sumitomo corp
(8053:Tokyo Stock Exchange)
sumitomo corp (8053) Snapshot
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Related News
sumitomo corp (8053) Related Businessweek News
sumitomo corp (8053) Details
Sumitomo Corporation engages in trading goods and commodities worldwide. Its Metal Products segment trades in steel products and non-ferrous metals. The company’s Transportation and Construction Systems segment offers products and services related to ship, aerospace equipment, railway and other transportation systems, automobiles, motorcycles, construction and mining equipment, forest machines, and industrial vehicles. This segment’s activities range from trading, leasing, and financing to designing and arranging the construction of public transportation systems. Its Infrastructure segment engages in the development of infrastructure projects; supplying manufacturing equipment and systems, and electric power projects for various industries; and trading and investing in the businesses of telecommunications facilities and renewable energy. The company’s Media, Network, and Lifestyle Retail segment engages in cable TV, program production and distribution, movie, IT, telecommunications, cell-phone, Internet, retail, mail order, and fashion businesses. Its Mineral Resources, Energy, Chemical, and Electronics segment engages in the development and trade of mineral and energy resources; and trade of petroleum products, liquefied petroleum gas, storage batteries, carbon products, plastics, organic and inorganic chemicals, silicon wafers, LEDs, pharmaceuticals, agricultural chemicals, household insecticides, and pet supplies, as well as provides electronics manufacturing services. The company’s General Products and Real Estate segment engages in manufacturing, processing, marketing, selling, and distributing food, foodstuffs, fertilizers, cement, timber, building materials, paper pulp, used paper, and tires. This segment also engages in real estate activities. The company’s New Industry Development and Cross-Function segment engages in energy, finance, logistics, insurance, and industrial park businesses. The company was founded in 1919 and is headquartered in Tokyo, Japan.
sumitomo corp (8053) Key Developments
Sumitomo Corporation announced that the company is entering into a distributor agreement of CloudTV™ H5 with ActiveVideo, prior to NCTA's The Cable Show 2013 held from June 10 in Washington, D.C., the United States. The cable TV industry is exposed to intense competition, as major telecommunication operators and Over The Top (OTT) distributors have entered the pay TV market. Under such competitive environment, cable TV operators are providing some ideas for improving user experience and creating new revenue sources to counter to the advanced services that competitors offer. However, because of the functional limitation of the Set Top Box installed in each home, cable TV operators cannot be fully offering all the services which they consider.
Sumitomo Corporation Presents at Nomura Asia Equity Forum, Jun-10-2013 . Venue: The Ritz-Carlton, Millenia Singapore, 7 Raffles Avenue, Singapore 039799, Singapore.
Sumitomo Corporation, 2013 Earnings Call, May 09, 2013

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| 8053:JP | ¥1,255.00 JPY | +64.00 | |
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Industry Analysis
8053
Industry Average
| Valuation | 8053 | Industry Range |
| Price/Earnings | 6.7x |
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| Price/Sales | 0.5x |
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| Price/Book | 0.8x |
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| Price/Cash Flow | 6.7x |
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| TEV/Sales | NM | Not Meaningful |
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To contact SUMITOMO CORP, please visit www.sumitomocorp.co.jp. Company data is provided by Capital IQ. Please use this form to report any data issues.
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