Sumitomo Corporation

Not to be confused with Sumitomo keiretsu.

Sumitomo Corporation (住友商事, Sumitomo Shōji) TYO: 8053 is one of the largest worldwide trading company (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 Sumitomo copper affair).

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

Contents

Subsidiaries

Shareholders

References

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

External links

Trading

TOPIX 100 companies of Japan
Core 30
Large 70