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Sumitomo Corporation (SSUMY)

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14.44+0.29 (+2.05%)
At close: 03:46PM EDT

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
IndustryConglomerates
Full-time employees74,920

Key executives

NameTitlePayExercisedYear born
Mr. Kuniharu NakamuraExec. Chairman of Directors925.34kN/A1950
Mr. Masayuki HyodoPres, CEO & Representative DirectorN/AN/A1959
Reiji MorookaSr. Managing Exec. Officer & CFON/AN/A1961
Yasuhiro YoshidaAssistant CFO & GM of Accounting Controlling DepartmentN/AN/AN/A
Hirokazu HigashinoManaging Exec. Officer, Chief Strategy Officer & Chief Information OfficerN/AN/AN/A
Mr. Takayuki SeishimaSr. Managing Exe. Officer, Chief Admin. Officer, Chief Compliance Officer & Rep. DirectorN/AN/A1962
Tatsuro TamuraCorp. Officer and Gen. Mang. of Investor Relations DepartmentN/AN/AN/A
Masahiro YamaneGen. Mang. of Investor Relations DepartmentN/AN/AN/A
Aki TomitaCorp. Officer, Gen. Mang. of Legal Compliance DepartmentN/AN/AN/A
Koji AsoExe. Officer, Assistant CSO, IR, Corp. Comm. & Sustainability and GM of Corp. Sustainability Dept.N/AN/AN/A
Amounts are as of 31 December 2017, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Sumitomo Corporation imports, exports, and sells various goods and commodities worldwide. The company's Metal Products segment offers steel sheets and tubular products; and non-ferrous metals, such as aluminum and titanium. Its Transportation & Construction Systems segment manufactures, sells, services, leases, and finances ships, aircrafts, motor vehicles, construction equipment, and related components and parts. The company's Infrastructure segment provides power generation; power plant engineering, procurement, and construction services; retails electricity; and offers delivery, customs clearance, transportation, and insurance services. It also engages in the development and operation of industrial parks; and industrial facilities and equipment, water, transportation systems and infrastructure, airports, smart city project, environmental solutions, and storage battery businesses. Its Media & Digital segment engages in the cable television, 5G related technologies, multi-channel programming distribution, movies, digital media-related, video content-related, TV shopping, e-commerce, ICT platform, digital solution, corporate venture capital, cell phones, and smart communications platform businesses, as well as provision of value-added services. The company's Living Related & Real Estate segment operates food supermarkets and drugstore chains; offers vegetables, fruits, and meats; and trades in cement, wood, building materials, and biomass, as well as buildings, retail facilities, residences, logistics facilities, and real estate funds. Its Mineral Resources, Energy, Chemical & Electronics segment develops and trades in mineral and energy resources, commodity derivatives, liquefied petroleum gas, battery, carbon products, plastics, organic and inorganic chemicals, silicon wafers, LEDs, pharmaceuticals, agricultural chemicals, household insecticide, fertilizers, and veterinary drugs. Sumitomo Corporation was incorporated in 1919 and is headquartered in Tokyo, Japan.

Corporate governance

Sumitomo Corporation’s ISS governance QualityScore as of 1 May 2022 is 1. 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 10 indicates higher governance risk.