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Process Industries

Sumitomo Corp.

Business Summary

Sumitomo Corp. engages in the business of trading services. It operates through the following segments: Metal Products, Transportation & Construction Systems, Infrastructure, Media & Digital, Living Related & Real Estate, and Mineral Resources, Energy, Chemical & Electronics. The Metal Products segment handles the trade of metal products, including steel sheets, tubular products, and other products, as well as non-ferrous metals such as aluminum and titanium. The Transportation & Construction Systems segment deals with the automobile, ship, aircraft, rail, other transportation equipment, and construction equipment businesses. The Infrastructure segment includes the social infrastructure, global power infrastructure, and logistics infrastructure businesses. The Media & Digital segment handles the digital, media, and smart communications platform businesses. The Living Related & Real Estate segment manages the lifestyle and retail, food and agriculture, materials, supplies, and real estate businesses. The Mineral Resources, Energy, Chemical & Electronics segment develops businesses in mineral resources, energy, basic chemicals and electronics, and life sciences. The company was founded on December 24, 1919 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue5,539.78B49,298.28M
Gross Profit1,037.08B9,228.93M
Operating income340,427M3,029.44M
Income before tax413,188M3,676.94M
Net income463,694M4,126.39M
EBITDA510,790M4,545.50M
Diluted EPS370.523.29
Dividends Per Share1100.97
Total Assets9,582.16B78,946.78M
Total liabilities6,200.88B51,088.62M
Total equity3,197.81B26,346.58M
Operating cash flow194,066M1,726.98M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 4,827.32B 5,301.61B 5,267.31B 4,635.59B 5,539.78B
Gross Profit 937,320M 867,986M 820,903M 700,640M 1,037.08B
Operating income 224,857M 238,018M 163,730M 41,061M 340,427M
Income before tax 412,295M 404,017M 251,922M -52,848M 413,188M
Net income 308,521M 320,523M 171,359M -153,067M 463,694M
EBITDA 343,764M 349,856M 329,070M 211,967M 510,790M
Diluted EPS 246.91 256.40 137.03 -122.46 370.52
Dividends Per Share 62 75 80 70 110
Total Assets 7,770.63B 7,916.52B 8,128.59B 8,079.98B 9,582.16B
Total liabilities 5,076.31B 5,010.32B 5,436.00B 5,384.43B 6,200.88B
Total equity 2,558.16B 2,771.48B 2,544.13B 2,527.95B 3,197.81B
Operating cash flow 295,264M 268,883M 326,618M 467,097M 194,066M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 43,555.15M 47,807.67M 48,445.83M 43,708.34M 49,298.28M
Gross Profit 8,457.09M 7,827.12M 7,550.21M 6,606.23M 9,228.93M
Operating income 2,028.80M 2,146.34M 1,505.89M 387.15M 3,029.44M
Income before tax 3,719.98M 3,643.25M 2,317.04M -498.29M 3,676.94M
Net income 2,783.67M 2,890.33M 1,576.06M -1,443.24M 4,126.39M
EBITDA 3,101.65M 3,154.84M 3,026.60M 1,998.60M 4,545.50M
Diluted EPS 2.22 2.31 1.26 -1.15 3.29
Dividends Per Share 0.55 0.67 0.73 0.66 0.97
Total Assets 73,066.57M 71,523.00M 75,296.14M 73,122.03M 78,946.78M
Total liabilities 47,732.11M 45,266.51M 50,354.39M 48,727.91M 51,088.62M
Total equity 24,054.15M 25,039.37M 23,566.60M 22,877.38M 26,346.58M
Operating cash flow 2,664.05M 2,424.67M 3,004.05M 4,404.18M 1,726.98M

Valuation Measures

Mar 2022
PER5.71
ROA5.25%
ROE16.19%
Operating margin6.14%
Profit margin8.37%

Key executives

  • Executive President, CEO & Representative Director: Masayuki Hyodo
  • CFO, Representative Director & Head-Accounting: Masaru Shiomi
  • Representative Director & Chief Strategy Officer: Hirokazu Higashino
  • Representative Director & Chief Compliance Officer: Takayuki Seishima
  • Executive Vice President & Head-Metal Products: Shingo Ueno

Shareholders

  • Berkshire Hathaway, Inc. (Investment Management) (5.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.3%)
  • Nomura Asset Management Co., Ltd. (4.2%)
  • BlackRock Fund Advisors (3.1%)
  • Sumitomo Life Insurance Co. (2.4%)
  • The Vanguard Group, Inc. (2.3%)
  • Nikko Asset Management Co., Ltd. (1.9%)
  • Daiwa Asset Management Co. Ltd. (1.9%)
  • Silchester International Investors LLP (1.4%)
  • BlackRock Japan Co., Ltd. (1.4%)

Contact Details

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  • Sumitomo Corp. /Washoe County Solar Project/
  • Summit Energy Corp. (Japan)
  • Summit Mining International, Inc.
  • Sumitomo Corp Restricted Stock Compensation Plan
  • Spectr-Agro LLC
  • Summit Water Middle East Co.
  • Toyota Ly Thuong Kiet Co. Ltd.
  • Sumisho Building Materials Co., Ltd.
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  • SC-ABeam Automotive Consulting KK
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Competitors

  • Berkshire Hathaway Inc. Class B
  • Hoa Sen Group
  • Grupo Carso SAB de CV Class A1
  • MRC Global Inc.
  • Northern Dynasty Minerals Ltd.
  • Dole Plc
  • Sky Metals Limited
  • Qurate Retail, Inc. Class A
  • KG Chemical Corporation
  • Orsero SpA
  • Monro Inc
  • Osisko Metals Incorporated
  • Asiamet Resources Limited
  • Adriatic Metals Plc Shs Chess Deposit Interests Repr 1 Sh
  • FIT Holding Co., Ltd.
  • Apex Dynamics, Inc.
  • Aptiv PLC
  • Broadcom Inc.
  • Career Technology (MFG.) Co., Ltd
  • GrafTech International Ltd.
  • Hastings Technology Metals Limited
  • Jervois Global Limited
  • Lear Corporation
  • Lumax International Corp. Ltd.
  • Luxnet Corporation
  • Marketech International Corp.
  • Marrone Bio Innovations, Inc.
  • Nickel Industries Limited
  • PCL Technologies, Inc.
  • TMK PAO
Last Updated on 1 Jul, 2022

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