Tokyo - Delayed Quote JPY

Sumitomo Corporation (8053.T)

3,288.00

+90.00

+(2.81%)

At close: 3:30:00 PM GMT+9

Sumitomo and SBI to acquire minority stakes in FPT’s AI unit

Sumitomo and SBI will each invest 20% in FPT Smart Cloud Japan, the entity managing FPT’s AI data centre operations in Japan.

Verdict 4 hours ago

8473.T

SSUMY
Should Value Investors Buy Sumitomo (SSUMY) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Zacks 14 days ago

SSUMY
bauma: Sumitomo and ABB ink MOU on mining equipment decarbonisation

The two companies are embarking on a collaborative journey aimed at decarbonising the mining industry, with a focus on fleet electrification.

Mining Technology 14 days ago

SSUMY
Berkshire Hathaway raises stake in these 5 Japanese trading houses

Berkshire Hathaway (BRK-B, BRK-A) has increased its stake in these five Japanese trading houses: Mitsubishi (8058.T), Marubeni (8002.T), Mitsui (8031.T), Sumitomo (8053.T), and Itochu shares (8001.T), all of which have outperformed the Nikkei 225 (^N225) in the last five year. Madison Mills and Bullseye American Ingenuity Fund portfolio manager Adam Johnson break down Warren Buffett's latest filings and what this investment could mean for Japanese equities. To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

Yahoo Finance Video last month

BRK-B

SSUMF

SSUMY
Japanese trading house stocks climb on Buffett's comments

Japanese trading house stocks gain as Berkshire Hathaway (BRK-B, BRK-A) Chairman and CEO Warren Buffett praises the firms for increasing dividends, conducting share buybacks, offering less aggressive executive pay packages compared to US companies, and their yen balance strategy. Berkshire Hathaway maintain holdings of Mitsubishi (8058.T), Marubeni (8002.T), Mitsui (8031.T), Sumitomo (8053.T), and Itochu shares (8001.T), all of which have outperformed the Nikkei 225 (^N225) in the last five year. Catch up on how Berkshire Hathaway has been adjusting its investment portfolio in recent months, including the firm's five biggest holdings. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan.

Yahoo Finance Video last month

BRK-B

MITSF

MITSY
Stardust Power seals long-term lithium deal with Sumitomo

The deal secures 20,000tpa of lithium carbonate from Stardust Power’s first production line in Oklahoma, US.

Mining Technology 2 months ago

SSUMY
Sumitomo invests in Evertrak to advance sustainable railroad infrastructure

Evertrak 7000, made from GFRP using recycled plastic, is designed to offer “unparalleled lifespan” of up to 50 years.

Railway Technology 2 months ago

SSUMY
Strategic Investment in Evertrak, a North American Composite Railroad Tie Manufacturer

Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief Executive Officer: Shingo Ueno), through its subsidiary Sumitomo Corporation of Americas (collectively referred to as the "Sumitomo Corporation Group"), has announced a strategic investment in Evertrak, a U.S.-based manufacturer of composite railroad ties (*1) for the North American railroad industry. This partnership aims to reduce environmental impacts and build a more sustainable railroad infras

PR Newswire 2 months ago

SSUMF

SSUMY
EC approves EEW Offshore Wind EU acquisition by EEW and Sumitomo

The European Commission's (EC) analysis concluded that the acquisition would not lead to competition concerns.

Power Technology 3 months ago

SSUMY
Victory Metals, Sumitomo sign offtake MOU for North Stanmore project in Australia

The agreement aims to establish a long-term offtake partnership between Victory and Sumitomo.

Mining Technology 4 months ago

SSUMY
Tivan secures $4.7m grant for Speewah Fluorite Project in Australia

The grant is part of a government initiative to boost key mineral projects and strengthen international supply chains.

Mining Technology 4 months ago

SSUMY
Japan, Korea Groups Will Build 2.4-GW Gas-Fired Power Plant in Qatar

Four major Japanese and Korean energy companies have jointly won the rights to build and operate a natural gas-fired power plant and a seawater desalination facility near Doha in Qatar. […]

POWER Magazine 4 months ago

SSUMY
Sumitomo resumes production at Madagascar's nickel project

TOKYO (Reuters) -Japanese trading house Sumitomo Corp said on Thursday it was slowly resuming production at the Ambatovy nickel and cobalt project in Madagascar after last month's pipeline issue and is reviewing future output volumes. Sumitomo has been struggling to stabilise production and improve profitability at the Ambatovy project, which launched in 2005. "Our priority for the Ambatovy is to normalize production by addressing operational issues," Chief Executive Shingo Ueno told a news conference.

Reuters 5 months ago

SSUMY
Yinson Production finalises sale of 11.8% stake in FPSO Anna Nery

The $49m (RM213.16m) private sale deal was announced in July 2020.

Offshore Technology 5 months ago

SSUMY

KAIKY
Sumitomo, CEP Solar Form JV for Renewable Energy in Virginia

Japan’s Sumitomo Corp and Perennial Power Holdings Inc., a subsidiary of Sumitomo Corp. of Americas, have set up a joint venture with Virginia-based CEP Solar LLC to deliver renewable energy […]

POWER Magazine 6 months ago

SSUMY
Forge Nano Receives $10M Investment from GM Ventures to Pursue GM Battery Material Enhancements for Future Electric Vehicles

Capital investment into Forge Nano now exceeds $100M; GM joins VW, LG, Hanwha and Mitsui Kinzoku as shareholdersGM plans to utilize Forge Nano’s Atomic Armor surface engineering platform technology to pursue battery cathode material enhancements DENVER, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Forge Nano, Inc., a materials science company that uses its Atomic Armor™ Atomic Layer Deposition technology to optimize material performance to enable better products, today announced a $10M investment from GM V

GlobeNewswire 6 months ago

AIQUF

AIQUY

MMSMY
Sumitomo and CEP Solar JV to develop 1.5GW renewable projects in US

The partnership is set to initiate multiple clean energy projects simultaneously across the state of Virginia.

Power Technology 6 months ago

SSUMY
Sumitomo Corporation Group Establishes Joint Venture to Develop Renewable Energy Projects in Virginia; Expanding Over 1.5 GW of Solar Power Projects in a Key IT Infrastructure Hub and Data Center Cluster

Sumitomo Corporation (Head Office: Chiyoda-ku); Representative Director, President and Chief Executive Officer: Shingo Ueno), through Sumitomo Corporation of Americas (hereinafter referred to as "SCOA") and Perennial Power Holdings, Inc. (hereinafter, Perennial), a subsidiary of SCOA (collectively "SC Group") announced today that it has formed a joint venture with CEP Solar, LLC (Head Office: Richmond, Virginia; Co-Founders: Tyson Utt and Richard Wright; hereinafter, "CEP"), to deliver clean ene

PR Newswire 6 months ago

SSUMF

SSUMY
Are Investors Undervaluing Sumitomo (SSUMY) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Zacks 6 months ago

SSUMY
SSUMY or ITT: Which Is the Better Value Stock Right Now?

SSUMY vs. ITT: Which Stock Is the Better Value Option?

Zacks 6 months ago

SSUMY

Performance Overview

Return	8053.T	Nikkei 225 (^N225)
YTD	-2.35%	-14.22%
1-Year	-9.71%	-8.60%
3-Year	+79.90%	+26.25%

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Sumitomo Corporation (8053.T)

Sumitomo and SBI to acquire minority stakes in FPT’s AI unit

Should Value Investors Buy Sumitomo (SSUMY) Stock?

bauma: Sumitomo and ABB ink MOU on mining equipment decarbonisation

Berkshire Hathaway raises stake in these 5 Japanese trading houses

Japanese trading house stocks climb on Buffett's comments

Stardust Power seals long-term lithium deal with Sumitomo

Sumitomo invests in Evertrak to advance sustainable railroad infrastructure

Strategic Investment in Evertrak, a North American Composite Railroad Tie Manufacturer

EC approves EEW Offshore Wind EU acquisition by EEW and Sumitomo

Victory Metals, Sumitomo sign offtake MOU for North Stanmore project in Australia

Tivan secures $4.7m grant for Speewah Fluorite Project in Australia

Japan, Korea Groups Will Build 2.4-GW Gas-Fired Power Plant in Qatar

Sumitomo resumes production at Madagascar's nickel project

Yinson Production finalises sale of 11.8% stake in FPSO Anna Nery

Sumitomo, CEP Solar Form JV for Renewable Energy in Virginia

Forge Nano Receives $10M Investment from GM Ventures to Pursue GM Battery Material Enhancements for Future Electric Vehicles

Sumitomo and CEP Solar JV to develop 1.5GW renewable projects in US

Sumitomo Corporation Group Establishes Joint Venture to Develop Renewable Energy Projects in Virginia; Expanding Over 1.5 GW of Solar Power Projects in a Key IT Infrastructure Hub and Data Center Cluster

Are Investors Undervaluing Sumitomo (SSUMY) Right Now?

SSUMY or ITT: Which Is the Better Value Stock Right Now?

Performance Overview

News

Life

Entertainment

Finance

Sports

New on Yahoo

Sumitomo Corporation (8053.T)

Sumitomo and SBI to acquire minority stakes in FPT’s AI unit

Should Value Investors Buy Sumitomo (SSUMY) Stock?

bauma: Sumitomo and ABB ink MOU on mining equipment decarbonisation

Berkshire Hathaway raises stake in these 5 Japanese trading houses

Japanese trading house stocks climb on Buffett's comments

Stardust Power seals long-term lithium deal with Sumitomo

Sumitomo invests in Evertrak to advance sustainable railroad infrastructure

Strategic Investment in Evertrak, a North American Composite Railroad Tie Manufacturer

EC approves EEW Offshore Wind EU acquisition by EEW and Sumitomo

Victory Metals, Sumitomo sign offtake MOU for North Stanmore project in Australia

Tivan secures $4.7m grant for Speewah Fluorite Project in Australia

Japan, Korea Groups Will Build 2.4-GW Gas-Fired Power Plant in Qatar

Sumitomo resumes production at Madagascar's nickel project

Yinson Production finalises sale of 11.8% stake in FPSO Anna Nery

Sumitomo, CEP Solar Form JV for Renewable Energy in Virginia

Forge Nano Receives $10M Investment from GM Ventures to Pursue GM Battery Material Enhancements for Future Electric Vehicles

Sumitomo and CEP Solar JV to develop 1.5GW renewable projects in US

Sumitomo Corporation Group Establishes Joint Venture to Develop Renewable Energy Projects in Virginia; Expanding Over 1.5 GW of Solar Power Projects in a Key IT Infrastructure Hub and Data Center Cluster

Are Investors Undervaluing Sumitomo (SSUMY) Right Now?

SSUMY or ITT: Which Is the Better Value Stock Right Now?

bauma: Sumitomo and ABB ink MOU on mining equipment decarbonisation