Sumitomo Corp.

Company Snapshot

Founded: 1919
Entity Type: Public
Employees: 81,288
Region: Japan
Revenue: $45,764.0 Millions
Revenue Year: 2023
Segment: Metal Products
Headquarter: Tokyo, Japan
Key Geographics: Japan, Asia & Oceania, East Asia, CIS, Europe, North, Central & South America, Middle East & Africa
Corporate Address: OTEMACHI PLACE EAST TOWER 3-2 Otemachi 2-Chome, Chiyoda-ku, Tokyo 100-8601 Japan Tel. +81-3-6285-5000 www.sumitomocorp.com

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 81,288 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 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
Operating Income: ***

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Sumitomo Corp. In Reports

Hydraulic Pumps and Motors: Global Markets

BCC Research Market Report says global market for hydraulic pumps and motors was valued at $18.0 billion in 2022. The market is estimated to grow from $18.8 billion in 2023 to reach $22.9 billion by 2028.

Hydrogen Fuel Cell: Global Markets

BCC Research Market Report for hydrogen fuel cells reached $6.6 billion in 2021. The market should grow from $7.5 billion in 2022 to $19.5 billion by 2027, at a CAGR of 21.0%

Solid Oxide Fuel Cells: Technologies and Global Markets

BCC Research Market Report for solid oxide fuel cell market should reach $2.3 billion by 2026 from $1.3 billion in 2021 at a compound annual growth rate (CAGR) of 12.5%

Company's Business Segments

  • Metal Products : The Metal Products Business Unit is engaged in the trade of Metal products, including Steel sheets, Tubular products, and Railway products. The business unit offers unique service features in response to domestic and international customer needs while building a strong value chain along each product line.
  • Transportation and Construction Systems : The Transportation and Construction Systems Business Unit is engaged in businesses in Transportation systems, including Ships, Aircraft, Automobiles, Construction and mining equipment.
  • Infrastructure : The Infrastructure Business Unit is engaged in a Global infrastructure business that meets national, regional, social needs in the social, power, and logistics fields.
  • Media and Digital : The Media and Digital Business Unit is engaged in businesses in the Media, Digital business, and Smart communications platforms.
  • Living Related and Real Estate : The Living Related and Real Estate Business Unit is engaged in Retail, Food, Healthcare, Construction materials, and Real estate businesses.
  • Mineral Resources, Energy, Chemical and Electronics : The Mineral Resources, Energy, Chemical & Electronics Business Unit is engaged in businesses in Mineral resources, Energy, Basic chemicals, Electronics, and Life sciences.

Applications/End User Industries

  • Transportation Systems
  • Construction Systems
  • Infrastructure
  • Media
  • Digital Media
  • Real Estate
  • Residential Real Estate
  • Mineral Resources
  • Energy
  • Chemical
  • Electronics
  • Metal
  • Automobiles and Aircraft
  • Mining Equipment
  • Logistics Field