- JP-listed companies
- SUMITOMO CORPORATION
SUMITOMO CORPORATION (8053) Stock Price
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Business Overview
Sumitomo Corporation operates diverse business segments on a global scale. Below are its main business segments and their operations.
**Steel Segment** handles domestic and international trading, processing, and related operations of steel products such as steel pipes and steel materials. Key affiliated companies include Sumitomo Corporation Global Metals, Eryngium, and Edgen Group.
**Automotive Segment** manufactures, sells, and leases automobiles and tires, while also providing related services. Major affiliated companies are Sumitomo Corporation Power & Mobility, Sumitomo Mitsui Auto Service, and TBC Holdings.
**Transportation Equipment & Construction Machinery Segment** operates leasing and financing businesses, as well as aircraft, marine, and construction machinery operations. Affiliated companies include Sumitomo Precision Industries, SMS Construction And Mining Systems, and Sumitomo Mitsui Finance & Leasing.
**Urban Development Segment** develops and operates real estate, industrial parks, and sustainable cities, while also manufacturing and selling construction materials. Related companies include Sumitomo Corporation Machinery, Sumisho Global Logistics, and Aiji Industries.
**Media & Digital Segment** operates digital solutions, information infrastructure, 5G businesses, cable television, television shopping, and video content-related operations. Affiliated companies include SCSK, JCOM, and Jupiter Shop Channel.
**Lifestyle Segment** operates food supermarkets and brand retail businesses, trades in food and food ingredients, and provides healthcare services. Key affiliated companies are Summit, Tomod's, and Fyffes International.
**Resources Segment** develops, operates, and produces metal resources, manufactures and sells products, and utilizes commodity derivatives. Related companies include Sumisho Coal Australia Holdings, SC Quebrada Blanca, and Oresteel Investments.
**Chemicals, Electronics & Agriculture Segment** engages in chemical trading and manufacturing, electronic materials trading, pharmaceutical-related operations, and agricultural materials sales. Affiliated companies include Sumitomo Corporation Chemical, Sumitronics, and Sumi Agro Europe.
**Energy Transformation Segment** operates power generation, electricity retail, and natural gas and LNG development, production, and sales businesses domestically and internationally. Key affiliated companies are Summit Energy, Central Java Power, and Pacific Summit Energy.
Through these diverse business operations, Sumitomo Corporation pursues global business expansion and meets the varied needs of its customers.
Management Policy
Sumitomo Corporation has positioned "No.1 Business Groups" as the theme of its Medium-Term Management Plan 2026, aiming to sharpen competitive advantages and drive growth through solving social challenges. The plan emphasizes "growth centered on core strengths" and "strengthening growth drivers," while accelerating business portfolio transformation.
In fiscal year 2024, Sumitomo Corporation achieved profit growth exceeding plan targets despite an uncertain business environment marked by political instability and heightened geopolitical tensions. The company invested 730 billion yen in major growth areas and advanced business portfolio renewal.
Sumitomo Corporation is expanding its earnings base in leasing, urban development, and digital fields, while enlarging synergies through restructuring complementary businesses. The company is also advancing initiatives to unlock the capabilities and potential of diverse talent and focusing on developing management personnel.
Sumitomo Corporation targets a total shareholder return ratio of 40% or higher as its shareholder return policy, aiming to improve dividend stability. For fiscal year 2025, the company plans an annual dividend of 140 yen per share, representing a 10 yen increase from the previous period.