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Sumitomo Corporation (住友商事, Sumitomo Shōji) TYO: 8053 is one of the largest worldwide trading companies Sogo shosha, and is a diversified corporation. Sumitomo is headquartered in the Harumi Island Triton Square Office Tower Y in Chūō, Tokyo, Japan.[1] Incorporated in 1919, it is a member company of the Sumitomo Group.

In 1996, the company disclosed a loss of 2.6 billion dollars, blaming unauthorized trades by its chief copper trader, Yasuo Hamanaka, over a period of more than ten years (see wikipedia:Sumitomo copper affair).

Today, the company is one of the top three Sogo shosha companies in the world.

Subsidiaries[]

  • Bluewell Insurance
  • Cantex
  • Clickstream Capital
  • Hartz Mountain Corporation
  • JSAT Corporation
  • Pacific Summit Energy
  • Presidio Venture Partners
  • The Seiyu, Ltd.
  • SKY Perfect Communications Inc.
  • Sumitomo Corporation Equity Asia Limited
  • SMBC Finance&Lease
  • Sumitomo Wiring Systems Ltd.
  • Summit Biotech
  • United Cinemas
  • Petro Summit Pte Ltd (Singapore)
  • TBC Corporation (Merchant Tire, NTB, Big O Tires)

Shareholders[]

  • Sumitomo Life Insurance Co.
  • Sumitomo Mitsui Banking Corporation
  • The Bank of Tokyo-Mitsubishi, Ltd.
  • The Sumitomo Trust and Banking Co., Ltd.
  • Japan Trustee Services Bank, Ltd.
  • Mitsui Sumitomo Insurance Co., Ltd.
  • NEC Corporation
  • The Mitsubishi Trust and Banking Corporation
  • The Dai-ichi Mutual Life Insurance Company
  • UFJ Trust Bank Limited

References[]

  1. "Corporate Profile." Sumitomo Corporation. Retrieved on January 26, 2009.

External links[]


Smallwikipedialogo This page uses some content from Wikipedia. The original article was at Sumitomo Corporation. The list of authors can be seen in the page history. As with Tractor & Construction Plant Wiki, the text of Wikipedia is available under the Creative Commons by Attribution License and/or GNU Free Documentation License. Please check page history for when the original article was copied to Wikia


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