Sumitomo Corporation
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Sumitomo Corporation (住友商事) is a diversified corporation based in Tokyo, Japan. It is a member company of the Sumitomo Group
Sumitomo was founded in Kyoto in the 1600s by bookseller and chemist Masatomo Sumitomo. Its main industry through most of the Edo era was copper mining, a business started by Sumitomo's brother-in-law Riemon Soga. The company was incorporated in 1919. In June 1996, the company reported a loss of over one billion dollars after it was discovered that trading in coppers futures market had not been profitable for over 10 years
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Subsidiaries
- Bluewell Insurance
- Cantex
- Clickstream Capital
- JSAT
- NEC Corporation
- Presidio Venture Partners
- The Seiyu, Ltd.
- Sky Perfect Communications
- Sumitomo Mitsui Banking Corporation
- Summit Biotech
- Summit Energy
- United Cinemas
Shareholders
- Sumitomo Life Insurance Co.
- Sumitomo Mitsui Banking Corporation
- The Bank of Tokyo-Mitsubishi, Ltd.
- The Sumitomo Trust and Banking Co., Ltd.
- Japan Trustee Services Bank, Ltd.
- Mitsui Sumitomo Insurance Co., Ltd.
- NEC Corporation
- The Mitsubishi Trust and Banking Corporation
- The Dai-ichi Mutual Life Insurance Company
- UFJ Trust Bank Limited
External links
- Sumitomo Corporation (http://www.sumitomocorp.co.jp/english/)
- Sumitomo Corporation of America (http://www.sumitomocorp.com/)
- Sumitomo Corporation Europe (http://www.sumitomocorpeurope.com/)
Trading
- CFTC - Sumitomo's Copper Trader's Arrangements (http://www.cftc.gov/ogc/oporders98/ogcfsumitomo.htm)ja:住友商事