Sumitomo Corporation (8053.T)

2,341.00 +47.50 (+2.07%) At close: 03:15PM JST

Sumitomo Corporation

Otemachi Place East Tower
3-2 Otemachi 2-Chome Chiyoda-ku
Tokyo 100-8601
Japan
81 3 6285 5000
https://www.sumitomocorp.com

Sector(s): Industrials
Industry: Conglomerates
Full Time Employees: 

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Kuniharu Nakamura	Exec. Chairman of Directors	119M	N/A	1950
Mr. Masayuki Hyodo	Pres, CEO & Representative Director	N/A	N/A	1959
Mr. Reiji Morooka	Sr. Managing Exec. Officer, CFO & Representative Director	N/A	N/A	1961
Yasuhiro Yoshida	Assistant CFO & GM of Accounting Controlling Department	N/A	N/A	N/A
Mr. Hirokazu Higashino	Managing Exec. Officer, Chief Strategy Officer, Chief Information Officer & Representative Director	N/A	N/A	1963
Mr. Takayuki Seishima	Sr. Managing Exe. Officer, Chief Admin. Officer, Chief Compliance Officer & Rep. Director	N/A	N/A	1962
Yoshinori Takayama	Corp. Officer & GM of Investor Relations Dept.	N/A	N/A	N/A
Koji Aso	Exe. Officer, Assistant CSO, IR, Corp. Comm. & Sustainability and GM of Corp. Sustainability Dept.	N/A	N/A	N/A
Shinji Nakano	Managing Exec. Officer, Assistant CAO, Sec. & HR	N/A	N/A	N/A
Mr. Toshikazu Nambu	Exec. VP, Chief Digital Officer & Representative Director	N/A	N/A	1959

Amounts are as of December 31, 2017 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in JPY.

Description

Sumitomo Corporation engages in general trading business worldwide. It operates through six segments: Metal Products; Transportation & Construction Systems; Infrastructure; Media & Digital; Living Related & Real Estate; and Mineral Resources, Energy, Chemical & Electronics. The company provides steel sheets and tubular products; and manufactures, leases, sells, services, and finances ships, aircrafts, motor vehicles, construction equipment, and components and parts. It is also involved in the development of renewable energy projects comprising power generation and power plant engineering, procurement, and construction activities; electricity retail; industrial facilities and equipment, water, transportation systems and infrastructure, airports, smart city project, environmental solutions, and storage battery businesses; development and operation of industrial parks; arranging insurance; and provision of logistics services. In addition, the company engages in the cable television, 5G related technologies, programming distribution, movies, digital media and video content, TV shopping, and e-commerce businesses; cell phone, ICT platform, digital solution, and venture capital businesses; provision of smart communications infrastructure; operation of food supermarkets and drugstore chains; trade of cement and building materials; and real estate businesses. Further, it develops and trades in coal, iron ore, manganese, uranium, non-ferrous and precious metals, petroleum, natural gas and liquefied natural gas, and commodity derivative transactions; trades in non-ferrous metal products, liquefied petroleum gas, storage batteries, carbon products, plastics, organic and inorganic chemicals, silicon wafers, LEDs, pharmaceuticals, agricultural chemicals, household insecticides, fertilizers, and veterinary drugs; engages in the investing activities; and provides electronics manufacturing services. The company was incorporated in 1919 and is headquartered in Tokyo, Japan.

Corporate Governance

Sumitomo Corporation’s ISS Governance QualityScore as of March 30, 2023 is 2. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.