Sumitomo Corp.

History

YearDetail
1919 Sumitomo Corp. is founded as The Osaka North Harbour Co. Ltd.
1944 It merges with The Sumitomo Building Co., Ltd.
1950 Sumitomo Corp. establishes a U.S. subsidiary in New York.
1962 The company consolidates all businesses and adopts a product division structure, establishing nine product divisions.
1970 Sumitomo Corp. merges with Sogo Boeki Co. Ltd.
1994 Sumitomo Corp. promotes globalization efforts.
1998 The Corporate Mission Statement is established.
2001 The Head Office is relocated to Chuo-ku, Tokyo.
2013 The company introduces the Broad Regional Management System.
2021 Sumitomo Corp. forms the Energy Innovation Initiatives.