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Sumitomo Corp (8053.T)

8053.T on Tokyo Stock Exchange

1,914JPY
20 Apr 2018
Change (% chg)

¥32 (+1.73%)
Prev Close
¥1,882
Open
¥1,885
Day's High
¥1,918
Day's Low
¥1,885
Volume
3,984,400
Avg. Vol
4,083,557
52-wk High
¥2,044
52-wk Low
¥1,398

Latest Key Developments (Source: Significant Developments)

Sumitomo to transfer business to unit Sumitomo Shoji Chemicals
Friday, 22 Dec 2017 03:42am EST 

Dec 22 (Reuters) - Sumitomo Corp <8053.T> ::Says it plans to transfer its synthetic resin relevant business to its wholly owned subsidiary Sumitomo Shoji Chemicals, effective on April 1, 2018.  Full Article

Sumitomo says change of chairman, president and CEO
Friday, 22 Dec 2017 12:17am EST 

Dec 22 (Reuters) - Sumitomo Corp <8053.T> ::Says it appoints current president and CEO Kuniharu Nakamura as new chairman, to succeed Kazuo Ohmori.It appoints Masayuki Hyodo as new president and CEO .Changes will be effective on April 1, 2018.  Full Article

Sumitomo Corp Says Made Investment In Rivian
Tuesday, 12 Dec 2017 09:15am EST 

Dec 12 (Reuters) - Sumitomo Corp <8053.T>::SUMITOMO CORPORATION OF AMERICAS SAYS MADE A STRATEGIC INVESTMENT IN RIVIAN, FINANCIAL TERMS OF WHICH WERE NOT DISCLOSED.  Full Article

Sawai Pharmaceutical to sell 20 pct stake in SAWAI AMERICA for $211 mln
Monday, 13 Nov 2017 01:15am EST 

Nov 13(Reuters) - Sawai Pharmaceutical Co Ltd <4555.T>:Says it plans to sell 20 percent stake in a wholly owned U.S.-based unit SAWAI AMERICA INC to Sumitomo Corporation of Americas, a wholly owned unit of SUMITOMO CORPORATION <<<8053.T>>>, for $211 million (23.2 billion yen).Transaction will be completed as of the end of March 2018.  Full Article

SCSK to sell all stake in unit QUO CARD for 22.5 bln yen
Monday, 30 Oct 2017 02:14am EDT 

Oct 30 (Reuters) - SCSK Corp <9719.T>:Says it plans to sell all stake in wholly owned unit QUO CARD Co., Ltd. to T-Gaia Corporation <<<3738.T>>> on Dec. 1, for 22.5 billion yen.  Full Article

SCSK to retire treasury shares
Monday, 30 Oct 2017 02:07am EDT 

Oct 30 (Reuters) - SCSK Corp <9719.T>:Says it plans to retire 3.8 million shares (3.5 percent of outstanding) of its common stock on Nov. 30.Says the total shares outstanding 104.2 million shares after the retirement.  Full Article

R&I affirms Sumitomo's rating at "A+" and announces stable outlook – R&I
Wednesday, 25 Oct 2017 03:00am EDT 

Oct 25(Reuters) - Sumitomo Corp <8053.T>:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+" – R&I.Rating outlook stable– R&I.  Full Article

SUMITOMO MAKES STRATEGIC INVESTMENT IN PIEDMONT ANIMAL HEALTH
Tuesday, 3 Oct 2017 10:22am EDT 

Oct 3 (Reuters) - Sumitomo Corp <8053.T>::SUMITOMO CORPORATION MAKES STRATEGIC INVESTMENT IN PIEDMONT ANIMAL HEALTH.SUMITOMO CORP - ‍LIFE SCIENCE DIVISION OF SUMITOMO CORP, PIEDMONT ANIMAL HEALTH ANNOUNCE THAT SUMITOMO MADE A STRATEGIC EQUITY INVESTMENT IN PIEDMONT​.SUMITOMO - COMPANIES WILL EXPAND EXISTING U.S.-JAPAN TECHNOLOGY COLLABORATION AGREEMENT TO INCLUDE ASIA AND OTHER SPECIFIC COUNTRIES OUTSIDE OF JAPAN.  Full Article

Sumitomo Corp seeks increase in New Zealand lumber capacity - Nikkei‍​
Friday, 25 Aug 2017 04:32pm EDT 

Aug 25 (Reuters) - Nikkei::Sumitomo Corp seeks a 60 percent increase in its New Zealand lumber capacity by the year ending in March 2020 - Nikkei‍​.Sumitomo's unit plans to spend around 7 billion yen ($64.1 million) to expand its holdings to 36,000 hectares - Nikkei‍​.  Full Article

NEC and Sumitomo Corp to sign a contract worth 19 bln yen for satellite launch project in Vietnam - Nikkei
Wednesday, 26 Jul 2017 05:51pm EDT 

July 27 (Reuters) - Nikkei-:NEC and Sumitomo Corp to sign a contract worth 19 billion yen for a satellite launch project in Vietnam - Nikkei.  Full Article

COLUMN-Is there an electric accelerator to falling nickel stocks? Andy Home

LONDON, April 3 Stocks of nickel held in London Metal Exchange (LME) warehouses fell by 46,344 tonnes, or 12.6 percent, over the first quarter.