Sumitomo
Elliott asks to buy Sumitomo Realty stake from corporate holders
Firms with high percentages of such holdings are often targeted by activist investors
Japan’s Sumitomo wins Singapore grant to develop ammonia as marine fuel
[TOKYO] Japanese trading house Sumitomo said on Monday (Oct 6) it has been awarded a Singapore government grant to develop ammonia as an alternative marine fuel to help decarbonise the shipping indust...
Sumitomo Life said to take step to avoid marking bond losses
The Osaka-based insurer is taking advantage of guidelines for bond investors when prices move sharply
Elliott has built significant stake in Sumitomo Realty: sources
The activist investor has investments in Japan focusing on boosting returns through share buybacks, selling off older real estate holdings and unwinding equity stakes in other firms
JAL-Sumitomo JV secures right to place order for up to 100 Archer air taxis
ARCHER Aviation said on Thursday (Nov 7) a joint venture (JV) between Japan Airlines and Sumitomo had secured the right to place orders for up to 100 of its electric air taxis worth US$500 million.
Japan’s Sumitomo Corp net profit down 32% on Madagascar one-off loss
JAPANESE trading house Sumitomo Corp reported net profit for the fiscal year ended in March fell 31.7 per cent from a year earlier to 386.4 billion yen (S$3.4 billion), missing estimates, as it took a...
Sumitomo to bolster shareholder returns in new mid-term plan
Japanese trading firm Sumitomo said it will buy back its stock and adopt a progressive dividend policy, bringing it in line with the other four major peers in an effort to boost shareholder returns.
