Frankfurt - Delayed Quote • EUR Sumitomo Corporation (SUMB.F) Follow Compare 19.60 +0.10 +(0.51%) At close: January 17 at 8:03:27 AM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations 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. 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. 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. 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. […] 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. Yinson Production finalises sale of 11.8% stake in FPSO Anna Nery The $49m (RM213.16m) private sale deal was announced in July 2020. 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 […] 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 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. 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 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. SSUMY or ITT: Which Is the Better Value Stock Right Now? SSUMY vs. ITT: Which Stock Is the Better Value Option? Is Sumitomo (SSUMY) Stock Outpacing Its Conglomerates Peers This Year? Here is how Sumitomo Corp. (SSUMY) and Vector Group (VGR) have performed compared to their sector so far this year. Sumitomo forms renewable energy JV in India with AMPIN Energy Transition With an investment of $712m, the new company marks Sumitomo's entry into the corporate PPA sector in India. Sumitomo (SSUMY) Upgraded to Buy: Here's Why Sumitomo (SSUMY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. Is Sumitomo (SSUMY) Stock Undervalued 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. SSUMY vs. ITT: Which Stock Is the Better Value Option? SSUMY vs. ITT: Which Stock Is the Better Value Option? Is Sumitomo (SSUMY) Outperforming Other Conglomerates Stocks This Year? Here is how Sumitomo Corp. (SSUMY) and Vector Group (VGR) have performed compared to their sector so far this year. Sumitomo acquires equity stake in EEW Offshore Wind The deal combines Sumitomo's expertise in the international steel market with EEW's focus on offshore wind energy infrastructure. 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. Performance Overview Trailing total returns as of 1/20/2025, which may include dividends or other distributions. Benchmark is Nikkei 225 Return SUMB.F Nikkei 225 YTD -3.92% -2.47% 1-Year +1.97% +8.19% 3-Year +76.75% +40.10%