Sumitomo Corporation

Equities

8053

JP3404600003

Diversified Industrial Goods Wholesale

Market Closed - Japan Exchange 07:32:16 05/06/2024 BST 5-day change 1st Jan Change
3,991 JPY -1.92% Intraday chart for Sumitomo Corporation -1.41% +29.75%
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Sumitomo aims to install 500 MW battery storage in Japan by early 2031 RE
Elliott rebuilds stake in SoftBank and pushes for $15 bln buyback, FT reports RE
Duskin's Repurchases 239 Million Yen worth of Shares in May MT
Sumitomo Buys Back Over 23 Billion Yen Worth of Shares in May MT
Irish court case on Russia jet insurance claims to begin on June 11 RE
Iws Fleet As announced that it expects to receive ?60 million in funding from Sumitomo Corporation CI
Sumitomo Enters Carbon-Capture JV in Canada DJ
Reconciliation Energy Transition Inc. and Sumitomo Corporation Group Sign Joint Development Agreement for RETI East Calgary Region CTS Hub Project CI
Infrastructure firm I Squared to invest $5 bln in Asia over next three years, executive says RE
Sumitomo Makes Correction on Consolidated Financial Results Fiscal 2023 MT
Hankyu Corporation and Japan International Cooperation Agency agreed to acquire an unknown stake in Light Rail Manila Corporation from Sumitomo Corporation. CI
Careclinics Healthcare Services Sdn. Bhd. announced that it has received funding from Sumitomo Corporation CI
Sumitomo Plans to Repurchase and Cancel up to 50 Billion Yen Worth of Shares MT
Sumitomo's Profit Declines 31.7% in Fiscal 2023; Books Impairment Loss of 89 Billion Yen in Final Quarter MT
InterContinental Hotels makes first-quarter progress AN
Sumitomo Corporation Announces Year-End Cash Dividend for the Year Ended March 31, 2024, Payable on June 24, 2024; Provides Second Quarter-End and Year-End Cash Dividend Guidance for the Year Ending March 31, 2025 CI
Sumitomo Corporation Provides Earnings Guidance for the Year Ending March 31, 2025 CI
Sumitomo Corporation announces an Equity Buyback for 19,000,000 shares, representing 1.55% for ¥50,000 million. CI
Sumitomo Corporation authorizes a Buyback Plan. CI
Japan's Nikkei tracks Wall Street higher; Fed policy meeting in focus RE
Japan's Nikkei tracks Wall Street higher; Fed policy meeting in focus RE
Activist investor Elliott buys stake in Japan's Sumitomo, source says RE
Sumitomo Corporation, Sumitomo Mitsui Finance and Leasing Co., Ltd. and Gogoro Inc. to Explore First of Its Kind Partnership to Accelerate Gogoro's Global Business Expansion CI
Elliott has built 'large' stake in Sumitomo, Bloomberg reports RE
ELLIOTT SAID TO BUILD 'LARGE' STAKE IN BUFFETT-FAVORED SUMITOMO… RE
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Sumitomo Corporation is a diversified group organized around 7 areas of activity: - retail distribution of consumer goods (24.4% of net sales): food products, apparel and accessories, pharmaceuticals, building materials, household and decorative items, etc. The group is also developing a real estate business; - trading of hydrocarbon, mining, chemicals and electronics products (24%): oil, natural gas, copper, gold, silver, zinc, lead, nickel, coal, iron ore, resins, pesticides, petrochemical products, etc.; - trading of steel products and non ferrous metals (20%): flat and long steel products, tubular products, aluminum products, titanium, etc.; - distribution of transportation and construction systems and equipments (15.1%): spatial equipments, landing fields, forest machines, motorcycles, mining operating vehicles, etc.; - telecommunications and multimedia products and services supplies (8.8%): TV wiring, data communication solutions, film distribution services, mobile telephony, Internet access and computing services; - development and implementation of civil engineering infrastructures (7.6%): power plants, wastewater treatment units, industrial plants, telecommunications centers, etc. The group is also providing logistics services; - other (0.1%).
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Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
4,069 JPY
Average target price
4,176 JPY
Spread / Average Target
+2.63%
Consensus
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