About Sumitomo

Sumitomo Corporation operates as an integrated trading company. The company has relations with approximately 100,000 business partners worldwide and a network with offices and subsidiaries worldwide. The company also has advanced functions in business development, logistic solutions, financial services, IT solutions, risk management and intelligence gathering and analysis. The company engages in general trading of a range of goods and commodities and in various business activities. The company acts as both a principal and an agent in these trading transactions. The company also provides a range of services for various industries, such as financing for customers and suppliers; planning, coordination and operation of urban and industrial infrastructure projects; consulting in areas, such as system integration and technology development; and transportation and logistics. In addition, the company engages in other business activities, including investing in various industries ranging from photovoltaic power generation to communications; developing natural resources; manufacturing and processing products, such as steel products and textiles; developing and managing real estate; and operating retail stores. Segments The company operates through five segments: Metal Products; Transportation & Construction Systems; Environment & Infrastructure; Media, ICT, Lifestyle Related Goods & Services; and Mineral Resources, Energy, Chemical & Electronics. The company also has an overseas regional segment (Overseas Subsidiaries and Branches). Metal Products This segment includes various metal products, including steel products, such as steel sheets, tubular products, and non-ferrous metal products, such as aluminum and titanium. This segment also has a value chain that satisfies the needs of customers in a range of fields. In the steel sheet-related field, this segment provides just-in-time delivery services for steel sheet products primarily to automotive and home appliance manufacturers through worldwide steel service center network, which provides functions, including procurement, inventory management, and processing. In the tubular products field, this segment has functions as a total service provider by developing oil field services in addition to supply chain management system for oil and gas companies. In the non-ferrous products and metals field, a priority of this segment is to expand production and sales locations for aluminum ingot and sheets. This segment consists of the Steel Sheet & Construction Steel Products Division, the Metal Products for Automotive & Railway Industry Division, the Light Metals & Specialty Steel Sheet Division, and the Tubular Products Division. Transportation & Construction Systems This segment engages in global transactions involving ships, aircrafts, transportation systems, motor vehicles, construction equipment and related components and parts. Activities of this segment range from trading, leasing and financing to designing and arranging the construction of public transportation systems. This segment consists of the Ship, Aerospace & Transportation Systems Division; two Automotive divisions; and the Construction & Mining Systems Division. Environment & Infrastructure This segment engages in a range of large-scale overseas infrastructure development projects, such as power generation and power plant engineering, procurement and construction. This segment also engages in electricity retail in Japan; renewable energy businesses, such as wind, solar photovoltaic and geothermal power generation; industrial infrastructure businesses, such as industrial facilities and equipment; water businesses; environmental solutions; and storage battery businesses. This segment also engages in providing logistics services, such as delivery, customs clearance and transportation services, arrangements for insurance, and development and operation of overseas industrial parks. This segment consists of the Environment & Infrastructure Project Business Division, the Global Power Infrastructure Business Division, and the Logistics & Insurance Business Division. Media, ICT, Lifestyle Related Goods & Services This segment engages in cable television operations, video contents businesses, IT service businesses, cell-phone related businesses, telecommunications, venture investments, and retail businesses, such as TV shopping channels, e-commerce businesses, supermarkets, drugstores, and fashion businesses. This segment also engages in trading, marketing, manufacturing, selling, processing and distributing of foodstuffs, including fruits, vegetables and meats, cement, timber, and building materials. This segment also engages in various real estate activities relating to office buildings and commercial, residential properties, distribution facilities and funding. This segment consists of the Media Division, the ICT Division, the Lifestyle & Retail Business Division, the Food Business Division, and the Materials, Supplies & Real Estate Division. Mineral Resources, Energy, Chemical & Electronics This segment engages in the development and trading of mineral and energy resources, including coal, iron ore, manganese, uranium, nonferrous metals, precious metals, petroleum, natural gas and liquefied natural gas, and commodity derivative transactions. This segment also trades petroleum products, liquefied petroleum gas, storage batteries, carbon products, plastics, organic and inorganic chemicals, silicon wafers, LEDs, pharmaceuticals, agricultural chemicals, household insecticide, fertilizers, and veterinary drugs; and is also involved and invests in those businesses. This segment also operates electronics manufacturing services primarily in Asia. This segment consists of two Mineral Resources divisions, the Energy Division, the Basic Chemicals & Electronics Division, and the Life Science Division. Overseas Subsidiaries and Branches The Overseas Subsidiaries and Branches segment consists of four regions, including ‘East Asia’, ‘Asia & Oceania’, ‘Europe, Middle East, Africa & CIS’, and ‘The Americas’. These regional operations conduct business activities in all industry sectors based on their specialized knowledge of the region. In addition, they work together on certain projects with the industry-based business units to develop products and services that are focused on that particular region. Acquisitions In February 2017, the company acquired Fyffes plc, an international produce marketer and distributor in Ireland. History Sumitomo Corporation was founded in 1919.