regulatory approvals such as Philippine Competition Commission. The expected completion of the transaction is in February 2026. On August 14, 2025, Thunder Consortium signed the relevant project agreements with PSALM and the National Power Corporation in relation to the Notice of Award. As of November 13, 2025, the transaction is expected to close by the end of the year. As of November 28, 2025 The Philippine Competition Commission has approved the acquisition of the Caliraya-Botocan-Kalayaan Hydroelectric Power Plant. Sumitomo Corporation, Electric Power Development Co., Ltd. and Aboitiz Renewables, Inc., through the Thunder Consortium, entered into a asset purchase agreement to acquire Caliraya-Botocan-Kalayaan Hydro Electric Power Plant Complex from Power Sector Assets and Liabilities Management Corporation on December 19, 2025. Synergy Consulting Infrastructure & Financial Advisory Services Inc. acted as financial advisor to Power Sector Assets and Liabilities Management Corporation and Asian Development Bank. Asian Development Bank acted as an advisor to Power Sector Assets and Liabilities Management Corporation. Maria Tan Pedersen of Dechert and Puno & Puno acted as legal advisors to Asian Development Bank. Sumitomo Corporation (TSE:8053), Electric Power Development Co., Ltd. (TSE:9513) and Aboitiz Renewables, Inc., through the Thunder Consortium, completed the acquisition of Caliraya-Botocan-Kalayaan Hydro Electric Power Plant Complex from Power Sector Assets and Liabilities Management Corporation on December 19, 2025. The total acquisition price is PHP 36.27 billion. Customary conditions precedent (including PCC clearance requirement) have been satisfied. The acquisition is expected to have a positive effect on AboitizPower’s business and operations by increasing its renewable energy capacity and diversifying its generation portfolio.
2026-01-07
Sumitomo Corporation announced that they will report Q3, 2026 results on Feb 04, 2026
2026-01-07
Sumitomo Corporation, Q3 2026 Earnings Call, Feb 04, 2026
2026-01-07
Cosos Hotel Management Co. Ltd. has joined Sumitomo Corporation's "Any Wear, Anywhere" clothing-sharing service to offer the service to inbound family travelers staying at MIMARU. The service will launch on January 19, 2026, with reservations opening on January 7, 2026. Family travel to Japan often involves challenges such as preparing clothing suited to local climate conditions, transporting large amounts of luggage for family members, and handling unused clothing or suitcases during or after the trip. The service aims to ease these burdens by reducing the need to bring extensive wardrobes while encouraging more environmentally conscious travel.
2026-01-05
From October 1, 2025 to December 31, 2025, the company has repurchased 6,331,500 shares, representing 0.53% for ¥29,725.98 million. With this, the company has completed the repurchase of 13,452,075 shares, representing 1.11% for ¥53,793.53 million under the buyback announced on May 1, 2025.
2025-12-31
Sumitomo Corporation expected to report Fiscal Year 2026 results on May 1, 2026. This event was calculated by S&P Global (Created on February 4, 2026).
2025-12-15
Sumitomo Corporation (TSE:8053) proposed to acquire remaining 49.46% stake in SCSK Corporation (TSE:9719) from a group of sellers for approximately ¥880 billion on October 29, 2025. Under the terms of the acquisition, Sumitomo Corporation will pay ¥5700 in cash per share or a total value of ¥881.7 billion ($5.85 billion). Upon completion, will own 100% stake in SCSK Corporation and a subsequent series of procedures aimed at delisting the shares of SCSK Corporation from Tokyo Stock Exchange. The sellers in the transaction are The Master Trust Bank of Japan, Ltd. (Trust Account), Custody Bank of Japan, Ltd. (Trust Account), STATE STREET BANK AND TRUST COMPANY 505001, STATE STREET BANK WEST CLIENT-TREATY 505234, ARGO GRAPHICS Inc., Custody Bank of Japan, Ltd. (Trust Account 4), GOVERNMENT OF NORWAY and STATE STREET BANK AND TRUST COMPANY 510312. The transaction is subject to minimum tender of 50,347,400 shares and will proceed with squeeze out procedure if achieved. The transaction is subject to approval of offer by the shareholders of SCSK Corporation. The board of directors of SCSK Corporation has expressed an opinion in favor of the Tender Offer, recommending that the shareholders to tender their shares and leave the decision of whether or not to tender in the Tender Offer to the discretion of the holders of the Stock Acquisition Rights. The offer period will close on December 12, 2025. Nagashima Ohno & Tsunemats acted as legal advisor, SMBC Nikko Securities Inc. and Goldman Sachs Japan Co., Ltd. acted as financial advisor to Sumitomo Corporation. Nomura Securities Co., Ltd. acted as financial advisor and fairness opinion provider to SCSK Corporation. Nishimura & Asahi acted as legal advisor to SCSK Corporation. Plutus Consulting Co., Ltd. acted as financial advisor to special committee of SCSK Corporation. Sumitomo Corporation (TSE:8053) proposed to acquire additional 38.09% stake in SCSK Corporation (TSE:9719) from a group of sellers for approximately ¥680 billion on December 12, 2025. The total number of the Tendered Shares are 119,130,014 shares was equal to or greater than the minimum number of shares to be purchased 50,347,400 shares, the Tender Offeror will purchase all of the Tendered Shares. Following the Tender Offer, the Tender Offeror and related parties aim to become the sole shareholders of SCSK. Currently, SCSK shares are listed on the Prime Market of the Tokyo Stock Exchange. If the acquisition procedures proceed, SCSK shares may be delisted according to Tokyo Stock Exchange criteria. After delisting, SCSK shares will no longer be traded on the Prime Market. Details of future procedures will be promptly announced after discussions between the Tender Offeror and SCSK.
2025-12-10
Sumitomo Corporation (TSE:8053) acquired Metribuzin Solo Business in Latin America, Asia-Pacific and Canada of Bayer Aktiengesellschaft (XTRA:BAYN) on December 9, 2025. Michael Burian, Enno Burk, Sophie Römer, Hannah Bug, Benedikt Burger, Birgit Colbus, Saskia Kirchgeßner, Aylin Hoffs, Ocka Stumm, Julian Kettemer and Simon Clemens Wegmann of Gleiss Lutz acted as legal advisor to Sumitomo Corporation. Sumitomo Corporation (TSE:8053) completed the acquisition of Metribuzin Solo Business in Latin America, Asia-Pacific and Canada of Bayer Aktiengesellschaft (XTRA:BAYN) on December 9, 2025.
2025-12-08
Sumitomo Corporation has filed a Shelf Registration in the amount of ¥300 billion. Security Name: Bonds Principal Amount: ¥300 billion
2025-12-01
IR Day 2025 Part 1
2025-11-18
Trualt Bioenergy Limited ("Company") has entered into a Joint Venture Agreement (JVA) and Share Purchase Agreement (SPA), with Sumitomo Corporation, marking a pivotal milestone in accelerating India's compressed biogas (CBG) ecosystem. The collaboration aims to develop and scale a robust network of commercial CBG plants. The initial phase includes four CBG production facilities, with scope for additional plants as outlined in the Joint Venture Agreement. The business includes the production, sales, and distribution of CBG, along with value-accretive by-products such as fermented organic manure, biogenic CO2, and carbon credits. By combining TruAlt's integrated bioenergy expertise with Sumitomo Corporation's global industrial experience, the partnership strengthens India's clean energy transition, promotes circular bioeconomy solutions, and lays the foundation for a future-ready sustainable fuel infrastructure. In this regard, details as required under Regulation 30 of the SEBI LODR Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed as Annexure-A. The Joint Venture will facilitate large-scale adoption of clean energy solutions, reduction of carbon footprint, and promotion of a circular economy, in line with the Government of India's CBG and renewable energy policies. Under the proposed structure, the Company shall hold a 51% equity stake, and Sumitomo Corporation shall hold a 49% equity stake in the Joint Venture Company Viz. Trualt Gas Private Limited, ensuring that the Company retains management control in compliance with domestic regulatory requirements. Simultaneously, the Company has also signed a Share Purchase Agreement (SPA) with Sumitomo Corporation, Japan, Nirani Holdings Private Limited and Trualt Gas Private Limited wherein the Nirani Holdings. Private Limited shall transfer its entire 49% shares held in TGPL to Sumitomo Corporation on such terms and conditions as mentioned in the said agreement., Shareholding, if any, in the entity with whom the agreement is executed, The Company holds 51% shares of Joint Venture Company Viz. TruAlt's integrated bio energy expertise with Sumitomo Corporation' global industrial experience, the partnership strengthen India's clean energy transition, promote circular bioeconomy solutions,and lays the foundation for a future - sustainable fuel infrastructure.
2025-11-04
Sumitomo Corporation expected to report Q3 2026 results on January 30, 2026. This event was calculated by S&P Global (Created on November 4, 2025).
2025-11-03
On October 31, 2025, AiRato. Inc closed the transaction. The company has received ¥630 million in the transaction. As on the same date, the company has received ¥170 million in its second and final tranche. The tranche included participation from new investors, Mitsui Sumitomo Insurance Venture Capital Co., Ltd. and SMBC Venture Capital Co., Ltd. The company has received ¥750 million in funding till date.
2025-11-01
Sumitomo Corporation, ¥ 70.0, Cash Dividend, Mar-30-2026
2025-10-31
Sumitomo Corporation announced dividend for the second quarter-end of fiscal year ending March 31, 2026. For the second quarter-end, the company announced to pay cash dividend of JPY 70.00 per share compared to JPY 65.00 per share paid a year ago. Scheduled Starting Date of Dividend Payment: December 1, 2025.
2025-10-31
Sumitomo Corporation provided earnings guidance for the year ending March 31, 2026. For the period, the company expected profit for the year attributable to owners of the parent to be JPY 570,000 million and earnings per share attributable to owners of the parent to be JPY 471.75.
2025-10-29
Sumitomo Corporation (TSE:8053) proposed to acquire remaining 49.41% stake in SCSK Corporation (TSE:9719) for approximately ¥880 billion on October 29, 2025. Under the terms of the acquisition, A cash consideration valued at ¥5700 per share will be paid by Sumitomo Corporation. Upon completion, Sumitomo Corporation will own 100% stake in SCSK Corporation and a subsequent series of procedures aimed at delisting the shares of SCSK Corporation from Tokyo Stock Exchange. The transaction is subject to approval of offer by the shareholders of SCSK Corporation. The board of directors of SCSK Corporation has expressed an opinion in favor of the Tender Offer, recommending that the shareholders to tender their shares and leave the decision of whether or not to tender in the Tender Offer to the discretion of the holders of the Stock Acquisition Rights.
2025-10-29
Monoxer Inc. announced that it has received ¥1,850 million in a round of funding co-led by new investor, Sumitomo Corporation and returning investor, Global Brain Corporation on October 28, 2025. The transaction also included participation from new investors, Tokyu Construction Co., Ltd., Mitsui Chemicals, Inc., ANA Holdings Inc., returning investor, FIRSTLIGHT Capital Inc. The transaction was raised through third party allotment of new shares. The company has issued common stock in the transaction.
2025-10-25
Sumitomo Corporation (TSE:8053) acquired 49% stake in Mekong Electric Power Engineering And Development Joint Stock Company from GreenSpark Group on October 22, 2025. Sumitomo Corporation (TSE:8053) completed the acquisition of 49% stake in Mekong Electric Power Engineering And Development Joint Stock Company from GreenSpark Group on October 22, 2025.
2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 | 2024Q3 | 2024Q2 | 2024Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|
Total Revenues | 7,498,700 | 7,337,259 | 7,355,087 | 7,310,791 | 7,308,276 | 7,292,084 | 7,165,766 | 7,084,948 | 7,010,638 | 6,910,302 |
Pretax Income Excl.Unusual Items | 620,867 | 648,982 | 649,539 | 676,047 | 690,657 | 657,736 | 541,025 | 527,280 | 555,831 | 554,596 |
Total Assets | 13,445,775 | 13,638,338 | 12,999,197 | 11,976,572 | 11,558,384 | 11,631,161 | 12,081,261 | 10,795,959 | 11,538,307 | 11,032,583 |
Total Liabilities | 8,598,341 | 8,903,184 | 8,304,607 | 6,835,799 | 6,657,331 | 6,745,603 | 7,107,682 | 6,188,905 | 6,643,473 | 6,360,279 |
Cash & Cash Equivalents | 697,741 | 1,005,442 | 610,221 | 600,842 | 609,429 | 570,617 | 696,071 | 675,633 | 716,703 | 667,852 |
Total Common Equity | 4,735,296 | 4,628,555 | 4,551,078 | 4,884,174 | 4,661,654 | 4,648,462 | 4,695,126 | 4,360,814 | 4,651,746 | 4,445,494 |
Book Value Per Share (BVPS) | 999.25 | 970.22 | 950.6 | 1,014.81 | 963.14 | 960.42 | 970.08 | 901.01 | 961.38 | 909.52 |
Net Change in Cash | 88,312 | 434,825 | -85,850 | -73,691 | -107,274 | -97,235 | 61,083 | 18,372 | 6,889 | 10,993 |
Capital Expenditure | -106,644 | -105,910 | -103,252 | -101,072 | -99,140 | -102,799 | -110,714 | -108,589 | -104,014 | -93,380 |
On July 31, 2026, Sumitomo shared its financial results for the second quarter of 2026, with revenues of 1.95T yen and net income of 190.07B yen, indicating a growth of 9% in revenue, accompanied by a positive change of approximately 13.2% in EPS relative to the same quarter last year.
In addition, the EBITDA margin moderate decline from 8.61% in the corresponding quarter last year to 8.29%. Negatively, there is another notable figure. The quarterly free cash flow was 30.39B yen, which is a decrease of -66.09B yen over the same time last year. Even though the company's cash flow did not improve, the management returned a substantial amount of 152.72B yen to shareholders, of which 95.41B yen was paid as a dividend and 57.31B yen as a repurchase of Common Stock. It is important to note that the stock's dividend yield stands at approximately 2.2%, and it trades at 13.5x times current year's earnings, which is higher than the sector average (P/E 10.9x).